SEPANG, 29 November 2024 – AirAsia X Berhad (“AirAsia X” or the “Company”) today reported its unaudited financial results for the Third Quarter of 2024 (“3Q24”) ended 30 September 2024.
• Revenue grows by 23% to RM795.0 million on the back of solid 84% Passenger Load Factor, and 40% boost in ancillary revenue
• Net Profit at RM121.6 million on the back of foreign exchange gains, unit cost lowest among peer airlines at US¢3.14; ex-fuel unit cost impressive at US¢1.48
• Number of passengers carried trends upward by 34%, surpassing a 27% growth in seat capacity
• TAAX posts Net Profit of RM55 million while average fare impressive at RM613
• Nearing full fleet reactivation with only one aircraft left to be reactivated as of November 2024
• Secured shareholders’ approval for the acquisition of Capital A’s aviation business in October 2024, with fundraising exercise well underway
