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UPDATE

Feb 28, 2023, 04.00 PM

AirAsia X revenue stood at RM339.3mn

Ancillary revenue per passengers marked RM196 during the quarter, up 17% compared to the same period in 2019.

The Company recorded a significant improvement in revenue of RM339.3 million in 6Q22 by carrying 337,638 passengers.

AirAsia X Berhad, the mid-range affiliate airline of AirAsia Aviation Group today reported its financial results for the Sixth Quarter of 2022 and full Financial Year 2022  ending 31 December 2022.

The Company recorded a significant improvement in revenue of RM339.3 million in 6Q22 by carrying 337,638 passengers, boosted by the year-end peak travel season. In addition, average base fare in 6Q22 was a record-high at RM866 strengthened by the as-anticipated and continuing pent-up demand for international air travel within the region.

Ancillary revenue per passengers marked RM196 during the quarter, up 17% compared to the same period in 2019. Passenger Load Factor (“PLF”) was healthy at 79%, up  six percentage points from the previous quarter, and showed an over 97% recovery of the same period in 2019. These positive key metrics resulted in the Company posting net operating profit of RM149.6 million and net profit of RM153.5 million. 

The Company has also managed to strengthen its cash position, which stood at RM181.9 million as of December 2022. 

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