PRESS RELEASE

AirAsia X ​Berhad appoints new Group Chief Executive Officer

SEPANG, 1 November 2018 - ​ AirAsia X Berhad, Asia's leading long-haul low-cost carrier, today announced the re-designations of Co-Group CEO Datuk and Co-Group CEO Tan Sri Tony Fernandes as Non-Executive Directors. Datuk Kamarudin and Tan Sri Fernandes will both continue to oversee the strategic direction of the business and its operations as directors of AirAsia X Berhad.

AirAsia X CEO Nadda Buranasiri has been appointed as the new AirAsia X Group CEO, effective immediately.

Commenting on the appointment, Fernandes said today's announcement was an important one for the long-haul airline of AirAsia as it continues with its business transformation plans to take long-haul, value air travel to new heights.

He said: "AirAsia X pioneered long-haul, low-cost air travel 11 years ago on 2 November 2007 and continues to grow in line with consumer demand, which is gaining momentum world over.

"Nadda has had an exceptional career and brings a wealth of experience in a broad range of industries, including senior roles in sales, advertising, banking and the music industry, where I worked with him in 1996 in his role as Managing Director of record label MCA, which later became U​ niversal Music Thailand​. He joined the aviation industry in January 2014 as CEO of AirAsia X Thailand and has been instrumental in not only setting up our Bangkok-based long haul operations, but also making it one of the most successful and popular long-haul airlines in Asia. This is a great example of our internal talent development and succession planning for our key leadership roles.

Datuk Kamarudin said, "I would like to congratulate Nadda on his new appointment, and I look forward to working with him and the whole team at AirAsia X as we continue to grow and work towards creating a sustainable, viable long-haul business for the future in existing and new global markets."

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PRESS RELEASE

For more information, please contact:

Vanessa Regan Group Communications, AirAsia X M: +61 409 200 229 E: v​ anessaregan@.com