KUALA LUMPUR, 1 August 2023 – Capital A Berhad (“Capital A” or the “Group”) has announced the operating statistics for its aviation, digital, logistics and aviation services segments for the Second Quarter of the Financial Year 2023 (“2Q2023”).
AVIATION
In 2Q2023, AirAsia Malaysia, Thailand, Indonesia, and the Philippines (the “Consolidated Airlines”) had a healthy load factor of 88%, carrying 14.2 million passengers, almost double the number year-on-year. The group’s Available Seat Kilometres (ASK) grew to 18,989 million, with revenue passenger kilometres (RPK) up by 146% YoY. AirAsia Malaysia, the largest short-haul airline, recorded a strong load factor of 87%, carrying 6.4 million passengers. AirAsia Thailand had a load factor of 89%, carrying 4.6 million passengers. Indonesia and the Philippines had load factors of 84% and 91%, carrying 1.5 million and 1.6 million passengers, respectively. The domestic performance was strong, and international market traffic remained buoyant. The group has reallocated more capacity to international routes to meet the resurgence from the international market.
MOVE (a.k.a. AirAsia Digital: Superapp & BigPay)
Airasia Superapp experienced a 40% YoY increase in Monthly Active Users (MAU) to 15 million in 2Q2023, resulting in a 102% YoY increase in transactions. This indicates improved user engagement and a significant 110% YoY increase in Gross Booking Value (GBV). The Travel vertical experienced a 9% improvement, Delivers saw a 5% increase, and Rewards and other businesses experienced close to 8% growth. These improvements were attributed to Superapp Super Sale campaigns, free seats campaigns, and efforts to increase fleet drivers for airasia rides, resulting in 2.6 million rides completed by June 2023.
BigPay’s carded users increased by 16% YoY to 1.4 million, with a 40% YoY increase in Gross Transaction Value. The Marketplace GTV grew by 32% YoY with the introduction of prepaid mobile top-ups and airasia points. The Lending segment, launched in Malaysia in 1Q2022, grew 6% YoY, aiming for a stable risk-return profile.
LOGISTICS
Teleport’s performance has improved by 105% YoY, moving 45,250 tonnes and delivering 4.9 million parcels in 2Q2023. The 321% YoY improvement is due to increased cargo belly capacity and a combination of dedicated freighter and flexible belly capacity. Teleport’s first dedicated A321F aircraft, Awan, was inducted in July 2023, strengthening its air cargo network. The freighter will initially cover Kuala Lumpur to Kota Kinabalu and Kuching routes, with plans to expand internationally.
AVIATION SERVICES
Asia Digital Engineering
Asia Digital Engineering completed 22 base maintenance checks in 2Q2023, up from 12 last year. Line maintenance services grew by 179% YoY, with 98% from narrowbody aircraft and 2% from widebody aircraft.
Santan
Santan, the Group’s inflight service provider, sold 4.8 million units in 2Q2023, up 189% YoY. The surge in demand is due to increased flight frequencies and improved passenger traffic. The ready-to-eat and frozen food segments experienced a 16% QoQ decline, while the restaurant and cafe segment saw an 18% QoQ increase due to higher foot traffic.
Ground Team Red (GTR) – Associate Company
GTR, the affiliated ground handling services company, handled 37,000 flights and 5.7 million passengers in 2Q2023, handling 16,787 tonnes of cargo, up 39% YoY. This growth was driven by increased domestic and international routes and travel recovery.