Long-haul, low-cost airline AirAsia X (AAX) said it is succeeding in keeping its aircraft relatively full despite weakening demand and a dramatic increase in capacity. The Malaysia-based carrier said that maintaining a load factor above 80% for the third quarter is evidence of its efforts to “stimulate demand to fill up new capacity.” AAX’s load factor did slip compared to the same period last year, although it was not a big drop compared to the high rate of growth and ...

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