KUALA LUMPUR, Jan. 24 (Xinhua) -- Malaysian airline group Capital A, formerly AirAsia, has achieved a robust group load factor of 88 percent for the fiscal year of 2023, a year-on-year increase of 5 percentage points.
Capital A said in a statement on Wednesday that the load factor showed the return of strong travel demand, which was aligned with the group's effort to inject capacity back into the market and reinstate the route network.
Closing the fiscal year with 162 operational aircraft, the group carried nearly 57 million passengers for the entire period.
Compared to pre-COVID levels, the aviation group passenger carried recovery reached 77 percent on the back of 74 percent capacity recovery.
Leading the way is the domestic recovery, which stands at 82 percent, while the international recovery is at 72 percent.
Within the group, AirAsia Indonesia and Thailand experienced the most substantial recovery at 90 percent and 85 percent, respectively, followed by AirAsia Malaysia and Philippines at 72 percent and 77 percent.