AIRASIA BERHAD

DISCLAIMER

1Q14

KEY HIGHLIGHTS – 1Q14

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Flat +7% +13% -11%

MALAYSIA INDONESIA

THAILAND MALAYSIA THAILAND INDONESIA

-1030% -65%

KEY HIGHLIGHTS – 1Q14

REVENUES GROWTH AND IMPROVED ANCILLARY

REVENUE

FARE PRESSURE FOR MAA, POLITICAL IN TAA AND

CURRENCY FOR IAA .

REVENUES OPERATING PROFIT

FLAT -5% +32% -1ppt

MALAYSIA INDONESIA

THAILAND

MALAYSIA THAILAND

KEY HIGHLIGHTS – 1Q14

COST REDUCTION ACROSS ALL AOC

AIRASIA STILL THE LEADER MALAYSIA MARGINS REMAIN ONE OF THE

HIGHEST - INDUSTRY LEADER

CASK (US CENTS) EBIT AND EBITDAR MARGINS

-2ppt -10ppt -7ppt -31ppt -25ppt

INDONESIA

-3% -16% -1%

INDONESIA

THAILAND

RASK (US CENTS)

MALAYSIA

RASK DECLINE MINIMISED EXCEPT FOR THAILAND

+7% +3% -5%

MALAYSIA INDONESIA

THAILAND

KEY HIGHLIGHTS – 1Q14

ANCILLARY STRATEGY PAYING OFF

ANCILLARY INCOME PER PAX

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+20% +22% -10%

PASSENGERS

CARRIED

RASK

CAPACITY

KEY HIGHLIGHTS – 1Q14

PLANS FOR CONSOLIDATION

OVERVIEW OF CONSOLIDATED STATISTICS

CASK LOAD

FACTOR

+5% -2ppt

• TIMELINE FOR CONSOLIDATION

Source: Bloomberg

-22% -20%

-14% -11%

-10%

-4% -4% -3% -1% -1% -1% -1%

1% 3% 3%

5% 6% 6% 7%

13%

17%

-25%

-20%

-15%

-10%

-5%

0%

5%

10%

15%

20%

NO

RW

EG

IAN

SP

ICE

JET

TIG

ER

AIR

SK

YM

AR

K

MA

S

TH

AI

RY

AN

AIR

IAG

SIA

ASIA

NA

CH

INA

EA

ST

ER

N

AN

A

KO

RE

AN

AIR

JET

BLU

E

CH

INA

SO

UT

HE

RN

AIR

CH

INA

SO

UT

HW

EST

GO

L

AIR

AR

AB

IA

WE

ST

JET

AIR

ASIA

EBIT MARGINS Jan – Mar 14

COMPETITIVE PRESSURES

– Despite competition, AirAsia has a robust model and

remains a leader

COMPETITIVE PRESSURES

– Regional updates

Airlines Updates

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OUTLOOK &

STRATEGY

REVENUE ENCHANCEMENT

ANCILLARY INCOME

• TO DRIVE CORE ANCILLARY TAKE UP.

• ON-BOARD WIFI

• DUTY FREE

• FLY-THRU

• PREMIUM FLEX

• INVENTORY TO BE AVAILABLE ON ALL GDS

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CRM

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• UPDATE ON COST REDUCTION EXERCISE

STRATEGY

• KLIA2 – The force use by MAHB to use SITA check in system and aerobridge still COST NEUTRAL

• AUTOMATION

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• AEROBRIDGES

• ROUTE RATIONALISATION

CAPACITY MANAGEMENT & CREATING VALUE FROM BALANCE

SHEET

• CAPACITY MANAGEMENT – 2015 and beyond

A. Fleet Order 2015 2016 2017 2018

CAPACITY MANAGEMENT & CREATING VALUE FROM BALANCE

SHEET

CREATING VALUE FROM BALANCE

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ASSOCIATES

THAILAND

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INDONESIA

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PHILIPPINES

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INDIA

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17

MAA TAA

IAA PAA

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FORWARD BOOKINGS