JAKARTA — PT AirAsia Indonesia Tbk (AAID/CMPP) successfully reduced its core operating losses by 6.9 percent to IDR 678.4 billion in the first half of 2026. This achievement was reached amid heavy pressure from soaring global aviation fuel (avtur) prices and the weakening of the Rupiah exchange rate against the US Dollar.

Based on the consolidated financial statements released by the Company, the global rise in avtur prices reached 46.7 percent year-on-year (YoY), triggering a 26.1 percent ballooning in fuel operating costs to IDR 1.99 trillion. This situation was exacerbated by a 5 percent depreciation of the Rupiah against the US Dollar, which added to the airline's cost burden.

Facing these challenges, Indonesia AirAsia's management took tactical steps by prioritizing profitable flight routes rather than simply chasing passenger volume. As a result, the Company's total revenue in the first half of this year was recorded at IDR 3.91 trillion, a slight correction of 1.8 percent compared to the same period last year of IDR 3.98 trillion.

The main contributor to revenue came from flight ticket sales of IDR 3.31 trillion. Meanwhile, revenue from ancillary services, such as cargo, baggage services, charter flights, and in-flight meals, contributed IDR 595 billion to the company's coffers.

From the operational side, the airline cut seat capacity by 4.2 percent to 3.44 million seats to optimize routes. AirAsia also increased the average ticket price by 4.9 percent to IDR 1.13 million, which successfully boosted revenue per seat unit (RASK) by 17.4 percent to IDR 854. Despite the tariff adjustments, travel demand remained strong with a stable load factor of 82 percent, carrying a total of 2.83 million passengers.

President Director of PT AirAsia Indonesia Tbk, Captain Achmad Sadikin Abdurachman, explained that the company's main focus during the first semester was to maintain business resilience through strict internal efficiency. Management also cut non-essential expenditure items such as marketing budgets and reorganized the aircraft fleet maintenance schedule.

Looking ahead to the second half of 2026, the airline plans to accelerate business performance recovery by optimizing potential routes and increasing aircraft utility. This effort will be strengthened through network integration with the AirAsia Group, particularly connection flight services (Fly-Thru) connecting the domestic market to more than 150 destinations in the Asia-Pacific region.