Summary
- AirAsia X has recovered strongly from the depths of the COVID-19 pandemic and looks set for a profitable year in 2024.
- The airline has increased its capacity and passenger count, resulting in higher load factors and increased revenue.
- AirAsia X Thailand has also seen a strong recovery, with increased passenger numbers and resumed services to Sapporo, Japan.
There was a time during the depths of the COVID-19 pandemic when the future of AirAsia X did not look very promising at all, but as the low-cost airline enters 2024, it has recovered strongly and looks set for a profitable and successful year. It has also shaken off the specter of Malaysia’s PN 17 financial restrictions and is in talks to acquire AirAsia Aviation Group from Capital A.
Last week, AirAsia X announced its operating statistics for the Fourth Quarter of 2023 (4Q23) and the Full Financial Year Ended 2023 (FY2023). It is…
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