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AirAsia X passenger traffic down in 2nd quarter
AirAsia X, the long-haul affiliate of the AirAsia group, reported a drop in passenger traffic in the second quarter ended June 30, but the airline is optimistic of a quick rebound
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irAsia X, the long-haul affiliate of the AirAsia group, reported a drop in passenger traffic in the second quarter ended June 30, but the airline is optimistic of a quick rebound.
'This is evidenced by promising advance bookings, especially from the Australian market, and the trend is in line with expectations to override the setbacks in the first half of 2015,' it said in a statement yesterday.
A total of 810,944 passengers used the airline during the April-June quarter, down 20 per cent compared with the same corresponding quarter a year ago,
The period is traditionally its weakest quarter of the year for passenger traffic. AirAsia X recorded a lower load factor of 68 per cent but with improved average base fare.
Available seat per km also decreased 9 per cent from a year ago to 5,693 million in the second quarter through frequency reduction to Australia as well as the termination of Adelaide and Nagoya in the first quarter of 2015.
'The company was also pressured from continuous irrational competition posted by the national carrier with beyond cost-level fares and further amplified by a series of unforeseen external factors such as the Middle East Respiratory Syndrome in South Korea and the massive earthquake in Kathmandu,' it said.
'However, impacts from these extraordinary one-off events are expected to diminish very soon,' it added. The company sees return of business from the third quarter onward.
AirAsia X took delivery of one A330-300 on operating lease during the quarter, bringing its total number of A330-300s to 26, with four based in Thai AirAsia X and two in Indonesia AirAsia X.(++++)
