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Preliminary Operating Statistics

For the 4th Quarter and Full Financial Year Ended 2013

AirAsia Berhad (“AirAsia” or “the company”) is pleased to announce the operating statistics for the 4th Quarter 2013 (“4Q13”) and the Full Financial Year ended 31 December 2013 (“FY2013”).

In 4Q13, the Group* recorded a load factor of 81%. Number of passengers increased significantly at 28% year-on-year (y-o-y”) to 11.8 million, in line with the 28% increase in capacity. For the full financial year ended 2013 (“FY2013”), the Group* recorded a high passenger growth of 25% y-o-y carrying 42.6 million passengers. The growth in capacity stood at 26%, allowing the Group* to close the year with load factor of 79%. This year, including 11 aircraft from the acquisition of Zest Air (rebranded to AirAsia Zest), the Group* took in an additional 39 aircraft in total, bringing the total fleet size of the Group* to 154 at the end of 2013.

Malaysia AirAsia (“MAA”) posted record high load factor of 85% in 4Q13, up 3 percentage points (“ppts”) as compared to the same period last year despite competitive pressures. Being seasonally its strongest quarter due to the holiday season, demand exceeded capacity with 14% increase in the number of passengers carried at 5.9 million and 10% increase in capacity, as a result of the company’s continuous load active yield passive’ strategy. MAA introduced the Kota Kinabalu – Kota Bharu route which proved to be a success as AirAsia is the sole operator of the route. Frequencies were increased on 7 routes: Kuala Lumpur – Bangkok, Chiang Mai, Nanning and Vientianne; Kota Kinabalu – Johor Bahru and Sandakan; Kuching – Bintulu. This quarter, MAA added 3 new aircraft and closed the year with a total of 72 aircraft. For FY2013, MAA maintained a strong load factor of 80%, and carried a total of 21.9 million passengers.

Thai AirAsia (“TAA”) continues to record a solid load factor of 81% in the quarter under review despite the political protest in Bangkok. This was on the back of a high increase of 30% y-o-y in the number of passengers carried at around 3 million, and 32% increase in capacity. The additional capacity this quarter is to cater for the 6 new routes introduced and increase in frequencies on 7 routes – New routes: Bangkok – Siem Reap, Khon Kaen, Kunming; Krabi – Singapore; Bangkok – Phitsanulok; Chiang Mai – Krabi. Frequency increased: Bangkok - Chiang Rai, Chiang Mai, Krabi, Nakhon Si Thamarat, Surat Thani, Yangon and Hat Yai. TAA took in an additional of 4 aircraft this quarter, and ended the year with a total fleet of 35 aircraft. For FY2013, TAA recorded a 1ppt y-o-y increase in its load factor to 83%, and carried over 10.5 million passengers.

Indonesia AirAsia (“IAA”) maintained its y-o-y load factor at 76% for the quarter under review. Total number of passengers carried increased at a high rate of 33% y-o-y to 2.2 million which is in line with the 32% y-o-y increase in capacity. IAA introduced a new route this quarter, Bandung – Johor Bahru, taking advantage of the increasing development and popularity of Johore. Frequencies were added to 9 routes: Bandung – Denpasar and Kuala Lumpur; Jakarta – Denpasar and Kuala Lumpur; Denpasar – Yogyakarta and Ujung Padang; Surabaya – Jakarta and Semarang; and Semarang – Singapore. Y-o-y, IAA took in 8 aircraft bringing its total fleet at the end of the year to 30 aircraft. For FY2013, IAA posted a load factor of 76%, with a total of 7.9 million passengers carried.

Philippines’AirAsia (“PAA”), which includes AirAsia Zest, reported a load factor of 64% with a high growth in the number of passengers carried at 523% and total of 0.79 million passengers. Growth in capacity was in line with passenger growth at 523%. In 4Q13, 7 new routes were introduced and frequencies were added to 5 routes – New routes: Manila – Macau and Miri; Cebu – Kuala Lumpur, Kota Kinabalu, Cagayan De Oro, Davao and Puerto Princessa. Additional frequencies: Manila – Davao, Kota Kinabalu and Kuala Lumpur; Cebu – Davao; Manila – Cebu. During the quarter, 5 aircraft were added to PAA, bringing its total fleet at the end of the 2013 to 17 aircraft. For FY2013, PAA recorded an increase of 7 ppts in its load factor to 63% and carried a total of 2.2 million passengers.

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This year in Thailand-what next?

AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

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