As a result of the fleet hibernation, AirAsia Indonesia (CMPP) total passengers fell by 99.8% to 4,059 in the second quarter (Q2) of 2020. As a group, Malaysia’ AirAsia Bhd’ passenger number occupants and seat capacity also dropped by 98% in the same period to 204,082. The load factor of the group (Indonesia, Malaysia, Thailand, Philippines, and India) also fell to 59% and number of flights fell 98% to 1,868. During the pandemic, the issuer rely on essential movement of people and cargo, some of which had longer distance, contributing to a 3% increase in average stage length. AirAsia Indonesia resumed operations on 19 June with five routes. At the end of July, the daily sales have reached five times of the daily sales recorded in early June, evidently showing signs of demand recovery.
