Category Archives: AirAsia (Japan)

AirAsia reports improved results in the first quarter of 2022

Capital A Berhad (formerly known as AirAsia Group Berhad) (“Capital A” or the “Group”) presents the following operating statistics for its airline business for the First Quarter of the Financial Year 2022 (“1Q2022”).

Capital A Berhad Consolidated AOCs¹ has posted another significantly improved result across key operational metrics including a healthy load factor of 76% and capacity of 4.9 million passengers carried respectively in 1Q2022. The number of passengers carried has increased by 284% to 3.7 million year-on-year (“YoY”) in 1Q2022 leading to a 9 percentage points (“ppts”) improvement in load factor. The Group introduced additional capacity of 238% YoY to support the surge in demand, alongside relaxed travel restrictions across the Group. As a result, Available Seat Kilometres (“ASK”) soared by 223% and Revenue Passenger Kilometres (“RPK”) jumped by 264% YoY, primarily attributable to the strong domestic travel rebound and the gradual further easing of travel restrictions in 1Q2022.

For AirAsia Malaysia, the number of passengers carried and the capacity improvement jumped 464% and 455% respectively, compared to the same quarter in the previous year, off the back of the resumption of a significant number of additional domestic flights and the relaunch of numerous domestic routes to connect people between major cities, particularly during the festive season. In 1Q2022, the load factor increased by 1 ppt YoY to 74%. ASK jumped 475% and RPK jumped 476% YoY. These very promising achievements were driven by added frequencies of domestic flights in line with increased demand and were also attributed to the promotional campaigns that took place in 1Q2022.

AirAsia Indonesia also achieved a much improved load factor of 76% in 1Q2022, which surged 20 ppts YoY. Passengers carried and capacity improved by 126% and 141% quarter-on-quarter (“QoQ”), respectively, off the back of additional frequency added for domestic flights, particularly Jakarta to Denpasar and between Jakarta and Medan, to meet huge pent-up demand. The RPK surged 129% to 436 million from 190 million QoQ and increased 22% YoY from 357 million in the quarter.

AirAsia Philippines has continued to record the Group’s highest quarterly load factor at 86%, which rose by 12 ppts YoY, uninterrupted by the steep rise of Omicron variant cases in the Philippines during the quarter. In 1Q2022, the number of seats sold and capacity increased 233% and 186% respectively, compared to the same period last year. Similarly, ASK and the number of flights flown rocketed 203% and 186% YoY, with the support of the huge summer demand following the Philippines Government’s confirmation of further relaxed travel protocols.

In 1Q2022, AirAsia Thailand carried 1.45 million passengers, up 48 ppts YoY, an impressive increase over the past two consecutive quarters, mainly due to a strong recovery in travel demand and the easing of the entry rules as well as the reopening of the Thailand Pass (Test & Go). Noticeably, international tourist arrivals to Thailand increased as a consequence. Furthermore, AirAsia Thailand has increased its flight frequency and routes to cater for the evolving resurgence in travel demand, eventuating in a 32% growth in flights flown to 11,002 flights, in part, from a resumption of international flights. Similarly, the ASK and the seating capacity also improved by 34% on a robust rebound. Moreover, AirAsia Thailand has reallocated its capacity and flights to align with the reviving demand. As a result, the load factor in the reporting quarter was recorded at 73%, rising 7 ppts from the same period last year.

Capital A Berhad Consolidated AOCs – Malaysia, Indonesia & Philippines
1st Quarter 2022 Operating Statistics

Note: (i) The fleet count excludes:
– Two (2) A320 aircraft leased to a third party airline

Malaysia
1st Quarter 2022 Operating Statistics

Note: (ii) The fleet count excludes:
– Two (2) A320 aircraft leased to a third party airline

Indonesia
1st Quarter 2022 Operating Statistics

Philippines
1st Quarter 2022 Operating Statistics

Thailand
1st Quarter 2022 Operating Statistics

1. Number of earned seats flown. Earned seats comprise seats sold to passengers (including no-shows)
2. Number of seats flown
3. Number of Passengers Carried as a percentage of Capacity
4. Available Seat Kilometres (ASK) measures an airline’s passenger capacity. Total seats flown multiplied by the number of kilometres flown
5. Revenue Passenger Kilometres (RPK) is a measure of the volume of passengers carried by the airline. Number of passengers multiplied by the number of kilometres these passengers have flown
6. Number of flights flown
7. Number of aircraft including spares

¹ Capital A Berhad Consolidated AOCs refers to AOCs whose financial and operational results are consolidated for financial reporting purposes and these are the Malaysian, Indonesian and Philippines AOCs.

