Capital A Load Factor For Q3 Surges 89%, Passenger Carried Hit 14.7 Million

Pic: The Kapital

Capital A Berhad announced its operating statistics for its aviation, digital, logistics, and aviation services segments for the Third Quarter of the Financial Year 2023 with AirAsia Malaysia, Thailand, Indonesia, and the Philippines continuing to post a strong load factor of 89%, carrying 14.7 million passengers on the back of 16.5 million seat capacity on 152 operating aircraft.

Year-to-date, Consolidated Airlines has now recovered 76% of passenger volume from 9M2019, surpassing the overall capacity recovery of 73% for the same period.

All airlines posted notably high load factors, primarily driven by the growth in international seats sold. AirAsia Philippines took the lead with a remarkable 368% YoY increase in international passengers carried, flying over 354,000 passengers. This is followed by AirAsia Thailand carrying 1.8 million international passengers, up by 164% YoY. AirAsia Malaysia and AirAsia Indonesia both showed about 100% YoY growth to 3.1 million and 1.1 million international passengers respectively. 

airasia MOVE, which was rebranded recently from airasia Superapp, achieved a new record of 15.4 million average Monthly Active Users, up by 61% YoY. This has led to another new high of 8.3 million transactions, up by 65% YoY. 

Gross Booking Value (“GBV”) also showcased substantial progress across all business segments, exhibiting a commendable 61% YoY growth. 

Teleport continued to deliver strong quarterly performance in its core operational metrics. Cargo segment: Delivered 57,309 tonnes, a 115% increase YoY. This success is further underscored by a healthy belly utilisation rate of 15% (up from 12% YoY), an achievement made possible by the return of international flights, which significantly expanded usable belly capacity. 

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