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AirAsia X 1st Quarter 2023 Preliminary Operating Statistics: Seat capacity grew by 47% QoQ to 630,069 seats

AirAsia X relaunched more destinations catering to strong demand, now serving scheduled flights to Osaka, Busan as well as Shanghai, besides increasing its services to fly seven times weekly to Tokyo.

SEPANG – AirAsia X Berhad announce its operating statistics for the First Quarter of 2023. In 1Q23, AirAsia X achieved a significantly improved set of operational results as the total number of passengers carried increased by close to 50% quarter-on-quarter (“QoQ”) to 504,476 passengers, driven by new year holidays and spring season travel demand. The impressive performance was on the back of increased seat capacity which grew by 47% QoQ to 630,069 seats while Available Seat Kilometres (“ASK”) surged by 71% to 2,899 millions.

This quarter, an extensive focus continued for fleet reactivation supporting the ramp up of flight frequencies across AirAsia X’s core network. AirAsia X relaunched more destinations catering to strong demand, now serving scheduled flights to Osaka, Busan as well as Shanghai, besides increasing its services to fly seven times weekly to Tokyo. Across its network, Delhi and Tokyo posted strongest Passenger Load Factor (“PLF”) of close to 90%, while overall PLF was strong at 80%, up from 79% in the preceding quarter.

Furthermore, the company is highly encouraged with the recent reopening of China for all travellers since early March 2023 and expects to launch more flights to the country as well as increasing frequency on the most popular and profitable historical routes, besides deliberating the addition of even more destinations and countries within its network in the short to medium term.

Αssociate AirAsia X Thailand, carried a total of 289,813 passengers in 1Q23 with a strong PLF of 88%. Seat capacity during the quarter under review increased by 33% QoQ to 329,913 seats while ASK rose by 40% to 1,601 million on the back of increased scheduled flights and frequencies across its network. During the quarter, AirAsia X Thailand maintained the number of destinations within its network, and announced the recommencement of its Bangkok – Shanghai route, effective in April 2023 subsequent to the reopening of China’s border.

AirAsia X’s total fleet size remained as 14 A330s as of the end of March 2023, with nine aircraft now activated and operational, while AirAsia X Thailand’s total fleet size stood at eight A330s, with five aircraft activated and operational.

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