AirAsia X releases 4Q14 and FY2014 operating results

AirAsia X has announced its operating statistics for the fourth quarter of 2014 (4Q14) and the full financial year ended 31 December 2014 (FY2014).
During 4Q14 the airline’s passenger numbers grew 9% in comparison with the same period in 2013, alongside an 8% year-on-year increase in available seat kilometres (ASKs).
Consequently, load factor improved by 0.5 percentage points to 81.4%, implying capacity injected during the peak quarter was well absorbed by demand arising from year-end holiday travel.
During 4Q14 AirAsia X took delivery of two Airbus A330-300s on operating leases, bringing its total number of A330-300s to 23 and its whole fleet to 26 aircraft. However, the carrier’s A340-300s are due to be returned early in the second quarter of 2015 and an A330-200 is also due to be returned during this first quarter of 2015.
Among the associates, Thai AirAsia X registered strong load of 84.4% for its 4Q14, with 159,034 passengers carried, showing faster-than-expected pick-up for the popular routes between Thailand, Japan, and South Korea.
Across FY2014 AirAsia X’s passenger numbers grew by 1.1 million, or 34% year-on-year to 4.2 million. The carrier attributes this to stronger branding, enhanced customer experience and larger capacity at KLIA2.
The FY2014 load factor was 82% even though capacity (measured in ASKs) grew by 31% in comparison with 2013, thanks to new routes to Nagoya, Xian, and Narita in 2014.

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