Capital A airlines' load factor rises to 88% in 2Q23

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Capital A airlines' load factor rises to 88% in 2Q23
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'Throughout 2Q2023, the domestic performance was incredibly strong and international market traffic remained buoyant with favourable load factor,' said the group.

's consolidated airlines comprising the Malaysia, Thailand, Indonesian and Philippines divisions of AirAsia registered a load factor of 88% in the second quarter of the year.

"Throughout 2Q2023, the domestic performance was incredibly strong and international market traffic remained buoyant with favourable load factor. BigPay's carded users grew 16% y-o-y to 1.4 million users with a 40% increase in gross transaction value driven by domestic transactions within the payment an remittance products.The lending segment that was launched in Malaysia in 1Q22, grew 6% y-o-y.

In aviation services, maintenance, repair and overhaul service provider Asia Digital Engineering completed 22 base maintenance checks in 2Q23, up from 12 checks in the same period in 2022 due to the commencement of two additional maintenance lines in Senai.

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