Thai Airasia Sustainability Report 2018 THAI AIRASIA SUSTAINABILITY TAKES OFF

Total Page:16

File Type:pdf, Size:1020Kb

Thai Airasia Sustainability Report 2018 THAI AIRASIA SUSTAINABILITY TAKES OFF Thai AirAsia Sustainability Report 2018 THAI AIRASIA SUSTAINABILITY TAKES OFF Welcome aboard Thai AirAsia’s “Flight of Sustainability”, one that is taking place amidst high competition within the aviation industry and rapid social, economic and environmental changes. The only way to “Fly Sustainably” is to stay alert and to manage our risk factors properly while continuously looking for growth prospects and ways to transform challenges into opportunities. It is crucial that we have a strong management system and an efficient staff force with a clear understanding of how their work impacts the sustainability of the entire company. Thai AirAsia wishes to go beyond providing quality service and safety to our guests and benefits to its stakeholders, but to play a role in social and environmental responsibility, to drive forth the concept of sustainability for the betterment of all communities and to make the Sustainability Report world a better place where no one is left behind. 117 Supervision of Sustain- ability by Thai AirAsia Asia Aviation Public Company Limited’s 4. Report progress in sustainable to one another before compiling central majority stake in Thai AirAsia Company development efforts to the Board of reports for the Thai AirAsia’s Board of Limited (“Thai AirAsia”) has made the airline Executives. Assess and approve reports Executives twice a year. The reports are its main business and entrusted it to supervise on sustainable development for the Board to affirm that the commission’s plans are on sustainability matters. Thai AirAsia has of Executives’ reference and scrutiny. proceeding as intended. established a commission comprising members of its Board of Executives, including The Sustainability Supervision Commission Mr. Vichate Tantiwanich, Board Chairman; meets once a quarter to report progress Mr. Tassapon Bijleveld, Board Member/ Executive Chairman; Mr. Santisuk Klongchaiya, Board Member/Chief IDENTIFICATION OF THAI AIRASIA SUSTAINABILITY MATERIALITY 2018 Executive Officer and Mr. Preechaya Rasametanin, Executive Vice President. Thai AirAsia’s approach to identifying the components of sustainability was to list Miss Topaz Subunruk, Head of Sustainability factors important to its operations and to its key stakeholders and then compare and Communications holds the role of those factors to global standards of sustainability along with issues integral to world Secretariat to the commission. A variety class carriers, which are pertinent to its business in 2018 and to current and future of working committees on sustainability appraisals of direct risks to the company. matters were also established for the directors of each department and tasked The factors were identified and directed by the company’s Board of Directors, with enacting sustainability policies in line Executives, as well as opinions from staff and all stakeholders to ensure the most with company’s strategies and operations, appropriate targets and plans were drafted for sustainability. The appraisal was then Sustainability Report setting targets and measuring outcomes. reconducted to ensure accuracy and supporting capability in growing a sustainable 118 business. Details of the Sustainability Supervision Commission’s areas of authority are as Evaluation of the factors resulted in this list of 8 key issues: follows: 1. Appraise and determine targets, guidelines and budgets for sustainable development with consideration to stakeholders. This also involves considering activities related to sustainability for a proposal to the company’s Board of Executives. 2. Determine issues of materiality to the company’s business in consideration to both stakeholders’ interests and sustainable development. 