AirAsia Berhad (“AirAsia” or “the Company”) is pleased to announce that it has signed a Purchase Agreement with Airbus S.A.S (“Airbus”) to purchase two hundred (200) Airbus A320 NEO aircraft (“A320 NEO Aircraft”). 

With the purchase of the A320 NEO Aircraft, the aggregate total of AirAsia’s aircraft order for the AirAsia Group including the current A320 aircraft will be three hundred and seventy five (375) aircraft orders comprising one hundred and seventy five (175) firm orders of the current A320 aircraft and two hundred (200) firm orders of the A320 NEO Aircraft.

The A320 NEO Aircraft shall be equipped with set of a new engine type developed by CFM International called the LEAP-X1A26 engine (“the LEAP-X Engine”).  In respect of the LEAP-X Engine, the Company has also signed a Purchase Agreement together with the Rate per Flight Hour Agreement for engine maintenance services (collectively “the LEAP-X Engine Agreements”). 
  
The A320 NEO Aircraft Purchase Agreement and the LEAP-X Engine Agreements were signed in Paris on 23rd June 2011. 

Kindly refer to the attachment for further details.

This announcement is dated 23rd June 2011.