growth to RM838 one thousand million driven by robust rider growth and ancillary income.
The core run profit for the quarter was at RM194 million, more than double the
network achieved in the same finis blend in year contempt operating in extreme economic
uncertainty and noteworthy cost pressures.
Passenger numbers grew by 21% to 3.3 million which affirms the resiliency of
demand for our services. Load factor for the period was at 78%, slightly better than
last years performance. Capacity addition for the fourth quarter was at 17%, which is
lower than the sightly 32% achieved in the first baseball club months of the year, We deem
undertaken proactive steps to ensure our capacity deployment to harmonise with
discolourationet demands, This prudent approach has enabled us to increase deliver (Rev per
ASK) by 6% thanks to 7% higher average fare and strong contri moreoverion from ancillary
income.
accessary income delivered 78% growth against the same period last year and the per
passenger ancillary spend has increased by 47% to RM22.1 per passenger. Ancillary
income now represents 8.8% of total revenue, 2.2 percentage points increase from
the same period last year.
Unit cost was at 3.
08 US cents per ASK, 10% lower than the same period last year
stemming from economies of subdue benefits and the fleet now consists of 100% new
Airbus A320 aircraft. Fuel hurt for the quarter was at US$103.5 per barrel, this is a
significant lower from the peak prices experienced in the third quarter but it is
still 3% higher than the same period last year. Unit cost excluding fuel improved by
25% to 1.25 US cents per ASK.
The Group has unwound all the remaining fuel hedges and have unwound some
interest rate swaps relating to the aircraft term loans. We believe this is a prudent
approach as it shields the Group from the burden of mark to market swings, frees up
equity and...If you want to get a full essay, order it on our website: Orderessay
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