When will Capital A Bhd return to pre-Covid travel demand levels?

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Capital A Bhd Anticipates Return to Pre-Covid Travel Demand Within Months

Capital A Bhd is optimistic that travel demand will return to pre-Covid-19 levels within the next two to three months. This projection is based on current sales performance and the ongoing reopening of international borders across Asean. The company expects to achieve profitability in 2023, supported by this anticipated surge in travel activity.
Sales Recovering to Pre-Pandemic Levels

Current sales for Capital A Bhd have reached 75 per cent of their pre-Covid-19 figures, a recovery rate that has exceeded initial expectations. This strong performance is particularly noted in regions like the Philippines and Indonesia, which are contributing significantly to the overall recovery. The robust demand in India and inter-Asean travel, as well as domestic routes, is helping to offset the continued limitations in traffic from China.
Fleet Deployment and Operational Capacity

In anticipation of increased travel demand, AirAsia plans to have the majority of its fleet operational by the end of the year. This strategic move aims to ensure sufficient capacity to meet the projected rise in passenger numbers. The company has indicated that high crude oil prices are not currently a significant concern, given the strong demand for air travel.
Accelerated Recovery in Asean

The recovery of the travel sector in the Asean region is expected to accelerate, largely driven by the progressive reopening of international borders. This development is a key factor in Capital A Bhd's optimistic outlook for returning to pre-pandemic travel volumes. The CEO has expressed confidence that this trend will lead to a significant rebound in travel activities in the near future.

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When will Capital A Bhd return to pre-Covid travel demand levels?

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