AirAsia reports group-wide growth for 1Q16

AirAsia’s operating statistics for the first quarter of 2016 (1Q16) show a 17% increase in passenger numbers from 11,878,498 in 1Q15 to 13,940,659.
An increase in available seat kilometres (ASKs) of 12% from 17,625,000 to 19,787,000 year-over-year against a growth in revenue passenger kilometres (RPKs) of 24% from 13,549,000 to 16,770,000 has resulted in a strong load factor increase of 9 percentage points from 77% in 1Q15 to 86% in 1Q16.
At the end of the quarter, the group’s total fleet size stood at 170 aircraft (171 including one aircraft that was delivered to AirAsia Japan in 4Q15, which has not commenced operations).
Malaysia AirAsia (MAA) ended 1Q16 with a total fleet of 80 aircraft. It commended five new routes during the quarter (Kuala Lumpur–Shantou; Kota Kinabalu–Wuhan; Penang–Ho Chi Minh City and Yangon; and Langkawi–Guangzhou), while frequencies were added on four routes (Kuala Lumpur–Alor Setar, Colombo and Penang; and Kota Kinabalu–Miri).
However, demand exceeded supply with ASKs growing 12% from 9,017,000 to 10,069,000 year-over-year against a 26% increase in RPKs from 6,779,000 to 8,556,000. This secured MAA a load factor of 85% in 1Q16, up 10 percentage points from 1Q15.The airline carried 5,538,684 passengers during the latter and 6,475,081 during the former.
Thai AirAsia (TAA) reported carrying 4,465,286 passengers in 1Q16, up 18% from the 3,701,286 reported in 1Q15. The airline’s 1Q16 load factor reached 88%, up 5 percentage points year-over-year. RPKs grew by 17% from 3,694,000 to 4,336,000 while ASKs rose by 12% from 4,436,000 to 4,967,000 across the same respective periods.
During 1Q16, TAA took delivery of 2 additional aircraft, with 5 aircraft having been added in total year-over-year, bringing its fleet to 47 aircraft. The airline begun operating two new routes during 1Q16: Phuket–Wuhan and Bangkok–Luang Prabang.
Indonesia AirAsia (IAA) transferred out two aircraft to other affiliates (one each to TAA and PAA) as part of its ongoing turnaround plan. Its total fleet at the end of 1Q16 stood at 23 aircraft, which includes 8 aircraft operated by Indonesia AirAsia X. Despite this, IAA managed to carry 2% more passengers in 1Q16 – 1,593,904 – in comparison to 1Q15’s 1,557,721 passengers.
Furthermore, the airline’s available seat kilometres were only reduced by 2% year-over-year from 2,869,000 to 2,821,000. Revenue passenger kilometres increased by 8% from 2,053,000 to 2,224,000, and IAA’s load factor grew by 9 percentage points to 79%.
Philippines AirAsia (PAA) carried 967,588 passengers during 1Q16, an increase of 15% from the 843,250 carried for the same quarter the previous year. With a 12% increase in ASKs from 1,034,000 to 1,156,000 and a 22% increase in RPKs from 809,000 to 984,000, the airline increased its load factor by 10 percentage points from 77% to 87% year-over-year. PAA ended 1Q16 with a total fleet of 14 aircraft.
AirAsia India (AAI) carried 538,800 passengers in 1Q16, 127% more than the 237,557 carried in 1Q15. With a 187% increase in ASKs from 270,000,000 to 774,000,000 and a 214% rise in RPKs from 214,000,000 to 671,000,000, AAI’s load factor increased by 6 percentage points from 80% in 1Q15 to 16% in 1Q16. At the end of the latter quarter, AAI’s total fleet consists of 6 aircraft.

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