Air Asia Philippines saw a significant rise in passenger traffic in the second quarter as lower fares encouraged more people to travel.
In a statement, Air Asia said it transported a total of 2.2 million passengers from April to June, higher than the 1.81 million passengers flown in the same period a year ago.
The budget carrier’s load factor — the percentage of seats filled during a flight — was 91 percent in the second quarter, up from 87 percent a year earlier.
Air Asia operates several flights to and from Manila, Davao, Cebu, Kalibo, Caticlan (Boracay), Tacloban, Tagbilaran (Bohol), Puerto Princesa (Palawan), Clark and Iloilo in the Philippines.
It operates international flights to and from Shanghai, Taipei, Incheon (Seoul), Hong Kong, Macau, Kuala Lumpur, Kota Kinabalu, Guangzhou, Vietnam, Shenzhen, Kaohshing, Bali, Shenzhen, Indonesia, Singapore and Japan.
Air Asia Philippines’ largest shareholder, Rep. Michael Romero, with a 45% equity stake, hopes to steer the airline to greater heights with revenues seen to hit P50 billion in three years.