AirAsia X sees lower passenger volume in 1Q

21 May 2015 04:29:18

theedgemarkets.com

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.


Read full story: theedgemarkets.com

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