106
AirAsia X Berhad • Annual Report 2014
Transacting Parties
Nature of RRPTs
Class and relationship of the Related Parties
Actual value
7.
CaterhamJet
Global
Ltd
(“CJG”)
Annual payment in respect of chartered air travel
services to be provided by CJG for members of our
Board and key management for corporate and strategic
development activities of our Company to explore,
assess and implement our growth strategies and future
plans.
Such services allow for more flexibility in managing
their travel requirements.
Examples of such travel requirements include
governmental or ministerial meetings as well as
meetings with civil aviation and airport authorities,
including flights to Europe for meetings with our aircraft
supplier or financiers.
Interested Directors
Tan Sri Dr. Tony Fernandes
Datuk Kamarudin
Interested Major Shareholders
Tune Group
Tan Sri Dr. Tony Fernandes
Datuk Kamarudin
RM2,385,000
8.
Tune Box Sdn Bhd (“Tune
Box”)
Supply of in-flight entertainment system, hardware,
software, content and updates by Tune Box.
Interested Directors
Tan Sri Dr. Tony Fernandes
Datuk Kamarudin
Interested Major Shareholders
Tune Group
Tan Sri Dr. Tony Fernandes
Datuk Kamarudin
RM891,000
9.
Tune Box Avionics Sdn Bhd
Sale and maintenance of an in-flight entertainment and
connectivity (IFEC) solution.
Interested Directors
Tan Sri Dr. Tony Fernandes
Datuk Kamarudin
Interested Major Shareholders
Tune Group
Tan Sri Dr. Tony Fernandes
Datuk Kamarudin
-
10.
Tune Insurance Malaysia
Berhad (“Tune Insurance”)
Receipt of commission income of 25% on all insurance
premiums received by Tune Insurance pursuant to our
Company’s role as a corporate agent of Tune Insurance
for the provision of AirAsia Insure, a travel protection
plan which provides coverage for losses arising from,
amongst others, personal accident, medical and
evacuation, emergency medical evacuation and mortal
remains repatriation, travel inconvenience such as
flight cancellation or loss or damage to baggage and
personal effects, flight delay and on-time guarantee.
Interested Directors
Tan Sri Dr. Tony Fernandes
Datuk Kamarudin
Interested Major Shareholders
AirAsia
Tune Group
Tan Sri Dr. Tony Fernandes
Datuk Kamarudin
RM1,393,000
ADDITIONAL COMPLIANCE INFORMATION
