AirAsia Group Berhad Preliminary Operating Statistics For the Second Quarter 2018

SEPANG, 27 JULY 2018 - AirAsia Group Berhad is pleased to announce the operating statistics for the 2nd Quarter of the Financial Year 2018 (“2Q18”).

AirAsia Group Berhad Consolidated AOCs[1] posted a strong load factor of 86% and 17% increase in seat capacity during the quarter under review. Despite the significant increase in capacity, load factor was only down marginally by 3 percentage points as compared to the same period last year. The total passengers carried increased by 13% year-on-year to 10.88 million passengers, on the back of the capacity added. In the quarter under review, AirAsia Group Berhad Consolidated AOCs’ total fleet size grew to 124 aircraft, comprising 88 in Malaysia (AirAsia Berhad), 15 in Indonesia (PT AirAsia Indonesia Tbk) and 21 in the Philippines (Philippines AirAsia Inc). Malaysia commenced operation of 1 new route from Kuala Lumpur. Philippines commenced operations of 3 new routes – 2 from Cebu and 1 from Manila. Malaysia increased frequencies on 10 routes – 8 from Kuala Lumpur, 1 from Langkawi and 1 from Johor Bahru. Philippines increased frequencies of 1 route from Cebu. Indonesia recorded a capacity increase of 1% year-on-year to 1.42 million, however due to the low season in Indonesia for travels typically in the second quarter, passengers carried was slightly lower by 4% year-on-year recording 1.16 million pax carried. As such, load factor for the quarter was recorded at 81% or 4 percentage points lower year-on-year. As for Philippines, passengers carried grew significantly by 39% year-on-year, in-line with the 39% added in seat capacity during the same period. As a result, load factor was recorded at 87%, unchanged with no load dilution year-on-year.

AirAsia Thailand (“TAA”) reported a load factor of 85%, marginally lower by 1 percentage point from the same quarter in 2017. The seat capacity grew by 15% year-on-year, while number of passengers carried during the quarter was 5.31 million, an increase of 13% year-on-year. For the said quarter, TAA increased frequencies on 4 routes originating from Bangkok (Don Mueang) and 1 route originating from Chiang Mai. At the end of the quarter, TAA’s fleet size stood at 59 aircraft.

AirAsia India (“AAI”) carried 1.83 million passengers in 2Q18, an increase of 82% compared to the same quarter in 2017. Load factor was reported at 87%, down by 3 percentage point year-on-year, as a result of an aggressive 87% increase in seat capacity. AAI ended the quarter with a fleet size of 18 aircraft after adding 2 aircraft during the quarter. AAI commenced operations of 6 new routes, 4 of which were from Kolkata and 1 each from New Delhi and Bengaluru. Frequencies were increased on 2 routes from Kolkata and 2 routes from Bengaluru.

AirAsia Japan (“AAJ”) achieved a load factor of 79% in 2Q18, unchanged quarter-on-quarter. AAJ carried over 57,000 passengers during the quarter under review, which was up 10% quarter-on-quarter. Frequencies were increased on the route originating from Nagoya. AAJ’s fleet size stood at 2 aircraft at the end of the quarter under review.

[1] AirAsia Group Berhad Consolidated AOCs refers to AOCs whose financial and operational results are consolidated for financial reporting purposes and these are namely the Malaysian, Indonesian and Philippines AOCs.