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CAPA TV | October 28, 2020

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AirAsia Berhad Awarded CAPA Asia Pacific Low Cost Airline Of The Year

CAPA
  • On November 22, 2017

AirAsia Berhad, also known as AirAsia Malaysia, was selected for its consistent industry leading financial performance and innovative expansion from secondary bases.

AirAsia Malaysias had a record 87% annual passenger load factor in 2016, representing a 6ppt improvement compared to 2015. Passenger traffic was up 9% to 26.4 million and, most impressively, yield was up despite intense competition, bucking an overall industry trend of declining yields. AirAsia Malaysia generated a pre-tax profit of more than USD500 million in 2016 with an industry leading 31% profit margin.

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