Thursday, 2 May 2013

AirAsia X posts strong growth in Q1

AirAsia X Bhd, the low-cost, long-haul affiliate of AirAsia Bhd, recorded a strong growth in the first quarter (Q1) of this year, carrying 650,000 passengers, a growth of 20.9 per cent in the same period in 2012.

AirAsia X Chief Executive Officer Azran Osman-Rani said the airline would continue to focus on increasing capacity this year in identified core markets including Australia, China, Taiwan, Korea and Japan.

"The addition of seven aircraft this year will see AirAsia X expanding further in the long-haul segment across Asia Pacific," he said in a statement today.

In terms of passenger traffic, AirAsia X recorded 3.3 billion
Revenue-Passenger-Kms (RPKs) in Q1 2013 while capacity was at 3.9 billion, resulting in a load factor of 84 per cent and solidifying its position as the second-largest low-cost carrier in Southeast Asia after AirAsia.

Its RPKs and Average-Seat-Kms (ASKs) increased by 21.7 per cent and 26.7 per cent, respectively, compared with Q1 2012 for continuing routes.

"AirAsia X is also seeking ways to maximise passenger revenue and develop new ancillary revenue streams.

"We aim to grow our fleet of new fuel efficient aircraft to meet passenger demand, expand route mix and continue to implement initiatives to strengthen operations quality and cost structure," Azran said.

On cargo operations, he said AirAsia X carried 7,482 tonnes of freight in Q1 2013, registering a growth of 47 per cent from 5,106 tonnes in Q1 2012 for its continuing routes.

Its aircraft fleet as at March 31 this year remains at nine Airbus A330s and two Airbus A340s while the 10th A330 was delivered last month.-- Bernama

Read more: AirAsia X posts strong growth in Q1http://www.btimes.com.my/Current_News/BTIMES/articles/20130502165241/Article/#ixzz2S913b43B

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