AirAsia Philippines aims for 7 million passengers in 2024, registers strong growth in 2023

AirAsia Philippines capped off a successful 2023 with a 91% load factor, a 2% increase over 2022, and a 57% jump in passenger numbers to 6.6 million. The airline attributed the growth to strong travel demand, stable fuel prices, and its aggressive sales campaigns.

File photo from AirAsia Philippines

CEO Ricky Isla expressed optimism for 2024, stating:

We will continue to strengthen our domestic presence while leveraging on our strong route network across Asean and beyond." He highlighted the full return of their pre-pandemic fleet, which will allow them to optimize flight frequency, reactivate shelved destinations, and open new international routes.

Early booking trends support this optimism, with over 300,000 seats already sold for popular domestic destinations like Boracay and Cebu, and international hubs like Taipei and Tokyo. This surge is partly fueled by upcoming festivities in the second quarter and the summer season.

AirAsia Philippines is not alone in its success. The wider AirAsia Group, encompassing airlines in Malaysia, Thailand, and Indonesia, also reported strong performance with load factors consistently in the high 80s throughout 2023. This translates to a Group load factor of 88% for the year, a 5% increase compared to 2022.

Overall, the Group carried nearly 57 million passengers in 2023, representing a 77% recovery from pre-COVID levels. Domestic travel led the way with an 82% recovery, while international travel stood at 72%.

AirAsia Philippines is confident in its continued growth, fueled by strong demand, strategic expansion, and competitive pricing. Passengers can stay updated on the latest deals and travel advisories through the AirAsia Super App and the official website.