In FY2023, the low-cost airline carried 56.99 million passengers.
Capital A said the group also carried 16.27 million passengers in the fourth quarter (Q4) of 2024 compared to 14.88 million in Q3 2023, reflecting a 9% year-on-year (y-o-y) increase and maintaining a strong 88% load factor.
“Emerging from the challenges of Covid-19, the group has successfully recovered 84% of pre-pandemic capacity levels,” it said in a statement today.
The company said the group’s fleet expansion contributed significantly to its success in 2024 with its active fleet growing to 205 aircraft out of a total of 224 aircraft, with the reactivation of 14 aircraft during the year.
“The group inducted ten aircraft, comprising nine new A321neo and one used A320 during the year while returning two aircraft to lessors, improving operational efficiency and capacity to support growing demand across its network,” it added.
For Asia Digital Engineering (ADE), it has completed 22 base maintenance checks, a 10% y-o-y increase, bringing the total number of checks for the year to 63.
Line maintenance checks demonstrated encouraging growth, surpassing 3,000 checks for the quarter, representing an 8% y-o-y increase.
This contributed to a full-year total of over 12,700 line checks, a 17% y-o-y increase.
“The growth was driven by increased flight activity and further supported by ADE’s expansion into new markets in Cambodia, the Philippines and Indonesia during the year,” it said.
For Teleport, the total cargo volume reached 295,926 tonnes in FY2024 and 85,950 tonnes in Q4 2024, respectively.
It said the e-commerce segment continued its impressive growth, delivering 79.9 million parcels in FY2024, a 92% increase compared to 2023.
A total of 22.7 million parcels were delivered in Q4, with daily parcel volumes averaging 247,000, showcasing a 44% y-o-y growth.
Meanwhile Santan, AirAsia’s inflight catering business, successfully expanded into the ready-to-eat market and served 19.7 million meals in FY2024, driven by strategic third-party partnerships and a more affordable menu.
BigPay, AirAsia’s fintech arm, also saw continued user growth, with its card use base expanding to over 1.6 million, fuelled by BigPay Lite and enhancements in remittance services, which now enable direct e-wallet transfers across various countries, providing users with more end-point recipient options.