IXCCXXXIX

IXCCXXXIX | Joined since 2015-05-20

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2023-10-25 13:47 | Report Abuse

KUALA LUMPUR: There was strong buying interest in AirAsia X Bhd's (AAX) trading stock at the sound of the opening bell as investors took heart at the budget carrier's third-quarter operating statistics.

At 10.20am, the share was trading at an intra-morning high of RM1.94 with 4.11 million units exchanging hands.

AAX announced yesterday that its passenger load factor (PLF) stood at 80%, up seven percentage points year-on-year as capacity surged over nine times to 1.01 million seats in the third quarter of 2023.

The performance came on the back of a 10 times y-o-y increase in the number of passengers, as over 807,000 passengers were carried in 3Q 2023 compared to nearly 80,500 passengers in the same period last year.

"Available seats per kilometre (ASK) surged close to 12 times higher y-o-y at 4.4 billion, bolstered by the increase in seat capacity and the continued recovery of the company’s network.

"AAX’s seat capacity grew by 24% quarter-on-quarter (q-o-q) while ASK capacity rose by 26 per cent as the number of serviceable aircraft increased by three aircraft q-o-q in 3Q 2023,” it said in a statement.

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2023-10-25 08:56 | Report Abuse

AirAsia X Bhd (AAX) achieved a passenger load factor of 80% for the third quarter of 2023 (3Q2023), up 7% year-on-year (y-o-y) while seat capacity surged over nine times, hitting 1.01 million seats flown.

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2020-09-19 23:28 | Report Abuse

Load up & be ready for d' day!

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2020-08-02 18:56 | Report Abuse

Big project in Kelantan...why only look at acrylic sector...?Althought is ACE, but it's performing company.

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2020-08-02 18:53 | Report Abuse

Realistically + common sense, when POS can back on track, of course it will rise again. It's POS, how can it go chap lap....

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2020-07-16 16:17 | Report Abuse

"Please be informed that the trading on Bursa Malaysia Securities was halted at 3:30pm today caused by a technical issue. Bursa Malaysia currently diagnosing the problem. We apologise for the inconvenience caused." https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3069042

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2020-05-15 10:39 | Report Abuse

Any counters for vaccine?