JANUARY 25TH, 2017

AirAsia: Preliminary Operating Statistics For the 4th Quarter 2016 and Full Financial Year Ended 2016

AirAsia Berhad (“AirAsia” or “the Company”) is pleased to announce the operating statistics for the 4th Quarter 2016 (“4Q16”) and the full financial year ended 31 December 2016 (“FY2016”)

In 4Q16, the Group1 posted load factor of 85%, up 2 percentage points (“ppts”) from the same period last year. The total number of passengers carried increased 7% year-on-year (“YoY”) to 14.51 million, well ahead of the 5% increase in seat capacity. At the end of the quarter under review, the Group’s total fleet size stood at 172 aircraft (174 including two aircraft delivered to AirAsia Japan but yet to commence operations). For FY2016, the group carried a total of 56.59 million passengers for a load factor of 86%.

Malaysia AirAsia (“MAA”) achieved a load factor of 87% in 4Q16, up 2 ppts YoY. Demand exceeded the 2% YoY increase in capacity, with the number of passengers carried rising by 5% YoY to 6.76 million. MAA ended the quarter with a fleet size of 77 aircraft. One new destination was launched during the quarter, with the commencement of the Kuala Lumpur – Luang Prabang route. Frequencies were added on the Kuala Lumpur – Da Nang route. For FY2016, MAA carried 26.41 million passengers and averaged a load factor of 87%, up 6 ppts from FY2015.

Thai AirAsia (“TAA”) posted a load factor of 82% in 4Q16, unchanged YoY. The number of passengers carried was 4.37 million, an increase of 8% YoY, near to the capacity growth of 10% YoY. During the quarter, TAA started operating two international routes comprising of Phuket – Siem Reap and Bangkok (Don Mueang) – Kolkata. Frequencies were increased on the Pattaya – Hat Yai, Bangkok – Surat Thani, Bangkok – Udon Thani, Bangkok – Phuket and Bangkok – Hanoi routes. TAA took two additional aircraft during the quarter, ending the year with a fleet of 51 aircraft. For FY2016, TAA carried 17.22 million passengers and posted a load factor of 84%, up 3 ppts from FY2015.

Indonesia AirAsia (“IAA”) posted a load factor of 83% in 4Q16, up 3 ppts YoY. The number of passengers carried totalled 1.55 million on a reduced capacity of 10% YoY, in line with the turnaround strategy. IAA ended the quarter under review with a fleet size of 22 aircraft, including 8 aircraft operated by Indonesia AirAsia X (“IAAX”). Frequencies were added on the Bali – Kuala Lumpur route. For FY2016, IAA carried 6.52 million passengers and averaged a load factor of 84%, up 10 ppts from FY2015.

Philippines AirAsia (“PAA”) reported a load factor of 85% in 4Q16, an increase of 4 ppt YoY. The number of passengers carried was at 1.04 million, up 19% YoY. Capacity increased by 13% YoY as four new routes commenced operations: Manila – Taipei, Cebu – Taipei, Cebu – Singapore and Cebu – Kuala Lumpur. In addition, flight frequency was increased on the Manila – Kuala Lumpur route. PAA ended the quarter with a fleet of 14 aircraft. For FY2016, PAA carried 3.99 million passengers and averaged a load factor of 87%.

AirAsia India (“AAI”) posted a load factor of 86% in 4Q16, up 2 ppts YoY. The number of passengers carried increased 56% YoY to 0.79 million, more than the 52% increase in capacity. One new route was inaugurated during the quarter: Hyderabad – Kochi. Frequencies were added on the Delhi – Goa, Bengaluru – Goa, Bengaluru – Kochi and Bengaluru – Pune routes. AAI’s fleet consisted of 8 aircraft at the end of the quarter. For FY2016, AAI carried 2.45 million passengers and averaged a load factor of 86%.