AirAsia reports strong growth across all subsidiaries in 2018

The AirAsia family of airlines, consisting of AirAsia Berhad, Thai AirAsia, AirAsia India and AirAsia Japan all saw strong growth in Q4 2018, as well as full-year 2018, ended Dec 31. All of the LCC’s 6 airlines saw a 14% increase in passenger carriage last year, to a combined 74.8m customers. AirAsia Berhad’s consolidated AOCs— AirAsia Malaysia, AirAsia Indonesia and AirAsia Philippines—carried a total of 12.1m passengers in the last 3 months of 2018, up 16% year on year. Passenger growth, measured in RPKs, increased 11%, while capacity, measured as ASKs, grew 14% YOY. The rapid increase in capacity caused load factors to slide 4 percentage points to 84%. Throughout 2018, the consolidated AOC group carried 14% more customers to 44.4m passengers, with RPK and ASK up 10% and 14% respectively. <br/>