3. Monitor and assess efforts under sustainable development policies and strategies. Advise and support sustainability efforts towards fruition of the designated plans. SAFETY & HEALTH “Safety” is of utmost importance in the aviation industry and is our top priority. In the aviation business, fallibility might lead to severe impact to lives and belongings of guests and staff, as well as to business reputation and reliability. Thai AirAsia monitors and controls the safety of our operations through a Safety Management System (SMS) designed specifically according to the airline’s requirements to ensure our guests have the utmost confidence in us. We are determined to develop, implement, maintain and adapt our strategies and processes in the interest of safety and in adherence to national and international standards, promising safety to our guests alongside low fares and comfort. Safety Management Parameters of the Safety Management System (SMS) System: SMS Comprising of four main pillars: All of the airline’s safety procedures are in accordance with guidance provided by the Safety Management System (SMS), which Sustainability Report accounts for the dangers and risks outlined 119 by the International Civil Aviation Organi- zation (ICAO) in March 2018. The SMS is further strengthened by Ideagen Coruson, a digital Safety and Quality Management System which captures all safety hazards and risks on one platform, enabling seemless integration with investigation and risk management processes. Safety Policies and Safety Assurance Objectives A system was created to control risks and ensure continual prevention against new risks. • Operate under the highest safety The system consists of: standards at all times, complying 1. Safety monitoring and assessment: Safety performance monitoring, measurement- with both local and international monitoring and evaluation of safety measures through reports, inspections, analysis, regulations and standards surveys and etc. • Create safe environments, 2. Management of change: Evaluation of risks emerging from change and setting measures workplaces and procedures to control such risks. • Support and acquire resources 3. Continual improvement develop the system to be up-to-date with current regulations and necessary for safety management technological developments. • Constantly self-develop, acquiring necessary skills and disciplines Safety Promotion • Create an internal culture of safety beginning with personal Thai AirAsia understands that safety must be embedded into its organisational culture and behaviours and a safety-aware is resolute in instilling safety practices across the whole workforce so that everyone remains mindset vigilant. This is carried out through the following activities: 1. Training and Education: In accordance with the law, all staff must have the knowledge and expertise necessary to fulfil the safety requirements of their duties. 2. Safety Communication: Activities are organised to communicate and disseminate safe- ty know-how and to build understanding and awareness. Safety Risk Management Safety-Advocacy Activities Sustainability Report In 2018, Thai AirAsia carried out and supported various safety-advocacy activities, 120 Two steps are observed to manage and including: handle safety risks: • Staff Training: Safety courses are part of staff’s individual training needs and the training 1. Hazard Identification: The seeking and topics are such as Occupational Health and Safety (OHS), Safety Management System identification of procedures, causes and & Emergency Response Plan (SMS & ERP), Human Factors course for ramp and elements that may lead to an accident, ground crew, and Basic Firefighting skills. as well as the collection, analysis and • Safety Training for Pilots and Crew: In accordance with regulations set by the Civil systematic dissemination of such information. Aviation Authority of Thailand (CAAT), Thai AirAsia pilots and cabin crew underwent 2. Safety Risk Assessment and Mitigation Safety Emergency Procedures (SEP) training, including Evacuation Drill, Door Drill, : The carrying out of Safety Risk Assessments Water/Ditching Drill and Slide Drill. with elements deemed beyond the acceptable risk to be analysed for protection Moreover, training in accordance with regulations set by the International Civil Aviation and mitigation measures. Organization (ICAO) were also carried out, including: • Safety Always: An activity for instilling a culture of safety throughout the organisation comprising daily observations, reports to relevant agencies and rewards for teams that scored 100% each quarter. • Hazard Reporter: Focuses on having staff report dangers or unsafe environments and taking steps to remedy dangers in a proactive way. • Emergency Procedure Training: Done in cooperation with domestic and international airports, this training prepares staff for handling emergency situations. • Special