AirAsia Group Berhad Q1 2018 preliminary operating statistics

April 27, 2018 M A

For the 1st Quarter of 2018

SEPANG, 27 April 2018 - AirAsia Group Berhad is pleased to announce the operating statistics for the 1st Quarter of the 2018 Financial Year (“1Q18”).

AirAsia Group Berhad Consolidated AOCs[1] posted a strong load factor of 87% and 19% increase in seat capacity during the quarter under review. Despite the significant increase in capacity, load factor was only slightly down by 2 percentage points as compared to the same period last year. The total passengers carried increased by 16% year-on-year to 10.65 million passengers, in line with the added capacity. In the quarter under review, AirAsia Group Berhad Consolidated AOCs total fleet size grew to 123 aircraft, comprising 87 in Malaysia (AirAsia Berhad), 15 in Indonesia (PT AirAsia Indonesia Tbk) and 21 in the Philippines (Philippines AirAsia Inc). Indonesia commenced operations of 3 new routes – 2 from Medan and 1 from Padang. Philippines commenced operations of 4 new routes, all originating from Clark since establishing the airport as a hub. Malaysia increased frequencies on 13 routes – 7 from Kuala Lumpur, 5 from Kota Kinabalu and 1 from Johor Bahru. Indonesia recorded a capacity increase of 1% year-on-year to 1.39 million, however passengers carried was slightly lower by 2% year-on-year at 1.12 million owing to the impact from Mount Agung’s volcanic activities. As such, load factor for the quarter was recorded at 80% or 3 percentage points lower year-on-year. Indonesia increased frequencies on three routes originating from: Medan-2 and Jakarta-1. Philippines passengers carried grew by 39% year-on-year, with a significant increase of 47% in seat capacity during the same period. As a result, load factor was recorded at 87%, 5 percentage points lower year-on-year.

Thai AirAsia (“TAA”) reported a load factor of 91%, increasing by 2 percentage points from the same quarter in 2017. The number of passengers carried during the quarter was 5.64 million, an increase of 16% year-on-year, which was higher than the 15% growth in seat capacity. In 1Q18, TAA grew its total fleet to 59 aircraft, added 3 aircraft during the said quarter. For the said quarter, TAA commenced operations of 7 new routes originating from: Bangkok (Don Mueang) – 4, Phuket – 2, Chiang Mai – 1. Frequencies were increased on 11 routes originating from Bangkok (Don Mueang) and 1 route originating from Pattaya (U-Tapao). As a result of route revenue and capacity management, Bangkok (Don Mueang) to Tiruchirappalli, Chiang Mai to Ubon Ratchathani, and Ubon Ratchathani to Pattaya (U-Tapao) were terminated.

AirAsia India (“AAI”) carried 1.47 million passengers in 1Q18, an increase of 74% compared to the same quarter in 2017. Load factor was reported at 83%, down by 6 percentage point year-on-year, as a result of an 87% increase in capacity. AAI ended the quarter with a fleet size of 16 aircraft after adding 2 aircraft during the quarter. AAI commenced operations of 6 new routes originating from: Bengaluru–3; Chennai–1; Goa–1; Kolkata–1.

AirAsia Japan (“AAJ”) achieved a load factor of 79% in 1Q18, up 15 percentage points quarter-on-quarter. AAJ carried over 50,000 passengers during the quarter under review, which was up 77% quarter-on-quarter. At the end of the quarter, AAJ’s fleet size stood at 2 aircraft.

[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.

AirAsia Group Berhad Consolidated AOCs – Malaysia, Indonesia & Philippines