History of AirAsia liveries:

 

AirAsia Group is now Capital A

AirAsia Group Berhad has announced a name change for the group holding company to become Capital A Berhad (Capital A or the Group).

The name change reflects the Group’s new core business strategy as an investment holding company with a portfolio of synergistic travel and lifestyle businesses, which have rapidly transformed the AirAsia brand into much more than just an airline.

CEO of Capital A, Tony Fernandes said: “This is not just about unveiling a new logo. It’s a significant milestone that marks a new era for the Group. Today’s announcement reinforces we are not just an airline anymore.

“While the airline will always underpin the AirAsia brand, it has long been my firm intention, well before Covid hit, to leverage the strong data we have built up over 20 years and incorporate industry-leading new technologies to offer a broad range of products and services, over and above selling just airfares. The pandemic has allowed us to accelerate that strategy.

“Our brand has continuously evolved based on driving innovation and meeting ever changing consumer demand. The strategy behind the change of name is to introduce a new corporate identity that better reflects the Group’s core businesses today and its future undertakings, in tandem with our rapid transformation from an airline into a one-stop digital travel and lifestyle services group. We believe that the new company name will also further enhance the marketability of our products and boost the success of our Group for the long haul.

“Essentially Capital A is an investment company with a broad portfolio of businesses which all deliver the best value at the lowest cost, supported by strong data built up over two decades. We also have one of Asia’s leading brands to ride on, a strong people-first culture and an underlying promise of remaining committed to serving the underserved in all that we do. Just like what the airline has done from day one, all of our different lines of business will deliver the same strategy that is underscored by doing what we do best – making travel and everyday lifestyle services affordable, accessible and inclusive to all.

“We are now delivering more products and services under one umbrella than any other brand in Asean and with access to over 700 million people in the region, I foresee incredible growth opportunities for our brand across many different industries in all of our core markets.

“We have 16 products and services on our airasia Super App, providing not only the best value flight and travel deals but also everyday lifestyle needs, from food to retail and e-commerce, to same day delivery, ride hailing and much more. We are already one of the top three online travel agents (OTAs) in Asean and our super app is on track to become the leading lifestyle app in the region very soon.

“All of our portfolio businesses are well on the way to becoming industry leaders in their respective fields across Southeast Asia, including BigPay, our aircraft engineering division Asia Digital Engineering (ADE) and logistics venture Teleport.

“We already have over 50 million monthly unique visitors on our super app which has been recognised as a tech unicorn in under two years, our fintech business BigPay, has been given a significant injection of USD $100million from South Korea conglomerate SK Group and overall we have raised over RM2.5 billion to date through our fundraising strategy. Following strong consumer and investor support for our transformation strategy, we now set our sights on further capital raising initiatives for the airasia Super App, Teleport and ADE which will be announced in due course.”

On the airline, Tony commented: “While Capital A will be the new Group holding company name, one thing that isn’t changing is the AirAsia brand name for our airlines. It’s one of the strongest brands in Asia and provides a solid platform for all of our other products and services to leverage from each other.

“Even though the last two years have been the most difficult and disrupted years in the history of commercial aviation, I welcome the year ahead with much greater confidence. Domestic air travel has already started to rebound in our key markets. While there may be some delays for international flights to return to pre-Covid levels due to the Omicron variant, I believe this will be short-lived as many global health experts are also predicting, alongside accelerated vaccines and booster shots as well as the world gradually learning to live with Covid. I am hopeful borders will reopen gradually throughout 2022 and we will see a return to normal capacity for our international services by the middle to third quarter of this year.

