AirAsia Ph starts road to recovery

AirAsia Philippines said ticket sales rose by 30 percent  as commercial flights gradually resumed in June. 

AirAsia Philippines’ June performance contributed to AirAsia Group’s recent record-breaking 41,000 seats sold in a single day post hibernation. 

Popular routes booked include Manila to Puerto Princesa and Davao. Flights to and from Davao similarly showed consistently high load factors throughout the month.

“AirAsia’s road to recovery has started, and this has kept us in good spirits knowing that we are in the midst of the aviation industry’s upturn,” Ricky Isla, AirAsia Philippines chief executive said. 

“We are committed to gradually restoring our network. This month (July), we are glad to resume international flights, starting with Kuala Lumpur, where AirAsia’s headquarters is located,” he added. 

AirAsia Philippines initially operated 9 routes from 3 of its hubs (Manila, Clark, Cebu), utilizing 7 aircraft in its first month since the hibernation of its fleet. Nearly 200 commercial flights were mounted in June, flying over 10,000 guests domestically.

Eleven routes are being operated in July, including an international route to Malaysia.

AirAsia Philippines earlier reported a P534 million operating losses in the first quarter of the year from P471 million profit in the same period last year 

Revenues went up  by 18 percent to P5.49 billion  from last year’s P6.67 billion. 

AIrAsia Philippines carried 1.79 million domestic and international passengers during the period, down by 9 percent from P1.97 million passenger last year. 

Its load factor also went down by 7 percentage points to 84 percent from 91 percent. 

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