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MARCH 2025

Week 10

News

AirAsia group airlines increase revenue in full-year 2024

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March 3rd 2025

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Capital A said its AirAsia group of airlines booked 19 billion ringgit (US$4.3 billion) in revenue for the 12 months to December 31, a 39% improvement from a year earlier and a result of sustained travel demand and advantageous fuel prices. Read More » “After two years of post-pandemic rebuilding and returning our planes to flying, we are ready to do what we do best-fill seats and drive the bottom line,” CEO of the company’s aviation group, Bo Lingam, said. “We will be laser-focused on cost, trimming debt and optimizing routes to double down on the most profitable ones.” Capital A is in the process of divesting its airline businesses to AirAsia X. As a consequence, it has presented the financial performance of the AirAsia group of airlines separately.

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