“Over the past two years we have spent the downturn in flying building a solid foundation for a viable and successful future, which is not solely reliant on airfares alone. Capital A signals an exciting new era for our airlines and all of our other portfolio businesses within the Group as we embark on a significant new growth phase.

“Importantly, the best is yet to come. We have pivoted, we have transformed and we have a five year plan in place which will see non airline revenues contributing around 50 percent of overall Group revenue by 2026. Once the airlines return to pre-Covid levels in the near future all of our other lines of business will benefit significantly and will all soar to new heights in tandem with one another.”

By 2026 Capital A aims to achieve amongst others:

  • Group airlines connecting over 1 billion people in Asean.

  • The engineering division (ADE) becomes an industry leader for maintenance, repair and overhaul (MRO) services in Southeast Asia.

  • airasia Super App to be the super app of choice in Asean.

  • 10 million monthly active users for BigPay.

  • 10% market share in Southeast Asia for Teleport, in the logistics and e-commerce industry.

  • 5 million sign ups for edutech arm AirAsia Academy.

  • Over 21 million monthly orders on airasia grocer.

The new holding company name, Capital A, is immediately effective following the successful registration of the name by the Companies Commision of Malaysia announced on January 3 and the subsequent formal approvals received yesterday.

The name change from AirAsia Group Berhad to Capital A Berhad will not have any effect on the Company’s ongoing operations. The AirAsia stock name on the main Board of Bursa Malaysia Securities Berhad will change with immediate effect to reflect the new company name.

AirAsia Japan shuts down

AirAsia Japan Co., Ltd. has decided to cease operations effective October 5, 2020.

Since its incorporation in July 2014, the Company has been operating domestic and international flights from its base in Chubu Centrair International Airport. The COVID-19 pandemic has left a significant and sustained adverse economic impact on businesses and economies around the world and the Company has not been spared. Travel restrictions and the uncertainties it created have severely curtailed demand for business and leisure travel resulting in flight reductions, cancellations and grounding of aircraft. These factors have weighed heavily on the Company’s ability to continue operations.

Representative Director and COO of AirAsia Japan, Jun Aida said, “Despite our unrelenting efforts to sustain operations through successive and wide-ranging cost reduction initiatives, we have concluded that it would be an extremely challenging feat for us to continue operating without any visibility and certainty of a post-pandemic recovery path.

“I would like to express our deepest gratitude and appreciation to our loyal guests and other stakeholders who have supported us all along. This painful decision to cease operations was decided neither in haste nor taken lightly. It was agreed upon after conducting a thorough business review.

“Further steps to this decision will be made in accordance with the applicable laws and regulations including the Japan Civil Aeronautics Act.

“We have cancelled all flights. All affected guests will be contacted via email with further information within the next 7 days. Guests may also view our dedicated support pages below.”

The cessation only affects the domestic and international flights operated by AAJ in Japan with letter code DJ and does not affect other flights into and out of Japan operated by other airlines within the AirAsia Group. International services to Japan, from Malaysia, Thailand and the Philippines will resume in the future after travel restrictions are lifted and borders with Japan are reopened.

AirAsia (Japan) aircraft photo gallery:

 

https://airlinersgallery.smugmug.com/Airlines-Asia/Airlines-Japan/AirAsia-Japan

AirAsia Japan to return on October 29

AirAsia (Japan) Airbus A320-216 JA03AJ (msn 5325) (Now Everyone Can Fly) NRT (Michael B. Ing). Image: 912558.

AirAsia Japan, the Japanese affiliate of AirAsia of Malaysia, is back in business with its inaugural service from Nagoya to Sapporo.

The twice-daily service will commence on October 29, 2017, connecting Nagoya – AirAsia Japan’s main hub – to the capital of northern Hokkaido prefecture.

