AirAsia grounds most of its fleet. In comparison with Q1 2019, when its EBITDA was in the order of RM264.5m.In addition, D7 shared its Cost per Available Seat Kilometre (CASK). As result, D7 ended the quarter with a net loss of RM549.7m.The Malaysian airline’s Passenger Load Factor (PLF) went down from 83% to 74% compared to Q1 2019. According to the company, the negative results reflect the decrease in seat and passenger capacity.AirAsia X cut capacity by 15% and carried 1,141,713 travelers in Q1 2020. Please refer to the current fleet list to see each aircraft's individual age. Further, its net loss came to US$27.1m.Buranasiri added that XJ had a drop of 29% in passenger capacity.

Ismail referred to the increased demand in the global supply chain for essential goods, authorities assistance, and repatriation flights.Nonetheless, the Malaysian airline will maintain its hibernation mode for its fleet and route schedule in the coming months.As D7’s resumption of operations is tied to international travel demand and country restrictions, the airline expects a rebound by the end of 2020.In the meantime, the carrier is mitigating the COVID-19 impact in key actions with partners and creditors. Cookies help us deliver our services. Posted 27 March 2020 12:01. During the quarter, the Asian airline saw a revenue of RM924.1m. Starting August 1, it will again offer a total of six weekly flights linking its KLIA homebase with Taipei Taoyuan using its fleet of A330-300s. The airline is the Philippine affiliate of AirAsia, a low-cost airline based in Malaysia.The airline started as a joint venture among three Filipino investors and AirAsia Investments Ltd., a subsidiary of AirAsia Berhad.. PETALING JAYA: AirAsia Group Berhad has announced the grounding of most of its fleet around the world due to Covid-19, which has led to … AirAsia X announced on Monday (10 August) that its fleet remains in “hibernation” because of the global shutdown of international flights due to the COVID-19 pandemic.The company said in the second quarter its passenger load factor was 38 percent, while the number of passengers carried was recorded at 2,291, which came on the back of flights ferrying cargo with minimal passenger take … I’m fascinated by sustainability alternatives and customer service improvements. AirAsia X (D7, Kuala Lumpur Int'l) has started selling tickets for its first route to be resumed following the Covid-19-related temporary closure of all of its scheduled network..
AirAsia is grounding of most of its fleet due to “extensive and increasing border restrictions.” The Malaysian group originally planned to offer... Read more. However, its average fare increased by 4%: RM535. It is a successor to Zest Airways, Inc.. 1 The average fleet age is based on our own calculations and may differ from other figures. The company operates several subdivisions of their low-cost service, with imprints such as Thai Air Asia, AirAsia India, and Phillippines AirAsia serving their respective countries. Disclaimer. AirAsia X Bhd said today its Malaysia operations carried only 2,291 passengers in the second quarter of 2020 (2Q20) versus 1.46 million a year earlier, as the budget airline maintained minimal operations while the global aviation industry contended with the impact of the Covid-19-driven movement restriction policies to curb the spread of the pandemic. AirAsia to launch Manila-Ho Chi Minh City, expand Philippines network. 2 Future records only include new-built aircraft close to delivery and expected second-hand deliveries. This represents a drop of 21% compared to the same period in 2019.Additionally, D7 reported a total income of RM1.17bn in Q1. PETALING JAYA: AirAsia Group Berhad has announced the grounding of most of its fleet around the world due to Covid-19, which has led to extensive border restrictions by various countries.In a statement, it listed the suspension of most or all AirAsia and AirAsiaX flights from various countries it operates out of, including Malaysia, Indonesia, Thailand, the Philippines and India.In Malaysia, the grounding of flights includes the suspension of all international and domestic flights from Malaysia from March 28 to April 21 and most AirAsiaX flights from March 28 to May 31.“We will continue to evaluate the situation closely and are prepared to reinstate our services as soon as the situation improves, subject to the necessary regulatory approvals.“All affected guests are being immediately notified by email and SMS.”AirAsia customers, it added, have the option of converting their flight bookings into a credit account that is valid for future redemption for 365 days or move their flights for an unlimited number of times, without any charges, to another date before Oct 31.“We believe this temporary fleet hibernation is the right thing to do to ensure the well-being of our guests and employees, who will remain as the top priority of our business during this challenging time.”To manage costs during this period, the management and senior employees have volunteered to take pay cuts ranging from 15% to 100%.“This will help ensure we can ride out this prolonged period of extremely low travel demand and, at the same time, minimise the impact on our employees, especially those in junior positions.”It added AirAsia’s cargo and logistics platform, Teleport, will remain operational to help transport medical aid and protective equipment for hospitals and frontliners. The airline carried 474,150 passengers compared to 665,432 in the same period last year.In other results, XJ’s PLF went down by 77% and ASK capacity followed the trend dropping by 22%Beyond what is an unprecedented Q1 2020, D7 CEO, Benyamin Ismail said other areas have maintained the airline operational.Mr. this totaled US$89.6m against US$126.9m in Q1 2019.
During the quarter, the Asian airline saw a revenue of RM924.1m. © Copyright © 2020 Airways International, Inc. All rights reserved. Copyright © 2020 FMT Media Sdn Bhd.


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