AirAsia X sees lower passenger volume in 1Q
21 May 2015 04:29:18
KUALA LUMPUR: AirAsia X Bhd (AAX) ( Financial Dashboard), the long-haul low-cost affiliate of AirAsia Bhd (Financial Dashboard), saw its passenger volume, as measured by revenue passenger kilometres (RPK), decline 17% to 4.43 billion in the first quarter ended March (1Q) from 5.34 billion a year ago.
In a statement yesterday, AAX attributed the drop in RPK to capacity management and a slowdown in marketing activities during the first three months of this year following the crash of Indonesia AirAsia flight 8501 in December last year.
RPK is a measure of the volume of passengers carried by the airline. It is derived from the number of passengers multiplied by the number of kilometres these passengers have flown.
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