AirAsia X turnaround sees positive 1Q16

The introduction of ongoing turnaround initiatives has had a positive impact on AirAsia X’s operating statistics for the first quarter of 2016 (1Q16).
The group increased available seat miles by 7% from 6,020,000 in 1Q15 to 6,438,000 in 1Q16 to cater to the rising demand in high-traffic markets and expansion to high-yield routes such as New Delhi and Auckland, which commenced in February and March 2016 respectively.
Revenue passenger kilometres increased 19% year-over-year mainly due to strong traffic demand in the Chinese and Australian markets, resulting in a load factor increase of 8 percentage points from 74% to 82%. Passenger numbers grew from 914,970 for the first quarter of 2015 to 1,055,123 for the first quarter of 2016.
The group’s fleet has grown from 27 to 29 aircraft year-over-year, with Malaysia AirAsia X and TAAX both taking delivery of one A330 each in 1Q16, bringing their fleet size to a total of 21 and 6 respectively. Indonesia AirAsia X’s fleet size remained at 2 A330s.
Moving forward, AirAsia X remains cautiously optimistic, planning to continue exploring strategic initiatives to ensure sustainable growth.

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