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Page 1
PT. AirAsia Indonesia Tbk
       (IDX Ticker: CMPP)
Tangerang, 16 November 2023
Page 2
2023 Events Highlight
                                1Q-23                                                                         2Q-23
                            Induction of new aircraft                          Inaugural flight
                            MSN 3875 (PK-AZQ)                                  Jakarta(CGK) -
                                                                              Kuching (KCH)//
                                                                              Jakarta (CGK) -
                                                          Induction of new        Labuan Bajo
                                                          aircraft MSN 3813              (LBJ)
                                                          (PK-AZR)
                                                                                                  AirAsia has been voted the World's Best
                                                                                                  Low-Cost Airline at the Skytrax World
                                                                                                  Airline Awards 2023 (Skytrax) for an
                                                                                                  unprecedented 14th consecutive time.
                            Induction of new aircraft
                            MSN 3610 (PK-AZS)
                                                                                                                  AGMS appointing
                                                                                                                   Achmad Sadikin
                                                                                                                  Abdurachman as
                                                                                                             Director the Company


                                                                                                         Collaboration with
                                                                                                         Tourism Western
Launching Lake Toba livery aircraft                                                                      Australia




                     International flight terminal move                          AirAsia became an official partner for
                     to Terminal 2F Soekarno-Hatta                                 Indonesian Athletes and the official
                     International Airport                                      team participating for the Sea Games
                                                                                                                 2023
                                                                                                                                            2
Page 3
  2023 Events Highlight
                                                                      3Q-23
                            Inaugurated the opening
                            of two AirAsia Travel &
                            Service Center (ATSC)
                            sales service offices in
                            Jakarta.

                                                                                             Premier of Western        Deputy Sec.Gen ASEAN
                                                       Speaking at Indonesia-China Forum
                                                                                             Australia                 Satvinder Singh
                                                       on Connectivity
        IATA Operational
             Safety Audit                                                                                                            Engagement with Key
      (IOSA)Certification                                                                                                            Government Officials
                    2023                                                                                                             seeking their Support for our
                                                                                                                                     Operations and Expansions
                                                                                           Minister of Industry
                                                       Coordinating Minister               Agus Gumiwang          Minister of BUMN
                                                       Airlangga Hartarto                                         Erick Thohir
                        Launching DEI Indonesia
                        Committee                                              A strategic partnership, MOU Signing with
                                                                               between Capital A and Garuda Indonesia
                                                                                        Group. This MOU is an interlining
                                                                                partnership between AirAsia and Citilink.


China visit to expand the                                                           Signing agreement with IT-DEL on The
          routes to China                                                           Internship Program “Kampus Merdeka” by
                                                                                    the ministry of Educations.

                                                                                                                                                                     3
Page 4
2023 Recaps of Successes

              Travel Recovery                            Regaining International Capacity
                                                  Recovery
                                                  #1 International player in Indonesia with largest
                                                  International market share.
    Indonesia airline industry is progressively
1   recovering                                          Travel Demand
                                                  Passenger carried increased by up to 109% compared to the
                                                  same period in 2022.
2   Continuous trend of travelling post-Covid
                                                        Improving on Revenue
    Both Domestic and International travel        The Company's revenue for the current period has almost
3   demand increased                              doubled compared to the same period in the previous year
                                                  and is expected to continue increasing until the end of 2023.


    Strengthening key market countries to               Launch New Domestic &
4   continue dominate international                     International Route
    leadership                                    Throughout 2023 IAA launched new routes:
                                                  3 Domestic Routes: CGK-TKG, CGK-LBJ, DPS-BDJ.
                                                  3 International Routes : CGK-PER, CGK-PNH, CGK-KCH.


