KUALA LUMPUR: AirAsia Group Bhd saw all its four key operating entities post significant improvement for the second quarter of this year (Q2’21) amid a low base effect as the group’s fleet were hibernated for the most part of the Q2’20 impacted by the Covid-19 pandemic.
In a statement issued yesterday, the low-cost carrier said AirAsia Malaysia carried 64% higher number of passengers year-on-year (y-o-y) on 54% higher capacity, resulting in a four percentage point-increase to a healthy load factor of 64%.
This is despite AirAsia Malaysia’s operations remaining constrained quarter-on-quarter (q-o-q) due to a lockdown and interstate travel restrictions imposed from January this year. “The ongoing subdued operations are expected to persist until Malaysia reaches herd immunity by the fourth quarter of this year. The government has recently set a new target of vaccinating all adults by October 2021,” it said. Read more