Wednesday, April 13, 2011

AirAsia says 1Q load factor at 81% vs 74pct year ago

KUALA LUMPUR: Low-cost carrier AIRASIA BHD [] said its load factor for the first quarter of 2011 was at 81% versus 74% a year ago.

'It's been a good first quarter," its chief executive Datuk Seri Tony Fernandes told reporters on the sidelines of the Invest Malaysia conference on Wednesday, April 13.

Fernandes said AirAsia, Asia's largest low-cost carrier by fleet size, was on track to list its Thai and Indonesian units in the fourth quarter of 2011. - Reuters

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