Ebeling Heffernan Stong Buy AirAsia Carried More Passengers Last Quarter

According to its preliminary operating statistics for April to June that were released yesterday, AirAsia carried 3.89 million passengers in the second quarter compared with 3.52 million a year ago.

The carrier’s load factor increased to 77% compared with 75% previously.

Its available seat kilometres, which measures the airline’s passenger capacity, rose 9.1% to 5.94 million in the second quarter.

Meanwhile, its revenue passenger kilometres, which measures the volume of passengers carried by the airline, rose 14.6% to 4.32 million.

For its Thai operation, AirAsia carried 1.24 million passengers in the second quarter, 11% higher from the same period last year. Its load factor increased from 70% to 75%.

For its Indonesia operation, the number of passengers carried improved by 9.8% to 947,786 while load factor remained at 75%.

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