ACW - Air Cargo Week
11/08/2011
Strong cargo result for AirAsia X
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AirAsia X, the long-haul affiliate of Malaysian low-cost carrier AirAsia, has posted good growth for the third quarter of 2011, including a revenue hike of 21.3 percent over the same quarter of 2010.
Cargo operations continue to go well, a statement said, with AirAsia X carrying 9,220 tons of freight in the three-month period, a 33.2 percent increase over the same period of last year.
The cargo load factor for the period was 69 percent, while the flown-as-booked ratio for air freight shipments achieved a 93 percent increase over the same period of last year.
Azran Osman-Rani, CEO of AirAsia X, commented: "AirAsia X has focused on achieving superior on-time performance reliability for our flights, registering an on-time rate of 89 percent of flights departing within 15 minutes of schedule."
He added: "This proves that even though we are a low-cost carrier, we do not compromise on reliability."
Currently operating nine A330s and two A340s within its fleet, AirAsia X also has on order three new A330-200s scheduled for delivery in 2012.
>> AirAsia X is to inaugurate four times a week A330-300 services between its Kuala Lumpur base and Osaka-Kansai on 30 November.
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