In 1Q16, the Group recorded load factor of 86%, up 9 percentage points (“ppts”) against the same period last year. Number of passengers carried increased 17% year-on-year (“YoY”) to 13.9 million, well ahead of the 6% increase in capacity. At the end of the quarter under review, the Group’s total fleet size stood at 170 aircraft (171 including one aircraft that was delivered to AirAsia Japan in 4Q15, which has not commenced operation).
Malaysia AirAsia (“MAA”) posted load factor of 85% in 1Q16, up 10 ppts YoY. Demand exceeded capacity with 17% increase in the number of passengers carried at 6.48 million and 3% YoY increase in capacity. MAA ended the quarter with a total fleet of 80 aircraft. Five new routes commenced operations during the quarter: Kuala Lumpur – Shantou; Kota Kinabalu – Wuhan; Penang – Ho Chi Minh City and Yangon; and Langkawi – Guangzhou. Frequencies were added on four routes: Kuala Lumpur – Alor Setar, Colombo and Penang; Kota Kinabalu – Miri.
Thai AirAsia (“TAA”) recorded load factor of 88% in 1Q16, up 5 ppts YoY. Total number of passengers carried increased 18% YoY to 4.37 million, ahead of the 11% increase in capacity. During the quarter, TAA took 2 additional aircraft and comparing YoY, 5 aircraft were added bringing its total fleet to 47 aircraft. Two new routes commenced operations: Phuket – Wuhan and Bangkok – Luang Prabang.
Indonesia AirAsia (“IAA”) load factor displayed a marked increase to 79% in 1Q16, up 9 ppts. Number of passengers carried increased 2%, despite capacity reduction of 10% YoY. As part of its turnaround plan, in 1Q16 IAA transferred out two aircraft to the other affiliates (one aircraft to TAA and one to PAA). Its total fleet at the end of 1Q16 stood at 23 aircraft, which includes 8 aircraft operated by Indonesia AirAsia X (“IAAX”).
Philippines AirAsia (“PAA”) reported load factor of 87% in 1Q16, up 10 ppts YoY. Number of passengers carried was at 0.97 million, up 15% YoY supported by the increase in capacity of 2% YoY. PAA ended the quarter with a total fleet of 14 aircraft.
AirAsia India (“AAI”) posted load factor of 86% in 1Q16, up 6 ppts YoY. Number of passengers carried was at 0.54 million, up by 127% YoY. At the end of the quarter, AAI’s total fleet stood at 6 aircraft.