Its consolidated airlines via the combined operations across Malaysia, Indonesia and the Philippines recorded a notable load factor of 84%, akin to its pre-pandemic levels

by ANIS HAZIM / Pic courtesy of AirAsia

CAPITAL A Bhd posted year-on-year (YoY) improvements in the second quarter (April to June) of 2022 (2Q22), supported by the growing domestic demand and the resumption of international travel in Asean countries.

The group said its consolidated airlines via the combined operations across Malaysia, Indonesia and the Philippines recorded a notable load factor of 84%, akin to its pre-pandemic levels, signalling that air travel revival is well underway.

“The consolidated airlines carried over 5.6 million passengers, a 633% increase YoY and 48% increase quarter-on-quarter,” it said in a statement yesterday.

The number of flights was 483% higher to 35,000 flights in the quarter from 6,000 flights in the same period last year, while available seat kilometres rose by 456% YoY and revenue passenger kilometres increased by 582% YoY.

“In 2Q22, total operating aircraft for AirAsia Malaysia, AirAsia Indonesia and AirAsia Philippines were 45, 12 and eight respectively,” it added.

AirAsia Malaysia posted 20 percentage points (ppts) in load factor to reach 84% and a 1276% increase to 3.8 million passengers carried, while AirAsia Indonesia’s load factor increased by 10 ppts to 77% and passengers carried improved by 132% to 714,000.

AirAsia Philippines also posted a higher load factor by 15 ppts to 93% with an increased number of passengers by 480% to 995,537, while AirAsia Thailand’s load factor rose 14 ppts to 75% and carried over 1.7 million passengers in 2Q22.

Meanwhile, its digital businesses, airasia Super App achieved a record high growth in average monthly active users which stood at 10.6 million in 2Q22, up 236% compared to the same period last year.

“This is primarily due to the strong return of travel and increased user acquisition on the mobile app,” it said.

For its e-wallet unit BigPay, it has reached 1.2 million card users in 2Q22, a 62% increase from the same period last year, mainly driven by strong market adoption over the past year and throughout this year.

On the other hand, its logistics business Teleport saw a slightly lower cargo tonnage by 27% YoY due to the extended lockdowns imposed in China that began in March 2022.

However, Teleport’s delivery improved significantly by 630% YoY which achieved a record-breaking total of 1.15 million deliveries in 2Q22.

Capital A’s share closed 3.03% or two sen lower to 64 sen, valuing the group at RM2.66 billion on Monday.