AirAsia X Bhd 2022 AR2
The report highlights AirAsia X Berhad's operational recovery and financial turnaround for the 18-month period ended December 31, 2022, following its hibernation during the COVID-19 pandemic. The company successfully completed its debt restructuring on March 16, 2022, leading to a net profit of RM33.3 billion, largely due to the reversal of provisions. Operationally, the airline reactivated seven of its 14 A330-300 aircraft, carrying 426,526 passengers with a passenger load factor of 78%. In terms of sustainability, the company focused on health and safety, digital transformation, and operational eco-efficiency, implementing fuel-saving initiatives such as One Engine Taxi and Electronic Flight Bags that saved a total of 235,616 kg of fuel.
Company: AirAsia X Bhd
Sector: Transport & logistics
Country: Malaysia
Year: 2022
Type: AR2
Pages: 195
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AirAsia X Bhd
Annual Report
The report highlights AirAsia X Berhad's operational recovery and financial turnaround for the 18-month period ended December 31, 2022, following its hibernation during the COVID-19 pandemic. The company successfully completed its debt restructuring on March 16, 2022, leading to a net profit of RM33.3 billion, largely due to the reversal of provisions. Operationally, the airline reactivated seven of its 14 A330-300 aircraft, carrying 426,526 passengers with a passenger load factor of 78%. In terms of sustainability, the company focused on health and safety, digital transformation, and operational eco-efficiency, implementing fuel-saving initiatives such as One Engine Taxi and Electronic Flight Bags that saved a total of 235,616 kg of fuel.
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Document Details
Report Year
2022
Reporting Period
Jul 1, 2021 - Dec 31, 2022
Fiscal Year
2022
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
No data available