AirAsia Group CEO Tony Fernandes said, “It’s great to be back in Japan. It hasn’t been easy, and I want to thank my partners Rakuten, Octave, Noevir and Alpen for their support and patience. Many people thought we would give up and not bother but we owe it to the people of Japan and our staff to keep going. This took a long time but, like good wine, all good things take time and we are off the taxiway and ready to take off.

AirAsia Japan is a joint venture between AirAsia Berhad, Rakuten Inc, Octave Japan Infrastructure Fund I GK, Noevir Holdings Co Ltd and Alpen Co Ltd. The airline operates two A320-200 aircraft from its hub at Nagoya’s Chubu Centrair International Airport.

* One-way base fare inclusive of sales tax and excluding airport taxes and fees. Terms and conditions apply.

Flight Schedule for Nagoya (NGO) to Sapporo (CTS)

Flight No. From To Departure Arrival Schedule
DJ 0001 NGO CTS 0735h 0925h Daily
DJ 0009 NGO CTS 1710h 1900h Daily
DJ 0002 CTS NGO 1000h 1205h Daily
DJ 0010 CTS NGO 1935h 2140h Daily

In China, AirAsia Bhd previously signed a joint venture agreement with China to establish a low a Chinese affiliate based in Zhengzhou. The new ventured is a joint venture between AirAsia, the Everbright Group and the Henan Government Working Group.

Copyright Photo: AirAsia (Japan) Airbus A320-216 JA03AJ (msn 5325) (Now Everyone Can Fly) NRT (Michael B. Ing). Image: 912558.

AirAsia Japan to be relaunched in 2015

AirAsia Japan (2nd) New Partners (LRW)

AirAsia (AirAsia.com) (Malaysia) (Kuala Lumpur) has announced the second launch of AirAsia Japan (2nd). The low-fare Malaysian airline issued this statement today (July 1). Operations are due to start in mid 2015. Here is the full statement:

AirAsia today (July 1) announced that it will be entering into a Shareholders Agreement with Octave Japan Infrastructure Fund I GK (Octave), Rakuten Inc. (Rakuten), Noevir Holdings Co. Ltd. (Noevir), and Alpen Co. Ltd. (Alpen) to establish AirAsia Japan.

Tony Fernandes (center above), Group Chief Executive Officer of AirAsia said, “We are very excited to return to Japan’s skies together with Octave, Rakuten, Noevir and Alpen this time round. I am more confident than ever that AirAsia Japan, led by Odi (Odagiri Yoshinori) with the strong partnership we have with our new investors, will continue to realize our vision to revolutionize the low-cost carrier segment of Japan. The AirAsia Japan team is now working hard with the relevant authorities to obtain necessary operational approvals, and we hope that all will be in place to start both domestic and international flights by the summer of 2015.”

AirAsia Japan (2nd) Take Off (LRW)

Odagiri Yoshinori, Chief Executive Officer of AirAsia Japan further commented, “We are ready to take on this challenge and with great teamwork, we hope to bring AirAsia’s successful low-cost business model once again to Japan. Our counterparts in Malaysia, Thailand, Indonesia, the Philippines and India have seen great and encouraging responses in their markets, and we will work towards the same for Japan. We would like to thank the investors for their belief in us and we look forward to working closely with them moving forward.”

Octave was incorporated in Japan on May 2014 and its major business is to acquire, own, manage, hold, sell, and dispose of the shares of AirAsia Japan and make collections from the shares of AirAsia Japan; while Rakuten was incorporated in Japan on February 1997 and its major business includes Internet services (e-commerce, travel), financial services (bank, credit card, securities. etc), telecommunications and professional sports.

Noevir, which was incorporated in Japan on March 2011 and its major business includes cosmetics, pharmaceuticals and health food, apparel and aviation business. Alpen was incorporated in Japan on July 1972 and its major business includes manufacturing and retail of ski equipment, other sporting goods equipment including golf, tennis, marine sports, baseball, etc. and leisure goods; management of ski resorts, golf courses and fitness clubs.

AirAsia logo

Read the full story from ZipanguFlyer: CLICK HERE

Read the analysis by Bloomberg Businessweek: CLICK HERE

AirAsia (Japan) (1st): AG Slide Show

AirAsia (Malaysia): AG Slide Show

Copyright Photos: AirAsia Japan.

