Malaysia's AirAsia sees 2020 capacity at 45-60% of 2019 levels on virus hit

Topics AirAsia | Malaysia | Aviation

Malaysia's flagship budget carrier AirAsia Group Bhd expects its 2020 capacity to be just 45%-60% of last year's levels due to the coronavirus outbreak and to fill 70-75% of seats this year compared with the usual 85%.

The forecast was released in a presentation posted on the airline's website on Tuesday, a day after it reported its biggest first-quarter loss since it listed on the Malaysian bourse in November 2004, according to Refinitiv Eikon data. AirAsia expects travel demand to rebound to an extent in 2021, with capacity.....

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