AirAsia Group forecasts 2Q2018 load factors, outlines business plans

    AirAsia Group forecast (24-May-2018) the following load factors for 2Q2018, based on forward bookings:

    • Group: 87%;
    • Thai AirAsia: 84%. Thai AirAsia will focus on leveraging on the existing strength of AirAsia network and strengthening its marketing activities on China and India routes in the remaining quarters of 2018;
    • AirAsia India: 86%. AirAsia India will remain focused on building a footprint in the Indian domestic market with the introduction of new routes and frequency increases;
    • AirAsia Japan: 76%. AirAsia Japan will focus on “building footprint in the domestic market and connecting to the group’s existing network within the region”. AirAsia said the growth of its Japanese operations “will depend on the speed of regulatory approval”. [more – original PR]