                                                                                                                  4
Page 5
2023 Operational Statistics
Operations Statistics Indonesia AirAsia 2023



          Serviceable fleets A320 (180 seats)        KNO 2
     23   from total available 30



          Routes: 14 Domestic and 21 International
    35    with total weekly freq 400x as of
          September 2023



               Load Factor increasing 5.7 pts
    84,8%      compare with September 2022
                                                             CGK 9   SUB 4
              Total volume passengers of QZ
    4,5   mil international and domestic as of                               DPS 8
              September 2023




                                                                                     5
Page 6
2023 Financial Highlights
 9M22                      9M23         9M22                       9M23


  IDR      Revenue ▲ 97%    IDR         IDR       OPEX▲ 46%         IDR
 2,508                     4,934       3,811                       5,546
 Billion                   Billion     Billion                     Billion




  IDR      EBITDA ▼ 96%     IDR                  AVG Fare ▼ 13%
                                        IDR                         IDR
 -718                      -30       1,034,992                    923,455
 Billion                   Billion




            RASK ▼ 16%                            CASK ▼ 38%
  IDR                       IDR         IDR                         IDR
  770                      646         1,170                       726



                                                                             6
Page 7
2023 Key Financial Metrics
(Currency in IDR billion, unless otherwise specified)

                        INDICATOR                       9M2023      9M2022          Change
   Revenue                                               4,934       2,508      ▲    97%


   Fuel                                                   2,277       1,234     ▲    85%

   Repairs & Maintenance                                  1,026       463       ▲    122%
   Aircraft & Flight Services                             718          217      ▲    231%
   Other Expenses                                         1,525       1,897     ▼    -20%
   Total Operating Expenses                              5,546        3,811     ▲    46%


   EBIT                                                   (612)      (1,303)    ▼    -53%

   EBITDA                                                 (30)        (718)     ▼    -96%


   RASK (IDR)                                             646         770       ▼    -16%
   CASK (IDR)                                             726         1,170     ▼    -38%
   CASK ex Fuel (IDR)                                     428          791      ▼    -46%
   Average Fare (IDR)                                   923,455     1,034,992   ▼    -11%
   Aircraft Fleet                                          30          24       ▼     6
   ASK (mill)                                            7,638        3,257     ▲    135%
   Capacity ('000)                                      5,328,180   2,736,000   ▲    95%
   Load Factor (%)                                        85%         79%       ▲     6


                                                                                             7
Page 8
2023 Indonesia AirAsia Flight Route Network
14   Domestic
     Routes        133      Weekly
                            Frequency
                                                           21   International
                                                                Routes           267   Weekly
                                                                                       Frequency      96     Weekly
                                                                                                           k Capacity
           48k
                 Weekly
                 Capacity

 Route and Weekly Frequency                      Routes and Weekly Frequency                Routes and Weekly Frequency
Jakarta     -      Denpasar            47x      Denpasar   -           Perth       21x      Medan      -         Penang             6x
Jakarta     -       Medan              10x      Jakarta    -           Perth       3x      Surabaya    -       Kuala Lumpur        28x
Denpasar    -     Labuan Bajo          14x      Jakarta    -       Phnom Penh      2x       Jakarta    -         Kuching            3x
Denpasar    -      Surabaya            19x      Jakarta    -       Johor Bahru     5x     Yogyakarta   -        Singapore          6x
Denpasar    -     Yogyakarta            7x      Penang     -        Surabaya       7x       Jakarta    -        Singapore          39x
Denpasar    -      Bandung              5x      Surabaya   -       Johor Bahru     5x      Denpasar    -        Singapore          35x
Denpasar    -        Solo               4x      Jakarta    -         Penang        6x      Surabaya    -        Singapore           4x
Surabaya    -       Lombok              7x      Lombok     -      Kuala Lumpur     7x      Denpasar    -         Bangkok            7x
Jakarta    -      Labuan Bajo          4x        Medan     -      Kuala Lumpur     14x      Medan      -         Bangkok            8x
Jakarta    -    Bandar Lampung         6x       Denpasar   -      Kuala Lumpur     14x      Jakarta    -         Bangkok           21x
 Medan     -         Aceh               1x      Jakarta    -      Kuala Lumpur     26x                                        *Unique Route

Denpasar   -      Balikpapan            2x
Jakarta    -        Silangit            5x
Labuan
                   Surabaya             2x
  Bajo     -
                                *Unique Route


                                                                                                                                    8
Page 9
2024 Plan

Operational Goals




   Key focus

                    9




 Strategic plan




                        9
Page 10
THANK YOU
Page 11

          
Page 12
Q&A

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