In Spotlight4 May 2017
Low Cost Carrier Philippines Air Asia is the third biggest airline in the Philippines with 16 Airbus A320-200 flying 30 routes across 20 airports in the country and overseas.
According to the airline, the carrier transported 3.99 million passengers in 2016 at an average load factor of 87%, an increase of 11% compared with 2015 with the airline’s load factor improving by six percentage points. The average sector length jumped 10% to 1,109 kilometres, while the number of flights operated increased by 3% to 25,607. As a result ASKs (Available Seat Kilometres) grew by 14%, but RPKs (Revenue Passenger Kilometres) were up 22%.
In the first quarter of 2017 the airline set a new record, handling 1.15 million passengers (+19%) at a load factor of 92% (plus five percentage points).
Analysis from anna.aero of OAG schedule data for 2017 Q1, Philippines AirAsia has around 11% of the domestic market (well behind Cebu Pacific Air with 46% and Philippine Airlines with 33%) and around 4.6% of international seat capacity. Philippine Airlines (30%), Cebu Pacific Air (19%) and Cathay Pacific Airways (5.2%) are all bigger than the LCC in terms of international operations from the Philippines.
In the second quarter of 2017 the carrier has launched several new domestic routes; between Clark and Davao, as well as between Puerto Princesa and Davao. It has also started one, and resumed two, domestic links from Cebu. As a result, the airline’s network currently comprises 30 routes; the shortest just 283 kilometres from Cebu to Caticlan and the longest between Cebu and Kuala Lumpur, which clocks in at 3,029 kilometres. Of the 30 routes, 17 are served at least daily, with the 565-kilometre connection between Cebu and Manila having 51 flights per week. Cebu Pacific competes head-to-head on 22 of the airline’s 30 routes, while Philippine Airlines also provides direct competition on 22 routes. In the graph below domestic routes are shown in dark green with international routes in light green.
Philippines AirAsia currently serves 20 airports in all, nine of which are in the Philippines (shown in dark green), three are in China with two each in Malaysia and South Korea. In addition it flies to Hong Kong, Macau, Singapore and Taipei. Manila is the LCC’s busiest airport with 252 weekly departures followed by Cebu (97), Kalibo (57) and Davao (52).
For me despite PAA being the 3rd largest airlines in the philippines the number of domestic destinations in the philippines is still limited with CEB, CRK, CPH, DVO, KLO, MNL, PPS, TAC and TAG. When will they expand to other destinations such as BCD, ILO,
ReplyDeleteCGY etc are major domestic destinations they have yet to have flights. Are they constraind by the lack of slots in MNL and limited passengers going to CRK or ?
expanding first internationally and domestic first ? I guest time will tell how much will PAA grow and expand in the next 3 to 5 years