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AirAsia, Thai AirAsia and Indonesia AirAsia report growth in operating profit in 1Q2013

23-May-2013 10:24 AM

AirAsia revenue up 11% – financial highlights for three months ended 31-Mar-2013:

  • Revenue:
    • AirAsia: MYR1300 million (USD422.1 million), +11% year-on-year;
    • Thai AirAsia: THB6030 million (USD202.2 million), +24%;
    • Indonesia AirAsia: IDR1222 billion (USD126.2 million), +34%;
  • Operating profit:
    • AirAsia: MYR254.9 million (USD82.8 million), +6%;
    • Thai AirAsia: THB931.9 million (USD31.2 million), +48%;
    • Indonesia AirAsia: IDR41,970 million (USD4.3 million), +172%;
  • Passenger numbers:
    • AirAsia: 5.2 million, +7%;
    • Thai AirAsia: 2.6 million, +20%;
    • Indonesia AirAsia: 1.7 million, +35%;
  • Seat load factor:
    • AirAsia: 79%, -1 ppt;
    • Thai AirAsia: 87%, stable;
    • Indonesia AirAsia: 75%, -2 ppts;
  • Average fare:
    • AirAsia: MYR180 (USD58.4), +2%;
    • Thai AirAsia: THB1995 (USD66.9), +5%;
    • Indonesia AirAsia: IDR564,725 (USD58.3), -1%;
  • Revenue per ASK:
    • AirAsia: MYR 16.89 sen (USD 5.5 cents), stable;
    • Thai AirAsia: THB2.00 (USD 6.7 cents), +4%;
    • Indonesia AirAsia: THB445.04 (USD 4.6 cents), +3%;
  • Cost per ASK:
    • AirAsia: MYR 13.62 sen (USD 4.4 cents), stable;
    • Thai AirAsia: THB1.69 (USD 5.7 cents), +1%;
    • Indonesia AirAsia: IDR429.76 (USD 4.4 cents), +2%;
  • Cost per ASK excl fuel:
    • AirAsia: MYR 6.83 sen (USD 2.2 cents), -5%;
    • Thai AirAsia: THB0.94 (USD 3.2 cents), stable;
    • Indonesia AirAsia: IDR207.27 (USD 2.1 cents), -2%. [more - original PR]

*Based on the average conversion rate at USD1 = MYR3.08
*Based on the average conversion rate at USD1 = THB29.8227
*Based on the average conversion rate at USD1 = IDR9685.7

AirAsia Group: “There was a big structural change in 2012 with the set-up of regional functions which was necessary as the Group gets bigger. Now, everything is pretty much in place and everyone is in full-gear mode to take on the second decade head on. 2013 is the start of new era for the AirAsia Group. We have new people on board and existing Allstars wearing new hats, bringing fresh and innovative ideas to the table, which is always needed in an organisation as big as ours,” Tony Fernandes, CEO. Source: AirAsia Group, 22-May-2013.