Capital A Passenger Load Jumps 67% For 2023 To 57 Million

Capital A Berhad has announced operating statistics for its overall business unit performance with the aviation segment continue to ride the recovery theme for both the fourth quarter and Full Year of the Financial Year 2023 . 

The group said AirAsia Malaysia, AirAsia Thailand, AirAsia Indonesia, and AirAsia Philippines – have consistently recorded load factors in the high 80s every quarter, leading to a robust Group load factor of 88% for FY2023 – a Year-on-Year (“YoY) increase of 5 percentage points.

Closing the year with 162 operational aircraft, overall the Group carried nearly 57 million passengers for the entire year compared to 34 million in 2022. Compared to pre-Covid levels, the aviation group passenger carried recovery reached 77% on the back of 74% capacity recovery.

Leading the way is the domestic recovery which stands at 82%, while the international recovery is at 72%. Within the Group, AirAsia Indonesia and Thailand experienced the most substantial recovery at 90% and 85%, respectively, followed by AirAsia Malaysia and Philippines at 72% and 77%.

airasia MOVE  (formerly known as airasia Superapp) continues to set new milestones, achieving a peak of close to 17 million in its average Monthly Active Users (“MAU”) during 4Q2023, a 48% YoY growth. The app maintained an average of 15 million MAU throughout the year 2023, a 42% YoY surge.

The rest of the business unit saw healthy growth with its logistics unit Teleport witnessing a massive jump for the year.

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