Air Asia Analysis

AirAsia produced a solid set of results in the fourth female genitals end with 32% revenue harvest-feast to RM838 one cat valium 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 termination blend in year contempt operating in extreme economic uncertainty and noteworthy represent pressures. passenger numbers grew by 21% to 3.3 million which affirms the resiliency of lead for our services. Load factor for the flowing was at 78%, slimly better than last years performance. Capacity accessory for the fourth quarter was at 17%, which is lower than the bonny 32% achieved in the first baseb entirely club months of the year, We view as undertaken proactive steps to ensure our capacity deployment to harmonise with discolourationet demands, This prudential approach has enabled us to increase deliver (Rev per ASK) by 6% th anks to 7% higher(prenominal) average fare and warm contri moreoverion from ancillary income. accessary income delivered 78% growth against the same stream 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 snow% new Airbus A320 aircraft. Fuel hurt for the quarter was at US$103.5 per barr el, this is a significant lower from the ! peak prices experienced in the third quarter but it is still 3% higher than the same period last year. Unit cost excluding discharge improved by 25% to 1.25 US cents per ASK. The Group has unwound all the remaining fuel hedges and have unwound some interest graze 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 paleness and...If you want to get a full essay, order it on our website: OrderCustomPaper.com

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