The aviation group revealed the increase in passenger numbers resulted in an 84% load factor, one percentage point (ppt) away from achieving the pre-Covid-19 load factor.
“Seats sold for international flights continued to climb by 3,536% y-o-y as international borders reopened, alongside regional travel restrictions lifting, while seats sold for domestic flights increased by 290% y-o-y,” Capital A said in a statement today.
The company also said that available seat kilometres and revenue passenger kilometres rose by 410% and 488% y-o-y respectively, in tandem with the increase in capacity and passengers carried.
Commenting on the fourth quarter (Q4) of FY2022, the low-cost carrier said the aviation segment remained firmly on a strong recovery path post-pandemic transition with added impetus from the rapid resumption of international travel.
“Benchmarked against the corresponding pre-Covid-19 performance, Capital A’s consolidated airlines recovered passenger volume faster than capacity restoration in Q4 FY2022.
“The consolidated airlines carried over 7.8 million passengers in Q4 FY2022, an increase of 187% y-o-y, on the back of 9.1 million seat capacity injected during the quarter leading to a consistent quarter-on-quarter (q-o-q) 86% load factor,” it added.
Capital A said AirAsia Malaysia’s Q4 FY2022 load factor improved by one ppt to 87% from the preceding quarter, AirAsia Indonesia posted a lower load factor of 78% in Q4, down by three ppts y-o-y and four ppts q-o-q.
“AirAsia Philippines recorded a healthy load factor of 87%, up by two ppts y-o-y and down by two ppts q-o-q, while associate airline AirAsia Thailand achieved the highest quarterly load factor of 90%, up 14 ppts y-o-y and three ppts q-o-q,” it added.
Super App gains traction
On airasia Super App, the company said the application recorded 12 million monthly active users as of December 2022, a significant improvement of 41% y-o-y.
“In Q4 FY2022, the number of transactions reached 11.6 million, bringing the overall transactions for the year to 31 million, up 386% y-o-y, mainly contributed by the scheduled extension of AirAsia flights,” it said.
Meanwhile, BigPay closed the year with 1.3 million carded users, a healthy growth of 27% y-o-y and maintained quarterly growth momentum at 4% q-o-q.
BigPay also hit the RM1 billion milestone for international remittances in the quarter with expanded reach and better pricing helping to accelerate the growth.
Capital A’s logistics venture, Teleport delivered another strong performance in Q4, moving 31,158 tonnes of cargo, up by 26% y-o-y and 17% q-o-q, both on the back of the ongoing recovery of AirAsia’s international passenger network in H2 2022.