KUALA LUMPUR, Dec 5 (Bernama) -- Bursa Malaysia closed lower on Friday amid mixed regional market performance as investors turned cautious over a possible rate hike by the Bank of Japan (BOJ) and upcoming US economic data that may influence the Federal Reserve’s (Fed) interest rate decision next week. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) pared most earlier losses to settle 4.55 points easier, or 0.28 per cent, to 1,616.52 from Thursday’s close of 1,621.07. The benchmark index, which opened 0.37 of-a-point lower at 1,620.70, moved between 1,609.67 and 1,621.25 throughout the day. The broader market was negative, with decliners outpacing advancers 604 to 439. A total of 550 counters were unchanged, 1,151 untraded, and 18 suspended. Turnover declined to 3.17 billion units worth RM2.24 billion from 4.48 billion units worth RM2.75 billion yesterday. Rakuten Trade Sdn Bhd vice-presiden...
AirAsia X Bhd recorded a 41% surge in passenger numbers in 2024, carrying over 4 million travelers, while seat capacity grew 35% year-on-year (y-o-y) to 4.8 million. The airline’s passenger load factor (PLF) improved to 83%, reflecting strong demand for travel.
📈 Strong Growth in Passenger Traffic & Capacity
🔹 Total passengers in 2024: 4 million (+41% y-o-y)
🔹 Total flights: 13,262 (+35% y-o-y)
🔹 Available seat per kilometre (ASK) capacity: 20.37 billion (+31% y-o-y)
📌 4Q2024 Performance:
- Passengers carried: 1.1 million (+20% y-o-y)
- Seat capacity: 1.3 million seats (+20% y-o-y)
- PLF: 82% (unchanged y-o-y)
- ASK capacity: 5.79 billion (+21% y-o-y)
- Revenue seat per kilometre (RPK): 4.71 billion (+23% y-o-y)
💬 AirAsia X: "Demand for travel remains robust, supporting continuous growth in our network expansion."
✈️ Expansion into Africa & Key Growth Markets
📌 New Routes Launched in 4Q2024:
- Chongqing, China
- Nairobi, Kenya (AirAsia X’s first route into Africa!)
📌 Increased Flight Frequencies in key markets:
- Australia
- Japan
- South Korea
🇹🇭 AirAsia X Thailand (TAAX) Sees Growth
📌 Passengers in 4Q2024: 463,463 (+20% y-o-y)
📌 PLF: 78%
📌 Operational Shift: TAAX moved its hub from Suvarnabhumi Airport to Don Mueang International Airport in October 2024, impacting short-term performance but expected to return to normal levels next quarter.
💬 AirAsia X: "Relocation offers long-term operational benefits, despite some short-term adjustments for passengers."
🔍 What’s Next for AirAsia X?
✔️ Fleet expansion to meet rising demand
✔️ Further international network expansion beyond Africa
✔️ Continued market recovery post-pandemic
📌 With strong passenger growth and international expansion, AirAsia X is set for a promising 2025.
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