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AAV announces 1Q2023 performance, sees clear signs of recovery in China 4.58 million passenger carried, 13% higher than preceding quarter Positive EBITDA and Net Profit for Second consecutive Quarter

Asia Aviation Plc. (AAV), the sole shareholder of Thai AirAsia Co. Ltd. (TAA), announces its operational results for the first quarter of 2023 (“1Q2023”) with total revenue of Baht 9,814.8 million, up 369 percent year-on-year, and a net profit of Baht 359.4 million, on the back of Baht 1,765.4 million in earnings before interest, taxes, depreciation and amortisation (“EBITDA”). 

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airasia rewards wins recognition at Malaysia Technology Excellence Awards 2023

Asean's lifestyle rewards programme, airasia rewards took home the Malaysia Technology Excellence Awards for application programming interface (API) - Airline category at the recently held Malaysia Technology Excellence Awards for its successful introduction of the loyalty points exchange platform “airasia xchange” amidst the challenging economic landscape during the pandemic. 

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