AirAsia load factor up 3% in first quarter

PETALING JAYA: AirAsia Bhd registered a 3% growth in load factor to 89% for the first quarter of 2017.
The low-cost carrier said in a statement yesterday that the total number of passengers carried increased 9% year-on-year (yoy) to 15.23 million, well ahead of the 5% increase in seat capacity.
At the end of the quarter under review, the group’s total fleet size stood at 176 aircraft.
Malaysia AirAsia achieved a load factor of 90% in Q1, up 5% yoy. Demand exceeded the 1% yoy increase in capacity, with the number of passengers carried rising by 6% yoy to 6.85 million.
Its Thai, Indonesian, Philippine and Indian units reported load factors of 89%, 82%, 92% and 89%, respectively.