Pursuant to Paragraph 10.08(1) of the Main Market Listing Requirements (“MMLR”) of Bursa Malaysia Securities Berhad (“Bursa Securities”), the Board of Directors (“the Board”) of AirAsia X Berhad (“AirAsia X” or “the Company”) wishes to announce that the Company and IAA has on 4 January 2016 entered into the Charter Agreement (“Agreement”) for the provision of twenty four (24) return flights between CGK and KUL which sums up to 8640 seats as a dedicated fly-thru connectivity with the Company’s current Kuala Lumpur – Jeddah (“JED”) – Kuala Lumpur operations and positive returns.

Please refer to the attachment for further details.

This announcement is dated 4 January 2016.