AirAsia optimistic for further ASEAN growth following profitable 1Q2011

AirAsia has recorded a 52% increase in group operating profit for 1Q2011, fuelled by strong performances in Malaysia and Thailand, despite the rise fuel prices. The low-cost carrier group is confident it can continue turning profits for the remainder of 2011 and is even more bullish on 2012, when it expects a significant improvement in the performance of its Indonesian affiliate and contributions from its planned new affiliates in the Philippines and Vietnam. [2166 words]

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This report contains the following charts and tables:

• AirAsia Group 1Q2010 vs 1Q2011 financial highlights
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• AirAsia financial highlights by carrier/affiliate: 1Q2011 vs 1Q2010
• AirAsia operating statistics by carrier/affiliate: 1Q2011 vs 1Q2010
• AirAsia first quarter RASK growth: 2009 to 2011
• AirAsia anciallary revenue growth: 4Q2008 to 1Q2011
• AirAsia fleet allocation