JULY 31ST, 2015

AirAsia Berhad serves a Letter of Demand on Malaysia Airports

SEPANG, 31 JULY 2015 – AirAsia Berhad (“AirAsia”) has served a letter of demand amounting to RM409million on Malaysia Airports Holdings Berhad and Malaysia Airports (Sepang) Sdn. Bhd. (“MAHB”) for loss and damages incurred operating from klia2 as well as from the LCC Terminal.

AirAsia in its demand has stated that MAHB has failed and/or breached its contractual duties and duty of care which has caused AirAsia to suffer and continue to suffer losses as a result of MAHB’s breach.

AirAsia is also claiming that the MAHB’s breaches have damaged AirAsia’s brand and reputation as the public perception is that the failings of the facilities are within the control of AirAsia being the single largest operator of klia2.