Assistance Team: Preparation for staff to assist passengers and their next-of-kin in times of emergency. • Safety Statistics: To decipher the success of safety measures, the airline mainly utilises the “AirAsia Safety Performance Monitoring Process” and its Safety Performance Indicators (SPI). An Occupational Health and Safety Committee (OHSC) tracks information and improvements to safety, answering to the Safety Review Board. Statistics on health and safety are submitted to relevant agencies and suggested actions are taken and reviewed by the committee once a month. If the SPI indicates a significant risk of danger, the OHSC will be convened for review immediately. Thai AirAsia Safety Performance Monitoring Process Sustainability Report 121 Airline Safety and Security Systems Thai AirAsia utilises three efficiently coordinated safety and security systems together aimed at minimising injury and damage in the workplace
Recommended publications
  • My Personal Callsign List This List Was Not Designed for Publication However Due to Several Requests I Have Decided to Make It Downloadable
    - www.egxwinfogroup.co.uk - The EGXWinfo Group of Twitter Accounts - @EGXWinfoGroup on Twitter - My Personal Callsign List This list was not designed for publication however due to several requests I have decided to make it downloadable. It is a mixture of listed callsigns and logged callsigns so some have numbers after the callsign as they were heard. Use CTL+F in Adobe Reader to search for your callsign Callsign ICAO/PRI IATA Unit Type Based Country Type ABG AAB W9 Abelag Aviation Belgium Civil ARMYAIR AAC Army Air Corps United Kingdom Civil AgustaWestland Lynx AH.9A/AW159 Wildcat ARMYAIR 200# AAC 2Regt | AAC AH.1 AAC Middle Wallop United Kingdom Military ARMYAIR 300# AAC 3Regt | AAC AgustaWestland AH-64 Apache AH.1 RAF Wattisham United Kingdom Military ARMYAIR 400# AAC 4Regt | AAC AgustaWestland AH-64 Apache AH.1 RAF Wattisham United Kingdom Military ARMYAIR 500# AAC 5Regt AAC/RAF Britten-Norman Islander/Defender JHCFS Aldergrove United Kingdom Military ARMYAIR 600# AAC 657Sqn | JSFAW | AAC Various RAF Odiham United Kingdom Military Ambassador AAD Mann Air Ltd United Kingdom Civil AIGLE AZUR AAF ZI Aigle Azur France Civil ATLANTIC AAG KI Air Atlantique United Kingdom Civil ATLANTIC AAG Atlantic Flight Training United Kingdom Civil ALOHA AAH KH Aloha Air Cargo United States Civil BOREALIS AAI Air Aurora United States Civil ALFA SUDAN AAJ Alfa Airlines Sudan Civil ALASKA ISLAND AAK Alaska Island Air United States Civil AMERICAN AAL AA American Airlines United States Civil AM CORP AAM Aviation Management Corporation United States Civil
    [Show full text]
  • Suvarnabhumi Airport, (New) Bangkok International Airport Bangkok, Thailand Overview
    Xi Jing Fang Jing Meng Natasha Soriano Kendra Hanagami Suvarnabhumi Airport, (New) Bangkok International Airport Bangkok, Thailand Overview Magnitudes and Financing Social and Economic Benefits Technical Issues and Innovations Policy Challenges and Social Problems Location Samut Prakan Province, Thailand 25 km to the east of downtown Bangkok Magnitudes 1973 ––LandLand purchased in 2002 ––constructionconstruction began September 28, 2006 open Cost: $3.8 billion Approximately 232 hectacres Airport Features 2 parallel runways 51 air bridges 120 parking bays Capacity per year of 76 flights per hour 45 million passengers 3 million tones of cargo 5,000 car parking lot Tallest control Tower (132.2m) Further Expansion Two additional runways It will cater to over 100 million passengers per year Financing and Management 40%: Airports of Thailand PLC.(AOT) 58.4%: Japan Bank of International Cooperation (JBIC) 1.6%: of other financial institution Breakdown of budget: Type Percent Engineering Cost 63.58 Management Cost 2.35 Financing Cost 2.83 Other Cost 31.24 Ground Transportation 1.1. Suvarnabhumi Airport Express (under construction) 2.2. Train ($1.27) 3.3. Express bus ($4.25) 4.4. City bus ($1) 5.5. Public taxi ($6($6--$12)$12) 3030--4040 min Uses Built to replace the old airport of Don Muang The airport is the main hub for Thai Airways International Bangkok Airways Orient Thai Airlines PBair Thai AirAsia focus city for China Airlines, Cathay Pacific, Emirates Airline, EVA Air, Indian Airlines, and SriLankan Airlines. Economic Benefits Southeast Asia's regional cargo hub, able to move 6 million tons of freight per year.
