AAX’s capacity plunges 100pc to 6,032 in Q2

Kuala Lumpur: AirAsia X Bhd has provided a glimpse of what to expect regarding its financial performance for the first six months of the year.

AirAsia X carried just 2,291 passengers in the second quarter (Q2) ended June 30, 2020, markedly down from 1.46 million passengers carried a year ago.

In a statement on Monday, the long-haul carrier said the temporary hibernation of its fleet towards the end of the first quarter until now remained in place due to restrictions imposed at international borders to combat the spread of the Covid-19 pandemic.

This had severely affected its operations to the destinations during the period, said AirAsia X.

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AirAsia X’s capacity in Q2 plunged 100 per cent to 6,032 from 1.81 million while its load factor stood at 38 per cent compared to 80 per cent recorded in Q2 last year.

The company’s available seat kilometres, a measure of passenger carrying capacity, dropped to 31 million in Q2 from 8.4 billion posted in the same period a year ago.

The carrier’s revenue passenger kilometres, a metric that shows the number of kilometres travelled by paying passengers, dropped 100 per cent to 12 million in Q2 from 6.8 billion a year ago.

AirAsia X said it had only maintained minimal operations in supporting repatriation of travellers as well as freight and cargo services.

It added that the total number of sectors flown on charter and cargo basis totalled up to 146 in Q2.

Meanwhile, AirAsia X’s Thailand unit posted a passenger load factor of 82 per cent in Q2, as seat capacity was recorded at 377, with a total passengers carried totalled up to 309 during the quarter.

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Similarly, its Thai associate experienced the hibernation of its fleet earlier this year, and remained in hibernation to date. AirAsia X said its local fleet size stood at 24 units for the A330 aircraft, while its Thailand fleet size remained unchanged at 14 units of the A330 aircraft during the quarter.

“This brings the total for the AirAsia X group’s fleet size to 40 units of the A330 aircraft as at the end of Q2 of 2020, which includes two aircraft with AirAsia X Indonesia, which had been suspended since 2019,” it added.

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