AirAsia Japan FAs (LRW)

Tony Fernandes to restart AirAsia Japan with new Japanese partners

AirAsia’s (AirAsia.com) (Malaysia) (Kuala Lumpur) CEO Tony Fernandes is taking another crack at the Japanese LCC market with the return of AirAsia Japan according to Bloomberg. Tony Fernandes was recently in Japan and stated he was lining up new Japanese partners.

Yoshinori Odagiri, the former CEO of AirAsia Japan will also lead the new carrier with Osamu Hata, previously a chief financial officer at Japan’s Dell unit according to Bloomberg.

The previous AirAsia Japan (Tokyo-Narita) was a low-fare joint venture with ANA (All Nippon Airways) (Tokyo) that operated from August 1, 2012 through August 31, 2013. The old AirAsia Japan was the fifth subsidiary/joint venture of AirAsia.

ANA turn its portion of the joint venture of AirAsia Japan into Vanilla Air. Vanilla Air’s fleet will grow to six Airbus A320s by next month, eight by March 2015, and 10 by March 2016 according to ZipanguFlyer.

Read the full report on the second coming of AirAsia Japan from ZipanguFlyer: CLICK HERE

Copyright Photo: Michael B. Ing/AirlinersGallery.com. Airbus A320-216 JA03AJ (msn 5325) of the first version AirAsia Japan taxies at the Tokyo (Narita) base.

AirAsia Japan: AG Slide Show

AirAsia Japan to become Vanilla Air

AirAsia Japan (Tokyo-Narita), the failed joint venture between AirAsia (Malaysia) (Kuala Lumpur) and ANA (All Nippon Airways) (Tokyo), will be rebranded as Vanilla Air by its now full parent, ANA, which acquired AirAsia’s shares in the joint venture. Vanilla Air will become the new name in December. In the meantime, AirAsia Japan is cancelling hundreds of flights between September 1 and October 26 (see below).

Read the full story from Channel NewsAsia: CLICK HERE

Vanilla Air logo

The current AirAsia Japan aircraft are being returned to AirAsia. AirAsia previously issued this statement about the cancelled joint venture and as a result the following cancelled flights:

1 SEP – 26 OCT 2013 : From/ To Nagoya (Chubu)

Nagoya (Chubu) → Fukuoka Fukuoka → Nagoya (Chubu)
Flight No. Departure Arrival Flight No. Departure Arrival
JW8621 6:45 8:05 JW8622 8:40 9:55
JW8627 19:55 21:15 JW8628 21:40 22:55

 

Nagoya (Chubu) → Sapporo (Shin-Chitose) Sapporo (Shin-Chitose) → Nagoya (Chubu)
Flight No. Departure Arrival Flight No. Departure Arrival
JW8617 15:40 17:20 JW8616 17:45 19:30

 

Nagoya (Chubu) → Seoul (Incheon) Seoul (Incheon) → Nagoya (Chubu)
Flight No. Departure Flight No. Flight No. Departure Flight No.
JW865 10:45 12:45 JW866 13:10 15:00

 

1 OCT – 26 OCT 2013 : Narita=Sapporo (Shin-Chitose) & Narita=Okinawa (Naha)

Tokyo (Narita) → Sapporo (Shin-Chitose) Sapporo (Shin-Chitose) → Tokyo (Narita)
Flight No. Departure Arrival Frequency Flight No. Departure Arrival Frequency
JW8521 7:10 8:55 Thu, Sat JW8520 9:20 10:55 Thu, Sat
7:15 9:00 Mon, Tue, Wed, Fri, Sun 9:25 11:00 Mon, Tue, Wed, Fri, Sun
JW8523 11:25 13:20 Thu, Sat JW8522 13:45 15:20 Thu, Sat
111:30 13:25 Mon, Tue, Wed, Fri, Sun 13:50 15:25 Mon, Tue, Wed, Fri, Sun

 

Tokyo (Narita) → Okinawa (Naha) Okinawa (Naha) → Tokyo (Narita)
Flight No. Departure Arrival Frequency Flight No. Departure Arrival
JW8665 15:55 18:50 Thu, Sat JW8666 19:20 21:55
16:00 18:55 Mon, Tue, Wed, Fri, Sun

Copyright Photo: Michael B. Ing/AirlinersGallery.com. Airbus A320-216 JA02AJ (msn 5200) climbs away from the Tokyo (Narita) base.

