AIRASIA X, the long-haul, low cost affiliate carrier of the AirAsia Group, posted revenue of RM1.026 billion ($309.58 million) for first half of 2013, up nine per cent from RM941.91 million ($284.09 million) recorded the same time last year.
The growth was primarily driven by an increase in passenger volume and seat capacity, as well as higher contribution from ancillary revenue. The company had discontinued its flights to Europe and India, during the first half of last year. The number of routes dropped from 17 to 14, and AirAsia X focused its networks on core markets in North Asia and Australia, including increasing average weekly frequencies per route by 14 per cent.
AirAsia X’s CEO, Azran Osman-Rani said: “After the realignment of our network during the first half of 2012, our strategy is now more focused in our core markets, where we will increase frequencies and add new destinations to build a market leadership position.
“In July we started flights to our 15th destination; Busan, South Korea and our 16th destination, Adelaide in Australia, with flights set to commence in October this year. We hope to add more flight frequencies and new destinations in our key markets of Taiwan, China, Japan, Korea, Australia and Nepal.”