Malaysia-based LCC operator AirAsia Aviation Group saw an encouraging uptick in passenger demand in the 2021 fourth quarter, and the carrier expects this trend to continue in early 2022 as more of its key markets reopen.
The group reported that average load factor was a relatively robust 80% in the fourth quarter, with its four Southeast Asian airline units experiencing solid year-over-year improvements.
AirAsia’s traffic gains indicated a “V-shaped” recovery in domestic demand in the fourth quarter, said Bo Lingam, CEO of the aviation group. The fourth quarter improvement followed setbacks in the third quarter driven by the temporary re-imposition of COVID-19 domestic movement restrictions in Malaysia, Thailand and Indonesia.
The introduction of travel bubbles for the leisure destinations of Langkawi (LGK), Malaysia and Phuket (HKT), Thailand helped boost international demand in the fourth quarter. The November launch of a travel lane between…
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