KUALA LUMPUR, April 27 — AirAsia Group Bhd reported a healthy group-wide load factor of 80 per cent for the first quarter (Q1) of 2020, which was better than its expected 77 per cent, despite weak travel demand due to unprecedented travel restrictions following the Covid-19 pandemic. “This was...
The group consolidated airline operating companies — comprising the Malaysian, Indonesian and Philippine operations — recorded a steady load factor of 78 per cent, but the number of passengers carried was down 21 per cent y-o-y to 9.9 million as capacity was reduced by 11 per cent. — Reuters pic
Group-wide passenger capacity, meanwhile, was lower by about seven per cent year-on-year at 21.42 million during the quarter. Carrying 27 per cent less passengers y-o-y, it achieved a reasonably strong load factor of 77 per cent. AirAsia Philippines flew 1.8 million passengers, down nine per cent against to the same quarter last year. Capacity slipped by one per cent y-o-y as domestic routes and international routes were halted beginning mid-March 2020, while load factor was solid at 84 per cent.
AirAsia Thailand recorded 84 per cent in load factor as it carried 4.5 million passengers, 23 per cent lower than a year earlier.
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