AirAsia overall passenger traffic up 28% in Q3

This story is sourced from Pro
See more Pro news »

AirAsia Group’s passenger traffic, as measured in RPKs, rose by 28% year on year on the third quarter, with its operations in the Philippines and Thailand recording growth in their load factors.

For the three months to September, passenger capacity as measured in ASKs increased by 28%, while the number of passengers carried grew by 27% to 10.6 million. Load factor for the quarter, however, declined by 2 percentage points to 76%.

Malaysia AirAsia reported 11% year-on-year growth in passenger traffic and capacity. Its load factor remained flat at 77%, while passenger numbers rose by 11% to 5.26 million. It launched a daily Kota Kinabalu-Hangzhou service during the quarter, and added frequencies on four routes.

Thai AirAsia posted 33% year-on-year growth in RPKs, while its ASKs rose by 28% as it took delivery of two new aircraft and raised frequencies on three routes. The carrier’s load factor went up by 1 percentage point to 83%, while passenger numbers rose by 30% to 2.56 million.

Indonesia AirAsia reported a 34% increase in RPKs, while ASKs grew by 38%. That resulted in a 3 percentage point decline in load factor to 75%, even as its number of passengers carried rose by 36% to 2.05 million. It also added two new aircraft, launched five new routes and increased frequencies on two others over the quarter

Philippines AirAsia's headline numbers were inflated given the inclusion of AirAsia Zest's figures, resulting in increases to its RPKs and ASKs of more than six times and more than five times respectively. Total passenger numbers also increased by more than six times to 730,000. The carrier saw a 4 percentage point boost in its load factor to 59%.

Japan AirAsia's numbers were excluded from the group's figures following the dissolution of the joint venture between AirAsia and All Nippon Airways in June.