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Profile

HistoryIn 2001, Dato’ Sri Tony Fernandes along with Dato’ Pahamin Ab. Rajab (Chairman, AirAsia), Dato’ Kamarudin bin Meranun(Deputy Group Chief Executive Officer, AirAsia) and Abdul Aziz bin Abu Bakar (Director, AirAsia) formed a partnership to setup Tune Air Sdn Bhd and bought AirAsia for a token sum of RM1.00. With the help of Conor Mc Carthy (Director, AirAsia; Di-rector, former Director of Tune Air Sdn Bhd and former Director of Group Operations, Ryanair), AirAsia was remodeled into alow cost carrier and by January 2002, their vision to make air travel more affordable for Malaysians took flight.

OwnershipPublic listed

Statistics2003 2004 2005 2006 2007

TrafficPassengers carried 1,481,097 2,838,822 4,414,069 5,719,411 8,737,939RPK (million) 1539 2771 4881 6702 9863ASK (million) 2086 3592 6525 8646 12391Load Factor 74 77 75 78 80Employees 648 1382 2016 2224 2924Number of destinations 11 26 52 65 75Fleet 7 13 19 26 34Financial (Malaysia ringgits)Operating Revenue 330 393 718 1071 1603PassengerCargoOther

Operating Cost 318 332 596 997 1322Net Result 19 49 101 202 498

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The airline todayValued at RM3.3 billion, AirAsia is

today an award winning and the

largest low cost carrier in Asia. From a

two aircraft operation of Boeing 737-

300, AirAsia currently boasts a fleet of

70 aircraft that flies to over 50 do-

mestic and international destinations

and operates over 400 domestic and

international flights daily from six

hubs located at Low Cost Carrier Ter-

minal (KLIA), Johor Bahru, Kota Kina-

balu, Kuching, Bangkok (Thailand)

and Jakarta (Indonesia). AirAsia is

fast spreading its wings to create a

bigger and more extensive route net-

work through its associate companies,

Thai AirAsia and Indonesia AirAsia.

The airline has carried, thus far, over

50 million guests since its first day of

operation.

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Destinations% of total traffic No of destinations

Asia 100% 100%

Cabin classesA single passenger class

FleetManufacturer Model In service On orderAirbus A320 40 135Boeing 737-300 27 0

Future plansTo be the largest low cost airline in Asia and serving the 3 billion people who are currently underserved with poor connectiv-ity and high fares.

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CEO profileTony is a member of the prestigious Young Global Leaders organization. Hejoins the ranks of 237 of the world’s elite leaders and individuals who havecommitted their knowledge and expertise to engage in major global under-takings to shape the future. Tony is the recipient of the International HeraldTribune award for the Visionaries & Leadership Series, for his outstanding workin AirAsia.

In Dec 2003, Tony was named “Malaysian Chief Executive Officer of the Year2003” by American Express and Business Times. In 2004, he garnered theEmerging Entrepreneur of the Year – Malaysia 2003 Award by Ernst & Young,and was also named Asia Pacific Aviation Executive of the Year 2004 by theCentre for Asia Pacific Aviation (CAPA).

A familiar face in the aviation industry as well as on an international level,Tony has headlined the covers of Airline Business magazine, Asian Wall StreetJournal, New York Times, International Herald Tribune, and featured on count-less international publications such as South China Morning Post, FinancialTimes, Far Eastern Economic Review, The Economist, and many more. Recog-nized for his unique leadership and entrepreneurial skills, Tonywas named BusinessWeek’s 25 Stars of Asia in 2004. In 2005,AirAsia made it to Forbes’ annual listing of the “Best under aBillion” companies in Asia.

Most recently Tony was named the winner of Airline BusinessStrategy Award for Regional and Low Cost Leadership by Air-line Business. On the home front Tony was conferred the Dar-jah Datuk Paduka Tuanku Ja’afar (DPTJ) which carries the titleDato’ by the Negeri Sembilan’s Yang DiPertuan Besar TuankuJa’afar Tuanku Abdul Rahman in conjunction with His Majesty’s83rd birthday in recognition of his services rendered to thebetterment of the nation and community.

He received the commendation of Prestige award from MacauSpecial Administrative Region in 2008 and is a member of theInstitute of Chartered Accountants in England and Wales(ICAEW) which is the largest professional accountancy body inEurope.

CEO contribution to the evolution of the airportUnder Tony’s leadership, the fledging airline with a RM40 million debt became a blooming, thriving business. Under his wings,Today, AirAsia is the leading and largest low fare, no frills airline in Southeast Asia, which has flourished into a household namein Malaysia, Thailand and Indonesia. The multi award winning airline is the recipient of the Asia Pacific Low Cost Airline of theYear 2004 by Centre for Asia Pacific Aviation (CAPA), and the Market Leadership Award by Air Transport World (ATW) magazine.In addition, AirAsia also clinched the prestigious Euromoney award for Asia’s Best Managed Company in the Airlines & Avia-tion Sector.On 22 November 2004, Tony led AirAsia on a successful listing on the main board of Bursa Malaysia (Malaysia StockExchange) with shares over subscribed by 3 times. The Company was awarded the Best IPO of the Year by The Edge Singaporeand also won the Best Newly Listed Company (3rd place) by Euromoney as well as the Triple A Regional Award for the Best Air-line IPO for 2004 awarded by the Asset Magazine. AirAsia currently has a market capitalization of RM4.2billion (USD1.1billion).

CEO statement“AirAsia’s introduction to the aviation industry as an innovator has grown

to the extent it is now a leader that sets the benchmark.“>>>><<<<