Airasia X load factor dips to 74pc in Q1 2015
Published on: Tuesday, May 19, 2015
Kuala Lumpur: KUALA LUMPUR: AirAsia X Bhd's load factor during the first quarter (Q1) of 2015 dropped 12 percentage points to 74 per cent from 86 per cent in the same period last year. In a statement Monday, the long-haul, low cost airline affiliate of the AirAsia Group said its passenger traffic for Q1 declined 17 per cent year-on-year to 4,431 million from 5,339 million in the same quarter last year.In line with its turnaround strategy which includes network consolidation exercise for the first half of 2015, the airline said it had implemented frequency cut on certain routes, mainly China and Australia, and concurrently terminating loss-making routes—Adelaide and Nagoya, to optimise capacity. ADVERTISEMENT "The excess capacity from capacity management has been re-deployed to short-term wet lease and charter operations to maximise revenue," it said. In terms of fleet movement, AirAsia X said it took deliveries of two A330-300s on operating lease during the quarter, bringing its total number of A330-300s to 25 as compared to 19 in the same period last year.Stay up-to-date by following Daily Express’s Telegram channel.
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On its associates, the statement said Thai AirAsia X registered strong loads of 82 per cent in Q1, with 155,961 passengers carried, implying continued positive pick-up for the popular routes between Thailand, Japan and South Korea.Thai AirAsia X currently operates three A330-300s while Indonesia AirAsia X has two A330-300s serving Bali-Taipei and Bali-Melbourne respectively, it said. – Bernama