Capital A’s load factor rises to 86% in Q3


Capital A Bhd’s consolidated airlines continue to recover strongly with another quarterly record, with load factors rising to 86% in the third quarter of the financial year 2022. – The Malaysian Insight file pic, October 26, 2022.

CAPITAL A Bhd’s consolidated airlines continued to recover strongly with another quarterly record, with load factors rising to 86% in the third quarter of the financial year 2022 (Q3 2022).

The airline operator said its consolidated airlines, comprising AirAsia Malaysia, AirAsia Indonesia, AirAsia Philippines and AirAsia Thailand, carried more than 7.1 million passengers, a 1,925% increase year-on-year (y-o-y) and a 28% increase quarter-on-quarter (q-o-q).

In a statement today, Capital A said for Q3 2022, the airlines operated a total of 68 aircraft, restoring 48 aircraft to service against a year ago.

“Capital A’s consolidated airlines flew close to 45,000 flights in the quarter, up 1,460% y-o-y from fewer than 3,000 flights flown in the same period last year and with more than 9,000 flights compared with the preceding quarter, supported by the upsurge in domestic and international travel demand in our key markets.

“Seats sold for domestic and international flights increased by 10% and 107% q-o-q, respectively, signalling a strong rebound for international flight services,” it said.

Capital A said available seat kilometres (ASK) rose by 1,760% y-o-y, while revenue passenger kilometres increased by 2,408% y-o-y. 

It said the group’s four airlines carried 9.9 million passengers during Q3 2022, 2,189% higher y-o-y, utilising 103 aircraft, resulting in an ASK of 11,417 million, recovering 44% of pre-pandemic levels.

For its digital businesses, Capital A said the airasia Super App achieved 9.5 million average monthly active users in the July-September 2022 period, up 161% compared with the same period last year.

Capital A said the number of transactions increased substantially by 1,953% for y-o-y comparison and 139% q-o-q.

“The improved performance is mainly attributed to our travel vertical where bookings on our online travel agent platform alongside AirAsia flights as well as our hotel booking platform have increased in line with the huge resurgence in travel demand, and the roll-out of numerous sales campaigns,” it said.

Capital A said concerning airasia Ride, the number of completed rides achieved more than 550,000 rides in the quarter, while BigPay’s card users rose to 1.26 million in the third quarter, recording a 48% y-o-y and 4.0% q-o-q increase. 

“The group’s logistics business, Teleport, transported 26,667 tonnes in the July-September period, up 21% q-o-q mainly due to an increase in international belly capacity to capture more market share,” it added. – Bernama, October 26, 2022.


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