AirAsia ‘s second-quarter net profit rose 43 percent from a year earlier as recovering economies in the region boosted passenger traffic and load factors.
The airline said the second quarter result was a record for the airline.
Ancillary revenue grew significantly. “The numbers reaffirm our conviction that in ancillary we have unearthed a gushing revenue stream that can boost our bottom line and also serve as a buffer to rising fuel prices,†said AirAsia Group CEO, Tony Fernandes.
The Kuala Lumpur-based low-cost carrier said in a statement that net profit for the April-to-June quarter rose to US$63 million.
“Based on the current forward booking trend, the underlying passenger demand in the third and fourth quarters for the Malaysian, Thai and Indonesian operations remains positive,” Fernandes added.
AirAsia said it carried 3.89 million passengers in the second quarter, up 11 percent from a year earlier.
Passenger load factor rose to 77 percent from 75 percent a year earlier.
