Air Asia Co. Ltd. · TWSE:2630
Air Asia — FY2025 Earnings Presentation
12 slides from Air Asia's earnings presentation, Apr 2, 2026
Slide 1: 2026 Investor Conference
2630 AIR ASIA Limited Company 2026 Investor Conference 2026/04/02 1
Slide 2: Disclaimer
Disclaimer The information contained in this presentation and its accompanying announcements, including content relating to business outlooks, financial operations, and business forecasts, is based on information derived from internal corporate data and external economic developments as a whole.
Slide 3: Financial Results
Financial Results
Slide 4: Statements of Comprehensive Income
Statements of Comprehensive Income (In NT$ thousands) Items Year 2025 Year 2024 Change Net Revenue 5,454,110 5,200,056 254,054 Operating Costs 4,889,585 4,737,697 151,888 Gross Margin(%) 10.4% 8.9% 1.5% Operating Expenses 273,635 264,960 8,675 Operating Margin(%) 5.3% 3.8% 1.5% Non-operating Expense
Slide 5: Revenue Analysis
Revenue Analysis Year 2024 Year 2025 BA. Aircraft maintenance ou B. Fleet maintenance and pricing of repair, supply and assembly of aircraft = C. Outsourcing repair and sale of aviation materials uD. Spare parts and accessory repair(self- repair) (NTS thousands) A B. Cc. D. 1,500,000 ;-——_______——_
Slide 6: Balance Sheets & Key Indices
Balance Sheets & Key Indices (In NT$ thousands) Items Year 2025 Year 2024 Change amount % amount % amount Cash and cash equivalents 226,727 4 155,614 3 71,113 Contract assets 1,312,926 23 1,364,969 24 (52,043) Accounts Receivable 1,674,494 29 1,411,862 24 262,632 Inventories 1,024,513 18 1,348,862 2
Slide 7: Performance Overview
Performance Overview
Slide 8: Main Government Business
Main Government Business Year 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 Contract GOCO 5Y NT$13.36B 5Y NT$13.36B GOCO 2Y 4Y NT$1.19B 5Y NT$1.76B (Songshan) NT$1.08B OH-58D 7Y NT$1.63B 7Y NT$2.08B TH-67 7Y NT$1.41B 8Y NT$1.81B CH-47SD 7Y NT$1.4B 8Y NT$1.2B NASC 2Y UH-6
Slide 9: Market Overview-MRO
Market Overview-MRO Driven by persistent delays in new aircraft deliveries, the average global fleet age has increased from 13.4 years in 2024 to 14.8 years in 2025. This aging profile remains a primary catalyst for sustained, strong momentum in the MRO maintenance market Heavy airframe maintena
Slide 10: Market Overview-MRO
Market Overview-MRO Driven by fleet growth and market demand, we remain committed to our core Asia market while actively pursuing expansion opportunities in Australia 10-year growth forecast for fleet and MRO demand, 2026-2036 Source: Oliver Wyman analysis
Slide 11: Business Development
Business Development Having secured CASA (Australia) and EASA certifications, the Company successfully obtained its first maintenance order from an Australian customer in 2026, with the aircraft already completed and redelivered We have completed line maintenance training for the B737 MAX, becom
Slide 12: Thank you
2630 AIR ASIA Limited Company Thank you
AIR ASIA Limited Company — FY2025 Earnings Presentation on 6ix