AirAsia Group CEO Update

AirAsia Group CEO Tony Fernandes discusses the performance of the group’s new A320neo fleet and plans for accelerating fleet growth in 2017. He also provides his opinion on the new passenger facility charges for Kuala Lumpur International Airport’s Terminal 2, where AirAsia has its main hub, and Malaysia Airlines’ new commercial strategy. Mr Fernandes expects the group’s affiliates in India, Indonesia and the Philippines will become profitable by the end of 2016. A new affiliate in Japan meanwhile is planning to commence operations in early 2017.