Malaysian airline Capital A records load factor of 88% in FY2023
Malaysian airline group Capital A, formerly AirAsia, has achieved a robust group load factor of 88% for the fiscal year of 2023, a year-on-year increase of 5 percentage points. Capital A said in a statement on Wednesday that the load factor showed the return of strong travel demand, which was aligned with the group's effort to inject capacity back into the market and reinstate the route network. Closing the fiscal year with 162 operational aircraft, the group carried nearly 57m passengers for the entire period. Compared to pre-COVID levels, the aviation group passenger carried recovery reached 77% on the back of 74% capacity recovery. Leading the way is the domestic recovery, which stands at 82%, while the international recovery is at 72%.<br/>
https://portal.staralliance.com/cms/news/hot-topics/2024-01-25/unaligned/malaysian-airline-capital-a-records-load-factor-of-88-in-fy2023
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Malaysian airline Capital A records load factor of 88% in FY2023
Malaysian airline group Capital A, formerly AirAsia, has achieved a robust group load factor of 88% for the fiscal year of 2023, a year-on-year increase of 5 percentage points. Capital A said in a statement on Wednesday that the load factor showed the return of strong travel demand, which was aligned with the group's effort to inject capacity back into the market and reinstate the route network. Closing the fiscal year with 162 operational aircraft, the group carried nearly 57m passengers for the entire period. Compared to pre-COVID levels, the aviation group passenger carried recovery reached 77% on the back of 74% capacity recovery. Leading the way is the domestic recovery, which stands at 82%, while the international recovery is at 72%.<br/>
