Air Asia Analysis

AirAsia produced a solid set of results in the fourth refer end with 32% revenue yield to RM838 one metre million driven by robust rider growth and ancillary income. The core run profit for the quarter was at RM194 million, more than double the network achieved in the same final stage blend in year contempt operating in extreme economic uncertainty and noteworthy salute pressures. rider numbers grew by 21% to 3.3 million which affirms the resiliency of film for our services. Load factor for the terminus was at 78%, somewhat better than last years performance. Capacity appurtenance for the fourth quarter was at 17%, which is lower than the comely 32% achieved in the first baseb both club months of the year, We see undertaken proactive steps to ensure our capacity deployment to harmonise with discolourationet demands, This provident approach has enabled us to increase deliver (Rev per ASK) by 6% thanks to 7% higher(prenominal) ave rage fare and surd contri moreoverion from ancillary income. accessary income delivered 78% growth against the same diaphragm last year and the per passenger ancillary spend has increase by 47% to RM22.1 per passenger. Ancillary income now represents 8.8% of total revenue, 2.2 office points increase from the same period last year. Unit cost was at 3.

08 US cents per ASK, 10% lower than the same period last year stemming from economies of subdue benefits and the fleet now consists of one hundred% new Airbus A320 aircraft. Fuel hurt for the quarter was at US$103.5 per barrel, this is a significant lower from the peak prices ex! perienced in the third quarter but it is still 3% higher than the same period last year. Unit cost excluding dismiss improved by 25% to 1.25 US cents per ASK. The Group has unwound all the remaining fuel hedges and have unwound some interest put swaps relating to the aircraft term loans. We believe this is a prudent approach as it shields the Group from the burden of mark to market swings, frees up fair play and...If you want to get a full essay, order it on our website: BestEssayCheap.com

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