Capital A Bhd, parent of Malaysian budget airline AirAsia, on Friday reported a narrower second-quarter operating loss, as travel demand in Southeast Asia began to rebound after pandemic-related rules eased.
Capital A said it was taking all measures possible to return its grounded fleet back into service, with an estimate to have 160 operational aircraft by the end of 2022, and full operations by second quarter of 2023. The company last month reported its airline load factor, a measure of the percentage of seats filled, rose to 84 per cent in the second quarter, akin to pre-pandemic levels.
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