FEBRUARY 15TH, 2016

AirAsia: Preliminary Operating Statistics For the 4th Quarter 2015 and Full Financial Year Ended 2015

AirAsia Berhad (“AirAsia” or “the Company”) is pleased to announce the operating statistics for the 4th Quarter 2015 (“4Q15”) and the Full Financial Year ended 31 December 2015 (“FY2015”).

In 4Q15, the Group1 recorded load factor of 83%, up 5 percentage points (“ppts”) from the same period last year. Number of passengers carried increased 12% year-on-year (“YoY”) to 13.5 million, ahead of the 6% increase in capacity. At the end of 2015, the Group’s total fleet size stood at 170 aircraft (171 including one aircraft that was delivered to AirAsia Japan in 4Q15, which has not commenced operation).

Malaysia AirAsia (“MAA”) posted load factor of 85% in 4Q15, up 7 ppts YoY. Demand exceeded capacity with 10% increase in the number of passengers carried at 6.5 million and 1% YoY increase in capacity. MAA ended the quarter with a total fleet of 80 aircraft. Three new routes commenced operations during the quarter: Kuala Lumpur – Male, Changsha and Colombo. Frequencies were added on three routes: Kuala Lumpur – Kochi and Jakarta; and Johor Bahru – Ho Chi Minh City.
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Thai AirAsia (“TAA”) recorded load factor of 82% in 4Q15, up 3 ppts YoY. Total number of passengers carried increased 17% YoY to 4.02 million, ahead of the 12% increase in capacity. During the quarter, TAA took 1 additional aircraft and comparing YoY, 5 aircraft were added bringing its total fleet to 45 aircraft. Five new routes commenced operations: Pattaya (U-tapao) – Singapore, Macau, Udon Thani, Chiang Mai and Hat Yai. Frequencies were added on one route: Bangkok (Don Mueang) – Phuket.

Indonesia AirAsia (“IAA”) maintained its load factor at 80% in 4Q15. Number of passengers carried dropped 14%, in-line with the planned capacity reduction of 14% YoY. As part of its turnaround plan, in 4Q15 IAA transferred out three aircraft to the other affiliates (two aircraft to MAA and one to AAI). Its total fleet at the end of 2015 stood at 25 aircraft, which includes 8 aircraft operated by Indonesia AirAsia X (“IAAX”).

Philippines’ AirAsia (“PAA”) reported load factor of 81% in 4Q15, up 9 ppts YoY. Number of passengers carried was at 0.87 million, up 47% YoY supported by the increase in capacity of 30% YoY. One aircraft was returned to the lessor during the reported period, bringing their fleet size at end of year to 14 aircraft.

AirAsia India (“AAI”) posted load factor of 84% in 4Q15, up 1 ppt with a total of 0.51 million passengers carried. At the end of the quarter, AAI’s total fleet stood at 6 aircraft as 1 aircraft was added during the quarter. One new route was introduced in 4Q15: New Delhi – Visakhapatnam, whilst frequencies were increased on two routes: New Delhi – Goa and Guwahati.