    [Show full text]
  • Preliminary Operating Statistics for the 1​St ​ Quarter 2020
    Preliminary Operating Statistics For the 1​st ​ Quarter 2020 AirAsia Group Berhad (“AirAsia” or “the Group”) is pleased to announce the operating statistics for the First Quarter of the Financial Year 2020 (“1Q2020”). Despite the weak travel demand amid increasing and unprecedented travel restrictions due to the COVID-19 pandemic, AirAsia reported a healthy group-wide load factor of 80%, which was better than its expected 77%. This was achieved through proactive capacity management, particularly in the months of February and March, with the cuts most notable in AirAsia Malaysia and AirAsia Thailand. The Group Consolidated AO​Cs1 reported a steady load factor of 78%. The number of passengers carried was down 21% year-on-year (“YoY”) to 9.9 million as capacity was reduced by 11%. In 1Q2020, AirAsia Malaysia reduced its capacity by 17% YoY, as business was heavily interrupted in light of the increase in COVID-19 cases in many markets and the imposed Movement Control Order in Malaysia that began on 18 March 2020. AirAsia Malaysia carried 27% less passengers YoY, with a reasonably strong load factor of 77%. AirAsia Indonesia posted a 10% YoY increase in capacity for the quarter even though its available seat kilometres (“ASK”) retracted by 4%, as the company re-deployed excess capacity from international to domestic sectors. Passengers carried decreased by 7% as travel demand in the region started to weaken, while load factor was moderate at 74%. During the quarter, AirAsia Indonesia began flying Jakarta-Medan. AirAsia Philippines flew 1.8 million passengers during the quarter, down 9% in comparison to the same quarter last year.
    [Show full text]
  • Airasia Flight Fare Offer
    Airasia Flight Fare Offer apprizeStormless his Travis rove so never periodically! veils so damaginglyBedewed and or kingdomlesstitivating any Frankassassinator scintillates remorsefully. his tubing Retaliatory dowers fissuring Algernon forehanded. impregnate some arvos and Hand on is rarely measured and even staff often weighed It does happen that some airlines are very strict before the majority of airlines only weigh checked luggage. Each focus is allowed one bounds of cabin baggage AND 1 laptop is OR 1 handbag on-board seven main cabin baggage shall no exceed 56cm x 36cm x 23cm and does fire weigh more than 7kg This baggage should health be able or fit inside the hush in pursue of bullet or no overhead compartment. AirAsia India Wikipedia. Meals are not included in an AirAsia Low average ticket however odd a lounge of loose Pack Premium Flex and Premium Flatbed fares The culinary offering. The unlimited flight offer must represent another increase or repackaging of a normal promotion that offers heavily discounted fares free travel in one. 5 Easy Ways To Avoid Paying Excess Baggage Charges At The. Cheap Flight Tickets Sale book Domestic & International IndiGo. AirAsia India has offered to tax base cell for equity one-way flight whether for 50000 frontline doctors under its RedPass initiative across its. Offer Details Makemytrip is Great Indian Getaway Where livestock Are starting Makemytrip Air Asia Sale could You order Book Your Flight here At. Star Alliance and Living Map Partnership Offers Touchless Digital Airport Connections. Hand the Air India. After GoAir AirAsia has announced big monsoon discount on its domestic flights on selected routes The low rate airline has come up bin a.
    [Show full text]
  • Asia Aviation Public Company Limited Wednesday, April 24, 2019, At
    Document for the 2019 Annual General Meeting of Shareholders Asia Aviation Public Company Limited Wednesday, April 24, 2019, at 14.00 hours (Registration Time 11.00 hours) Don Muang Ballroom, Lobby level, Amari Don Muang Airport Bangkok, 333 Chertwudthakas Road, Bangkok, 10210 For your convenience in the registration, please present the barcoded registration form at the Meeting reception (Translation) AAV07/2019 April 2, 2019 Subject: Invitation to the 2019 Annual General Meeting of Shareholders To: All Shareholders of Asia Aviation Public Company Limited Attachment: 1. Copy of Minutes of the 2018 Annual General Meeting of Shareholders held on April 24, 2018 2. Annual Report and Balance Sheet (Statements of Financial Position) and Statements of Income for the year 2018, which can be accessed via the QR Code 3. Profiles of the retiring director proposed for re-appointment 4. Information on proposed Amendment to Article 24 and Article 31 of the Company’s Articles Association 5. Documents required to identify shareholders or their proxies who are eligible to attend the Meeting and vote 6. Articles of Association of the Company in relation to the Shareholders’ Meeting 7. Procedures for attending the Annual General Meeting of Shareholders 8. Qualifications and Profiles of Independent Director for Appointment of Proxy 9. Proxy Form B (which particulars of delegations are clearly determined) For Proxy Form A (General) and Proxy Form C (for foreign investors in which custodians in Thailand have been appointed), shareholders can download the forms
