MAY 1ST, 2017

AirAsia: Preliminary Operating Statistics For the 1st Quarter 2017

AirAsia Berhad (“AirAsia” or “the Company”) is pleased to announce the operating statistics for the 1st Quarter 2017 (“1Q17”).

In 1Q17, the Group1 posted load factor of 89%, up 3 percentage points (“ppts”) from the same period last year. The total number of passengers carried increased 13% year-on-year (“YoY”) to 15.23 million, well ahead of the 9% increase in seat capacity. At the end of the quarter under review, the Group’s total fleet size stood at 176 aircraft (180 including two A320 aircraft novated from MAA to Asia Aviation Capital (“AAC”) and subsequently leased to a third party airline and two A320 aircraft delivered to AirAsia Japan but yet to commence operations).

Malaysia AirAsia (“MAA”) achieved a load factor of 90% in 1Q17, up 5 ppts YoY. Demand exceeded the 1% YoY increase in capacity, with the number of passengers carried rising by 6% YoY to 6.85 million. Frequencies were added to the Kuala Lumpur – Maldives; Kuala Lumpur – Penang; Johor Bahru – Penang; Johor Bahru – Kuala Lumpur; Kuching –Sibu; Kuching – Bintulu; Kota Kinabalu – Kuala Lumpur and Kota Kinabalu – Tawau routes. MAA ended the quarter with a fleet size of 77 aircraft (excluding two A320 aircraft novated from MAA to Asia Aviation Capital (“AAC”) and subsequently leased to a third party airline).

Thai AirAsia (“TAA”) posted a load factor of 89% in 1Q17, up 1 ppt YoY. The number of passengers carried was 4.85 million, up 11% YoY, outstripping the 9% growth in capacity YoY. During the quarter, TAA started operating two new domestic routes comprising Pattaya (Utapao) – Ubon Ratchathani and Pattaya (Utapao) – Phuket. Added frequencies on Bangkok (Don Mueang) – Mandalay. Furthermore, TAA took two additional aircraft during the quarter, bringing its total fleet to 53 aircraft.

Indonesia AirAsia (“IAA”) posted a load factor of 82% in 1Q17, up 3 ppts YoY. The number of passengers carried totalled 1.53 million -4% YoY, capacity -7% lower YoY. New routes: Yogyakarta – Kuala Lumpur ; Lombok – Kuala Lumpur and Pekanbaru – Kuala Lumpur. IAA ended the quarter under review with a fleet size of 22 aircraft, including 8 aircraft operated by Indonesia AirAsia X (“IAAX”).

Philippines AirAsia (“PAA”) reported a load factor of 92% in 1Q17, an increase of 5 ppt YoY. The number of passengers carried was at 1.15 million, up 19% YoY. Capacity increased by 13%. Two new routes: Manila – Caticlan and Kalibo – Clark. Increase in frequency for Manila – Macau. PAA ended the quarter with a fleet of 15 aircraft.

AirAsia India (“AAI”) posted a load factor of 89% in 1Q17, up 3 ppts YoY. The number of passengers carried increased by 57% YoY to 0.84 million, with 50% increase in capacity. Three new routes: Delhi – Srinagar; Delhi – Bagdogra and Delhi – Pune. Frequency increase for Delhi – Goa. AAI’s fleet consisted of 9 aircraft at the end of the quarter (inclusive of one aircraft delivered on 31st March 2017, operational in April 2017).