AirAsia X Financial Report Q1-2025

AirAsia X Berhad announced its financial results for the first quarter ending 31st March with significant developments.

• Revenue: RM940.1 million, up 3% year-on-year from RM908.9 million in 2024.
• Capacity Growth: Increased by 12% to 1.29 million seats.
• Passenger Traffic: Increased by 12% YoY, carrying 1.08 million passengers and achieving a load factor of 83%.
• Ancillary Revenue: Per passenger rose by 10% YoY to RM277, with total ancillary revenue at RM298.3 million, up 24% YoY.
• Net Profit: RM50.2 million with a 5% margin despite rising costs.
• Fleet Update: AirAsia X’s total fleet comprises 19 A330 aircraft, with 17 operational.

Key Developments

Japan and Australia are leading markets with load factors between 85% and 90%, reflecting strong demand. The average fare stood at RM550, aligning with the company’s yield strategy. TAAX (AirAsia X Thailand) reported RM512.7 million in revenue, marking a 14% increase in passenger numbers. The operational stability post-hub transition at Don Mueang points to effective service continuity.