    [Show full text]
  • Asia-Pacific Low-Cost Carriers Ranked by Fleet Size As of Dec
    Asia-Pacific Low-cost Carriers Ranked by Fleet Size as of Dec. 31, 2013 No. of Rank Carrier Country LCC Group Aircraft 1 JT Lion Air Indonesia Lion 94^^ 2 AK AirAsia Malaysia AirAsia 74 3 JQ Jetstar Airways Australia Jetstar 74 4 6E IndiGo India (independent) 73 5 SG SpiceJet India (independent) 56 6 5J Cebu Pacific Air Philippines (independent) 48 7 9C Spring Airlines China Spring* 39 8 FD Thai AirAsia Thailand AirAsia 35 9 BC Skymark Airlines Japan (independent) 33 10 QZ Indonesia AirAsia Indonesia AirAsia 30 11 IW Wings Air Indonesia Lion 27 12 TR Tigerair Singapore Tigerair 25 13 QG Citilink Indonesia (Garuda) 24 14 OX Orient Thai Airlines Thailand (independent) 22 15 DD Nok Air Thailand Nok* 21** 16 IX Air India Express India (Air India) 21 17 3K Jetstar Asia Vietnam Jetstar 19^ 18 D7 AirAsia X Malaysia AirAsia X* 18 19 GK Jetstar Japan Japan Jetstar 18 20 G8 GoAir India (independent) 17 21 8L Lucky Air China (Hainan Airlines) 17 22 7C Jeju Air South Korea (independent) 13 23 Z2 Zest Air Philippines AirAsia 13 24 S2 JetLite India (Jet Airways Airlines) 13 25 PN West Air China (Hainan Airlines) 13 26 HD Air Do Japan (independent) 13 27 TT Tigerair Australia Australia Tigerair 12 28 LQ Solaseed Japan (independent) 12 29 MM Peach Japan (All Nippon Airways) 11 30 BX Air Busan South Korea (Asiana Airlines) 11 31 7G Star Flyer Japan (independent) 11 32 VJ VietJet Air Vietnam VietJet* 10 33 OD Malindo Air Malaysia Lion 10 34 LJ Jin Air South Korea (Korean Air) 10 35 RI Tigerair Mandala Indonesia Tigerair 9 36 ZE Eastar Jet South Korea (independent)
    [Show full text]
  • Enclosure 3 Page 1 of 9 Biographies and Relevant Information of Directors
    Enclosure 3 Biographies and relevant information of directors who are retired by rotation And nominated to be re-elected as directors for another term Name - Surname Mr. Vichate Tantiwanich Nationality Thai Age 59 (Birthday: 13 June 1961) Present Position Independent Director, Chairman of the Audit Committee, Member of the Remuneration and Compensation Committee and Member of the Corporate Governance Committee Shareholding of the Company - None - (As of 30 December 2020) Family relation with other - None - executive Education MBA, Finance & Marketing, University of Hartford Connecticut, USA Bachelor Degree of Economics, Chulalongkorn University IOD Training and other training Capital Market Academy Class 1 Leadership for change class 1 TEPCOT Class 3 National Defense Academy Class 56 Institute of Directors (Fellow Member) Class 2 Experience Current position JWD InfoLogistics PCL. 25 February 2014 – Present Independent Director and Chairman of the Audit Committee 21 February 2019 – Present Member of the Remuneration and Compensation Committee and Member of the Corporate Governance Committee Other Companies 2020 – Present Advisor to Directors, Buriram Sugar Public Company Limited 2018 – Present Chairman of the Board and Chairman of the Audit Committee, GMO-Z.com Cryptonomics (Thailand) Company Limited 2018 – Present Chairman of the Board, Chairman of the Audit Committee and Nomination and Remuneration Committee, Asia Aviation Public Company Limited Page 1 of 9 Enclosure 3 Biographies and relevant information of directors who are retired
    [Show full text]
  • Air Connectivity in Archipelagic Southeast Asia: an Overview
    Air Connectivity in Archipelagic Southeast Asia: An Overview The archipelagic region of Southeast Asia consists of 24,000 islands, spread across 5,200 kilometers (kms) from east to west and 3,400 kms from north to south, with a population of about 350 million. Many of the islands are poor, remote from main centers of economic activity, and not well connected. Improving air connectivity can be instrumental in reducing development gaps. The paper examines the importance of improving air connectivity, and the state of the airline industry and the related infrastructure in the region. Special attention is paid to regional policies relating to air transport, and the paper concludes with policy Southeast Asia recommendations. Working Paper Series About the Asian Development Bank ADB’s vision is an Asia and Pacic region free of poverty. Its mission is to help its developing member countries substantially reduce poverty and improve the quality of life of their people. Despite the region’s many successes, it remains home to two-thirds of the world’s poor: 1.8 billion people who live on less than $2 a day, with 903 million struggling on less than $1.25 a day. ADB is committed to reducing poverty through inclusive economic growth, environmentally sustainable growth, and regional integration. Based in Manila, ADB is owned by 67 members, including 48 from the region. Its main instruments for helping its developing member countries are policy dialogue, loans, equity investments, guarantees, grants, and technical assistance. Air Connectivity in Archipelagic Southeast Asia: An Overview Keith Trace, Barend Frielink, and Denis Hew No.
