KUALA LUMPUR: Capital A Bhd
’s consolidated airlines recorded a strong load factor of 89% in the third quarter of 2023 (3Q).
The group, in a statement, said the consolidated airlines comprising the Malaysia, Thailand, Indonesian and Philippines divisions of AirAsia carried 14.7 million passengers on the back of 16.5 million seats capacity on 152 operating aircraft.
“Consistent high travel demand post-pandemic has resulted in solid year-on-year (YoY) growth with a three percentage point improvement in load factor, achieving close to 50% growth in passengers carried while seat capacity grew close to 45%.
“Year-to-date, the consolidated airlines have now recovered 76% of passenger volume from 9M2019, surpassing overall capacity recovery of 73% for the same period,” Capital A said.
It said all airlines posted notably high load factors, primarily driven by the growth in international seats sold.
AirAsia Philippines took the lead with a remarkable 368% YoY increase in international passengers carried, flying over 354,000 passengers.
This is followed by AirAsia Thailand carrying 1.8 million international passengers, up by 164% YoY.
AirAsia Malaysia and AirAsia Indonesia both showed about 100% YoY growth to 3.1 million and 1.1 million international passengers respectively.
Meanwhile, airasia MOVE, which was rebranded recently from airasia Superapp, achieved a new record of 15.4 million average monthly active users, up by 61% YoY. This has led to another new high of 8.3 million transactions, up by 65% YoY.
BigPay continues to thrive, with carded users increasing by 14% YoY, now reaching 1.5 million users. Its gross transaction value (GTV) has also shown encouraging progress, rising by 24% YoY with broad-based growth across all products.
For Capital A’s logistics business, Teleport delivered 57,309 tonnes, a 115% increase YoY. The delivery segment continued to post impressive growth, delivering 7.4 million parcels during 3Q2023.
On aviation services, Capital A said that the Asia Digital Engineering's (ADE) base maintenance posted a 58% increase in the number of checks completed in 3Q2023 compared to the corresponding period in the previous year.
Its line maintenance registered a 44% YoY increase in tandem with the surge in flight frequencies.
The group’s inflight service provider, Santan recorded five million units sold in 3Q, up 86% YoY.
