Asia/Pacific

Capital A passenger traffic 46% of pre-pandemic level

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Capital A passenger traffic 46% of pre-pandemic level

Capital A’s consolidated airlines carried over 7.8 million passengers in fourth quarter of 2022, an increase of 187% YoY. The company released its operating statistics for the fourth quarter (Q4) of 2022, benchmarked against the corresponding pre-Covid performance in Q4 of 2019. The report claimed that the aviation segment remained firmly on a strong recovery path post-pandemic transition with added impetus from rapid resumption of international travel.

The consolidated airlines achieved almost 50,000 flights, up by 171% YoY, operated by 84 aircraft, an additional 16 operating aircraft from the preceding quarter. Correspondingly, Available-Seat-Kilometres grew by 258% YoY to about 10 billion, approaching 53% of pre-Covid ASK in the same period, while Revenue Passenger Kilometres reached 54% of 4Q2019 level.

For FY2022, the consolidated airlines saw an increase in the number of passengers to 24.2 million, up by 404% YoY, exceeding the jump in capacity of 345% YoY.

Compared to the Q4 of 2021, 38 additional international destinations were resumed in the same period this year, contributing to a surge in seats sold for international flights by 6424% YoY and 26% QoQ. In total, AirAsia Malaysia flew to 17 domestic destinations and 48 international destinations in for the full year of 2022, AirAsia Malaysia successfully achieved a pre-Covid load factor of 84% while carrying 48% of FY2019 passengers at 16.8 million.

Capital A’s logistics venture, Teleport delivered yet another strong performance in 4Q2022 having moved 31,158 tonnes of cargo, up by 26% from Q4 of 2021 and 17% QoQ, both on the back of the ongoing recovery of AirAsia's international passenger network in 2H2022. E-commerce delivery volume recorded 3.2 million parcels in 4Q2022, a 433% increase compared with 4Q2021 and up 16% QoQ, as Teleport continued to deepen its service offering with existing customers and acquire new markets with key marketplaces.