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AirAsia records strong passenger load factor for Q2

KUALA LUMPUR: AirAsia Malaysia recorded a strong overall load factor of 87 per cent reaching 6.4 million passengers during the second quarter (Q2) of 2023, according to Capital A Bhd. 

The low cost airline said throughout the Q2 of 2023, the domestic performance was incredibly strong and international market traffic remained buoyant with favourable load factor.  

In response to the robust international market demand, AirAsia has reallocated more capacity to international routes to meet the strong resurgence from the international market. 

Meanwhile, Capital A said the consolidated airlines namely, AirAsia Malaysia, AirAsia Thailand, AirAsia Indonesia and AirAsia Philippines posted a healthy load factor of 88 per cent, having carried 14.2 million passengers, almost double the number year-on-year (YoY) in 2Q23. 

Across the airline, 16.2 million seats were available, operated by 146 of the 166 activated aircraft. 

"To date, the consolidated airlines have recovered 73 per cent and 74 per cent of the first half of 2019 (1H19) capacity and passengers carried respectively.  

"With the strong resurgence of travel demand, the group available seat kilometres (ASK) grew to 18,989 million, improved 132 per cent YoY and revenue passenger kilometres (RPK) up by 146 per cent YoY, recorded at 16,312 million," the company said in a statement today. 

airasia Superapp continued to gain strong momentum recording its highest quarterly average monthly active users (MAU) of 15 million in Q2 of 2023, up 40 per cent YoY.  

This led to a 102 per cent YoY jump in the number of transactions at 7.9 million.  

Capital A said the encouraging results indicate improved user engagement in the app, as the number of transactions rose more than two-fold compared to the average MAU on a yearly basis. 

BigPay's carded users grew by 16 per cent YoY reaching 1.4 million users.  

The gross transaction value (GTV) also posted an upward trend, climbing 40 per cent YoY driven by domestic transactions within the payment and remittance products. 

Teleport registered a robust performance, having moved 45,250 tonnes, up 105 per cent YoY, driven by the increased cargo belly capacity from the return of international flights and increased utilisation. 

On aviation services, Capital A said that the Asia Digital Engineering's (ADE) line maintenance services also grew substantially by 179 per cent YoY, of which 98 per cent were from narrow body aircraft and remaining two per cent from widebody aircraft. 

The company's inflight service provider, Santan recorded 4.8 million units sold in Q2 of 2023, up by 189 per cent YoY.  

Among these, 98 per cent were perishable and non-perishable food and beverages items, and the remaining two per cent were duty-free and merchandise products.  

"The surge in demand for inflight products is in line with the increase in flight frequencies and improved passenger traffic," Capital A noted.

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