    [Show full text]
  • JOINT VENTURE AGREEMENT of THAI AIRASIA X CO., LTD., an ASSOCIATED COMPANY of AIRASIA X (“TAAX” Or “JV COMPANY”)
    SUBJECT: AIRASIA X BERHAD (“AIRASIA X” OR “THE COMPANY”) - JOINT VENTURE AGREEMENT OF THAI AIRASIA X CO., LTD., AN ASSOCIATED COMPANY OF AIRASIA X (“TAAX” or “JV COMPANY”) Contents: 1. INTRODUCTION The Board of Directors of AirAsia X (“the Board”) wishes to announce that the Company had on 18th September 2013 entered into a Joint Venture Agreement (“JVA” or “Transaction”) with Mr. Tassapon Bijleveld (“TB”) and Mr. Julpas Kruesopon (“JK”), the shareholders of TAAX (collectively referred to as “the Parties”) to govern the relationship between the Parties. 2. DETAILS OF THE TAAX TAAX was incorporated on 12 March 2013 as a shelf company with registered capital of THB15. On 19 June 2013, TAAX increased its issued and paid-up share capital to THB400 million with AirAsia X holding forty nine per centum (49%), TB holding forty one per centum (41%) and JK holding ten per centum (10%). TAAX submitted its application with the Department of Civil Aviation of Thailand (“Thai DCA”) for Air Operator’s License (“AOL”) on 20 June 2013. It is expected that the approval for the AOL will be granted by the end of September 2013. Following this, TAAX will proceed with its submission for the Air Operator’s Certificate (“AOC”). Bangkok has a larger tourism and travel market (relative to Kuala Lumpur) with no current long haul low-cost carrier operator based there. Thai AirAsia Co., Ltd (“TAA”) has established a market leadership position and operates robust, profitable and growing short haul networks, that will provide feeder traffic to TAAX thus consolidating AirAsia X’s dominance in the North Asian (China, Japan, Korea) and Australian markets, by offering greater connectivity options to its customers from hubs in Kuala Lumpur and Bangkok.
    [Show full text]
  • Profiles of the Retiring Director Proposed for Re-Appointment Mr
    Attachment 3 Profiles of the Retiring Director Proposed for Re-Appointment Mr. Vichate Tantiwanich Type of Director proposed for election: Independent Director Present Position: Chairman/ Chairman of the Audit Committee/ Independent Director/ Nomination and Remuneration Committee The date of appointment as Director: February 22, 2018 Age (years): 59 Number of Shares and Percentage of Asia Aviation Plc. (%)(1): - None - Relationship with other Management(2): - None - Education/ Training: MBA (Finance and Marketing), University of Hartford, Connecticut, U.S.A. B.A. in Economics (Monetary Economics and Public Finance), Chulalongkorn University Diploma, The National Defence Course (Class 56/2013), Thailand National Defence College Capital Market Academy Leadership Program (CMA 1/2005), Capital Market Academy, The Stock Exchange of Thailand (SET) Director Certification Program (DCP 2/2000), Thai Institute of Directors Association (IOD) Executive Education and Enrichment Institute In partnership with SAID Business School, Oxford University Working Experience and Directorship / Executive in other Company: Director/ Audit Committee/ 2011 - present Chairman of Nomination and Asia Aviation Plc. Remuneration Position in Director/ Audit Committee/ Company and Chairman of Nomination and Subsidiary 2011 - present Remuneration/ Chairman of Thai AirAsia Co., Ltd. Corporate Governance and Sustainability Committee 2020 - present Advisor to Director Buriram Sugar Plc. Chairman/ 2017 - present Thai Enger Holding Plc. Chairman of the Audit Committee
    [Show full text]
  • Preliminary Operating Statistics for the 4​Th ​ Quarter 2019
