AirAsia Indonesia, Malaysia, Philippines and Thailand Carried 23 Million Passengers in 2020

AirAsia has reported that its airlines in Indonesia, Malaysia, Philippines and Thailand carried a combined total of 23 million passengers in 2020. By December, the four AOCs had recovered close to 60% of pre-COVID19 domestic capacity.

AirAsia Malaysia closed the fourth quarter with 834,934 passengers carried on a 72% load factor, despite the setback in October and November given the reimplementation of interstate travel restrictions. Following the easing of restrictions in December, strong pent-up demand positively translated into an immediate pick up in domestic travel.

AirAsia Indonesia posted a strong rebound in Q4 2020, as the number of passengers carried more than quintupled quarter-on-quarter to 389,283 passengers, while load factor improved to 59%, up 10 percentage points from Q3 2020 as more flights resumed and travel restrictions eased. In December, AirAsia Indonesia more than tripled its operating capacity compared to November to match demand recovery. Operations remained primarily domestic, with domestic running at 93% of pre-COVID capacity in December. The group has said that it "is encouraged by the strong rebound in demand and expects AirAsia Indonesia to fully recover to its pre-COVID19 domestic capacity in Q1 2021."

AirAsia Philippines carried 117,948 passengers in Q4 2020 and reported a load factor of 64%. On a month-to-month basis, AirAsia Philippines’ number of passengers carried doubled while domestic operating capacity increased by 5 points to 13% in December when compared to September.

AirAsia Thailand’s performance further gained momentum in Q4 2020, riding on strong domestic travel demand from the festive season and travel incentives from the government. AirAsia Thailand’s Q4 operations exceeded expectations as it surpassed its pre-COVID19 domestic capacity by 7%. In December 2020, AirAsia Thailand operated 116% of pre-COVID19 domestic capacity, as compared to 96% in September 2020. AirAsia Thailand utilised 70% of its fleet by the end of December. More than 2.8 million passengers were carried during the quarter, an increase of 50% quarter-on-quarter, resulting in a load factor of 74%.

1) Number of earned seats flown. Earned seats comprise seats sold to passengers (including no-shows).

2) Number of seats flown.

3) Number of Passengers Carried as a percentage of Capacity.

4) Available Seat Kilometres (ASK) measures an airline’s passenger capacity. Total seats flown multiplied by the number of kilometres flown.

5) Revenue Passenger Kilometres (RPK) is a measure of the volume of passengers carried by the airline. Number of passengers multiplied by the number of kilometres these passengers have flown.

6) Number of flights flown.

7) Number of aircraft including spares.

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