Business

Air Asia PH soars with 21.5% growth in Q2 passenger volume

AirAsia PH boosts PH-Taiwan flights

Air Asia Philippines saw a significant rise in passenger traffic in the second quarter as lower fares encouraged more people to travel.

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.

Air Asia to train pilots for free

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.

Air Asia aims high, eyes P50B revenue by 2022

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.

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