    Preliminary Operating Statistics th​ For the 4​ Quarter 2019 AirAsia Group Berhad is pleased to announce the operating statistics for the fourth quarter of the financial year 2019 (“4Q2019”) and the full financial year ended 31 December 2019. AirAsia Group Berhad Consolidated AO​Cs1 continues to report growth in 4Q2019, with the total number of passengers carried up 9% year-on-year (“YoY”). Capacity expanded by 11% YoY, driven by large increases in Indonesia and Philippines, however load factor dipped slightly by 2 percentage points (“ppts”) to 82% in 4Q2019 due to the higher capacity. In 4Q2019, AirAsia Malaysia added 4% more capacity and carried 2% more passengers YoY, with a softer load factor of 82% due to change in pricing strategy. AirAsia Malaysia launched two new international routes, including a new unique route to Da-Lat in Vietnam from Kuala Lumpur. AirAsia Malaysia also began running commercial flights with its newly delivered Airbus A321neo in November 2019. For the full year 2019, AirAsia Malaysia carried 8% more passengers, faster than industry growth, reflecting continuing market share gain. AirAsia Indonesia’s capacity increase was significant at 32% higher than in 4Q2018. The number of passengers carried grew 30% compared to the previous corresponding quarter, recording marginally lower load factor of 81% owing to the higher capacity. During the period, AirAsia Indonesia launched six new routes, which are Jakarta-Belitung, Jakarta-Sorong, Kuala Lumpur-Belitung, Kuala Lumpur-Pontianak, Jakarta-Johor Bahru and Surabaya-Lombok. AirAsia Philippines also posted a robust capacity growth during the quarter, up 27% YoY following the introduction of a new route, Manila-Bacolod in addition to frequency increases across popular domestic and international routes such as Cagayan de Oro-Manila, Manila-Caticlan and Bangkok-Manila.
    [Show full text]
  • 2Q2019 RESULTS BRIEFING 13 August 2019 DISCLAIMER
    2Q2019 RESULTS BRIEFING 13 August 2019 DISCLAIMER The presentation is dated the day it is given. The delivery of this presentation shall not, under any circumstances, create any implication that there has been no change in the affairs of the Company since such date. The third party information and statistical data in this presentation have been obtained from sources the Company believes to be reliable but in no way are warranted by the Company as to accuracy or completeness. This presentation may not contain all material information concerning the Company and the information set forth in this material is subject to change without notice. These materials included herein that are not historical facts are forward-looking statements. Such forward looking statements involve a number of risks and uncertainties and are subject to change at any time. In the event such risks or uncertainties materialize, AAV’s results could be materially affected. The risks and uncertainties include, but are not limited to, risks associated with the inherent uncertainty of airline travel, seasonality issues, volatile jet fuel prices, world terrorism, perceived safe destination for travel, Government regulation changes and approval, including but not limited to the expected landing rights into new destinations. This presentation is strictly not to be distributed without the explicit consent of Company’s management under any circumstances. 1 Others THAILAND MARKET US 4% 4% E.Asia 68% S.Asia 6% EXPECTED OVER 40 MILLION VISITORS IN 2019 OR 5% YOY 1H19 International Tourists Achieved 19.8 million or Up 1% YoY EU 18% 20 1 million LCC penetration 36% 36% OVERALL Europe 2H19 visitors expected to grow 7% to 20 mil 31% 30% 55% 52% 52% 51% 49% CHINA 48% Edged down 5% YoY and 29% contribution North America ASEAN South Asia Thailand SE Asia Grew 5% YoY and 26% contribution EUROPE Edged down 2% YoY and 18% contribution SOUTH ASIA 2018 2019 Grew 20% YoY and 6% contribution 1 source: CAPA 2 KEY HIGHLIGHTS 2Q2019 ► AirAsia bagged "World's Best Low Cost Airline" for the 11th Consecutive Year.
    [Show full text]