News
Capital A targets 205 aircraft in service by mid-year
May 1st 2023
AirAsia airlines in Indonesia, Malaysia, the Philippines and Thailand are planning to operate 205 aircraft across their networks by the third quarter of 2023, up from 157 aircraft - 142 flying and 15 spares - this past March, Capital A executive chair, Kamarudin bin Meranun, and CEO, Tony Fernandes, said in the company's annual report. Read More » Capital A also is negotiating leases for 15 more aircraft in addition to the 362 A321neo the carriers will start accepting into their fleets from 2024. “After more than two years of travel restrictions, we are experiencing huge pent-up demand. We are confident it will continue throughout the year,” Kamarudin and Fernandes said. “Together with a general capacity shortage in the market, we expect to enjoy very healthy load factors and increasingly higher and more rational fares. All else being equal, this should lead to Capital A building on our fourth quarter performance in 2022 to end 2023 in a much better position.” The annual report said Capital A hoped to launch the inaugural flight of its latest LCC, AirAsia Cambodia, in the final three months of calendar 2023.
