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AirAsia group airlines make progress on recovery goals – Part 1: Malaysia

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AirAsia group airlines are experiencing rebounds in domestic and international capacity as they move into 2H2022, although they still have ground to make up to hit the group’s ambitious year-end goals.

AirAsia streamlined its aviation group during the pandemic, cutting AirAsia Japan and selling its stake in AirAsia India. This leaves it with four airlines in the Southeast Asian region, comprising the core Malaysian operation and joint ventures/affiliates in Indonesia, Thailand and the Philippines.

The wider group has also changed its name to Capital A, reflecting its increasingly diverse portfolio beyond airlines. However, the airline component is still referred to as AirAsia Aviation Group.

Its four airlines are rebuilding capacity as countries loosen travel restrictions. Domestic is recovering faster than international (still the theme for Asia-Pacific airlines), and AirAsia is confident in the upward trend to predict an almost complete recovery in the group’s domestic capacity by the end of 2022.

This two-part update looks at how the four airlines are faring in their respective markets.

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