KUALA LUMPUR, Aug 26 — Capital A Bhd, parent of Malaysian budget airline AirAsia, today reported a narrower second-quarter operating loss, as travel demand in South-east 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.
Well, they are still making money by cancelling flights and then uncancel the flight but selling the fares higher. That's how Tony and gang making money