AirAsia Japan: AG Slide Show

AirAsia Japan to be shut down on October 31

AirAsia Japan (Tokyo-Narita) will cease all scheduled services on October 31, 2013. ANA has decided it will not merge the joint venture with Peach Aviation. The airline started operations on August 1, 2012.

All four Airbus A320s will be returned to AirAsia (Malaysia) the following day.

Copyright Photo: Michael B. Ing/AirlinersGallery.com. Airbus A320-216 JA01AJ (msn 5153) approaches the Tokyo (Narita) hub.

AirAsia (Japan): AG Slide Show

Route Map:

AirAsia Japan 6:2013 Route Map

ANA to buy out AirAsia’s share of AirAsia Japan, the joint venture to be dissolved

ANA Holdings Inc (ANA-All Nippon Airways) (Tokyo) according to Reuters, will buy out AirAsia’s (Malaysia) (Kuala Lumpur) portion of AirAsia Japan (Tokyo-Narita) joint venture for over $25 million. The loss-making entity will be dissolved. AirAsia Japan commenced operations only on August 1, 2012. ANA controls 67 percent of the shares.

ANA is considering its options. The joint venture could be rolled into Peach Aviation.

Read the full report: CLICK HERE

AirAsia (Japan): AG Slide Show

Top Copyright Photo: Michael B. Ing/AirlinersGallery.com. The AirAsia brand will soon die in Japan. The concept is just not working despite the recent SkyTrax 2013 Awards (below, AirAsia Japan). Airbus A320-216 JA01AJ (msn 5153) arrives at the Narita base.

AirAsia Japan FAs SkyTrax 2013 (AirAsia)(LR)

 

 

Is AirAsia ready to give up on its ANA joint venture AirAsia Japan?

AirAsia (AirAsia.com) (Malaysia) (Kuala Lumpur) may be getting ready to quit its AirAsia Japan (Tokyo-Narita) joint venture with ANA (All Nippon Airways) (Tokyo) according to a report by the Wall Street Journal. The WSJ is reporting there is management “tension” and different approaches between the two main carriers.

One report has AirAsia selling all of its stock to ANA. ANA in return will merge AirAsia Japan with Peach Aviation. However this has not been confirmed by any of the parties which are reportedly exploring their options. Can the marriage between a fast-growing low fare airline and a mainline legacy flag carrier be saved?

AirAsia Japan commenced operations on August 1, 2012.

Read the full story from the Malaysian Insider: CLICK HERE

The CEO of AirAsia Japan issued this statement on June 11:

In regards to the recent media announcements on the dissolution of AirAsia Japan Co., Ltd., a joint venture between ANA Holdings Inc. and AirAsia Berhad; please be informed that our shareholders are still exploring all available options and any decision will be further subject to respective corporate approvals.

Rest assured that with the strong support from our major shareholder, ANA Holdings Inc., AirAsia Japan will continue to operate flights as usual.

As a Japan-based Low Cost Carrier (LCC), our goal is to make your dreams of travel a reality.
Your support is truly appreciated.

See you in the clouds!

Yours sincerely,

Yoshinori Odagiri
CEO, AirAsia Japan

Copyright Photo: Michael B. Ing/AirlinersGallery.com. The only way to tell it is AirAsia Japan is the small “Japan” inscription by the nose and the JA Japanese aircraft registration. Airbus A320-216 JA03AJ (msn 5325) climbs away from the Tokyo (Narita) base.

AirAsia logo

Current Route Map:

AirAsia Japan 6:2013 Route Map

AirAsia Japan: AG Slide Show