Capital A 1Q load factor at 76%

KUALA LUMPUR (April 28):

Capital A Bhd’s consolidated air operator’s certificates (AOCs) recorded a healthy load factor of 76% and capacity of 4.9 million passengers carried in the first quarter of 2022 (1Q22).

“The number of passengers carried increased by 284% to 3.7 million year-on-year (y-o-y) in 1Q22, leading to a nine percentage point (ppt) improvement in the load factor,” it said in a statement on Thursday (April 28).

Capital A also said the group introduced additional capacity of 238% y-o-y to support the surge in demand, alongside relaxed travel restrictions across the group.

“As a result, available seat kilometres (ASK) soared by 223% and revenue passenger kilometres (RPK) jumped by 264% y-o-y, primarily attributable to a strong domestic travel rebound and gradual further easing of travel restrictions in 1Q22,” it said.

For AirAsia Malaysia, it said, the number of passengers carried and the capacity improvement jumped 464% and 455% respectively, compared to the same quarter in the previous year, off the back of the resumption of a significant number of additional domestic flights and the relaunch of numerous domestic routes to connect people between major cities, particularly during the festive season.

In 1Q22, the load factor increased by 1 ppt y-o-y to 74%, while ASK surged 475% and RPK jumped 476% y-o-y.