Annual Report 2019

01 ABOUT US	8
AirAsia Group Key Highlights	10
Vision and Mission	12
Our Network & Statistics	14
2019 Highlights	16
Notice of Annual General Meeting	22
Corporate Information	34
Corporate Structure	36
2019 Financial & Investor Calendar	38
2019 Awards & Accolades	40
02 LEADERSHIP	46
Directors	48
Senior Management Team	56
Airline CEOs	61
Non-Airline CEOs	65
03 PERFORMANCE REVIEW	72
Five-Year Financial & Operating Highlights	74
Ten-Year Revenue Highlights	75
2019 Share Performance	76
Market Capitalisation	76
04 PERSPECTIVE	80
Management Discussion & Analysis	82
05 BUSINESS REVIEW	98
Airlines	100
AirAsia Malaysia	100
AirAsia Thailand	100
AirAsia Indonesia	101
AirAsia Philippines	101
AirAsia India	102
AirAsia Japan	102
AirAsia X	103
Airline Ancillary	104
Ground Team Red	106
RedBeat Ventures (RBV)	108
AirAsia.com	109
BigPay	110
BIGLIFE	111
Teleport	112
OURSHOP	113
Santan	113
T&Co	114
FORMAT	114
06 SUSTAINABILITY STATEMENT	118
Introduction	120
Economic	135
Environmental	146
Social	156
07 FINANCIAL STATEMENTS	182
Accountability	184
Corporate Governance Overview Statement	184
Audit Committee Report	193
Statement on Risk Management and Internal Control	197
Additional Compliance Information	203
Reports and Financial Statements	208
AirAsia Group Berhad Financial Statements	208
Other Additional Information	340
Form of Proxy	349

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