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KUALA LUMPUR: AirAsia Group Bhd is navigating its recovery phase exceptionally well as key operational metrics improved in December 2020 in comparison to September 2020.

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59.2% International Passenger Markets Asia-Pacific airlines’ full-year traffic plunged 80.3% in 2020 compared to 2019, which was the deepest decline for any region. It fell 94.7% in the month of December amid stricter lockdowns, little changed from a 95% decline in November. Full year capacity was down 74.1% compared to 2019. Load factor fell 19.5 percentage points to 61.4%. European carriers saw a 73.7% traffic decline in 2020 versus 2019. Capacity fell 66.3% and load factor decreased 18.8 percentage points to 66.8%. For the month of December, traffic slid 82.3% compared to December 2019, ...

2020 Worst Year in History for Air Travel Demand Translations:  Geneva - The International Air Transport Association (IATA) announced full-year global passenger traffic results for 2020 showing that demand (revenue passenger kilometers or RPKs) fell by 65.9% compared to the full year of 2019, by far the sharpest traffic decline in aviation history. Furthermore, forward bookings have been falling sharply since late December. International passenger demand in 2020 was 75.6% below 2019 levels. Capacity, (measured in available seat kilometers or ASKs) declined 68.1% and load factor fell 19.2 per...

CASK: USD 6.04 cents, -11.1%; CASK excludes fuel: USD 4.95 cents, +2.9%; Cargo: 24,662 tons, -3.2%; Cargo yield: USD 58.98 cents, +16.6%; Number of flights: 13,627, -28.5%. [more - original PR] Want More News Like This? CAPA Membership provides access to all news and analysis on the site, along with access to many areas of our comprehensive databases and toolsets.Find Out More