In brief
AirAsia X says it will include internal financial targets in its disclosures to provide investors and other stakeholders with more information about its performance. The guidance will cover revenue, EBITDA and non-margin measures, and the company plans to publish targets with each quarterly financial report, beginning with its Q42024 and Full Year 2024 results. Chairman Dato’ Fam Lee Ee said the targets are intended to support accountability and planning across aviation and non-aviation operations. The company says the disclosures are meant to give analysts and investors greater insight into its financial fundamentals and operating environment. AirAsia X emphasizes that the targets represent management aspirations only and are not estimates, forecasts or projections under Bursa Malaysia’s standards.
Key takeaways
- AirAsia X plans to publish internal targets alongside each quarterly financial report.
- The guidance will cover revenue, EBITDA and non-margin measures.
- The first disclosure is planned with the Q42024 and Full Year 2024 results.
- The company says the targets are management aspirations, not financial estimates, forecasts or projections.
SEPANG, February 25, 2025 -- AirAsia X (AAX) is reinforcing its commitment to transparency and accountability by introducing internal targets as part of its financial disclosures. This initiative aims to provide greater clarity on the company’s financial performance, aligning with Bursa Malaysia’s regulatory framework to support informed decision-making among investors and stakeholders.
The introduction of internal targets reflects AAX’s drive to elevate corporate governance standards by providing clear guidance to the investment community on its financial performance and value-creation strengths. By enhancing visibility into revenue, EBITDA, and other key financial metrics, the company aims to facilitate a more accurate assessment of its market position and growth potential.
Under the new structure, AAX’s consolidated financial guidance will outline revenue performance, EBITDA, and non-margin metrics.
Dato’ Fam Lee Ee, Chairman of AirAsia X said: “As we accelerate towards becoming a leading airline group and evolve into one of the region’s largest aviation groups, setting clear financial targets is a critical step in ensuring transparency, accountability, and sustainable growth. Given the scale of our multi-country operations, these targets will serve as our true north, keeping us focused on creating long-term value for our shareholders and broader stakeholders.
“This initiative strengthens accountability across all operational areas, spanning aviation and non-aviation business segments. We can optimise efficiencies, finetune budgets, establish realistic forecasts, and drive strategic decision-making by setting structured financial goals. It also provides financial analysts and investors with deeper insight into our fundamentals, operating environment, and anticipated profitability ensuring we remain agile, responsive to market shifts, and well-positioned for continued success.”
Moving forward, AAX will share internal targets alongside each quarterly financial report, starting with its Q42024 and Full Year 2024 Financial Results disclosure. These internal targets are solely management aspirations and do not constitute financial estimates, forecasts, or projections under Bursa Malaysia’s financial forecasting and disclosure standards.
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Questions around this news
What financial measures will AirAsia X include in its internal targets?
The company says its consolidated financial guidance will cover revenue performance, EBITDA and non-margin metrics. It presents the targets as a way to give investors and other stakeholders more visibility into financial performance across its aviation and non-aviation business segments.
When will AirAsia X begin sharing internal targets?
AirAsia X plans to publish internal targets alongside each quarterly financial report. The first disclosure is scheduled to accompany its Q42024 and Full Year 2024 financial results.
Why do companies disclose internal financial targets?
Companies may disclose targets to explain management’s priorities, provide context for assessing performance and support accountability. Targets can also help investors understand which financial measures management is emphasizing. They are not guarantees of results, and their meaning depends on how a company defines and reports them.
Earlier from AirAsia X
- AirAsia X reigns as the World’s Best Long-Haul Low-Cost Airline for the second consecutive year at the World Travel Awards 2024
- AirAsia X expands its horizons to Africa with maiden flight to Nairobi
- AirAsia X inaugurates flight to Nairobi, the safari capital of the world
- AirAsia X shareholders unanimously back value accretive acquisition of Capital A’s aviation business
- AirAsia X commemorates service resumption to Chongqing – China’s Mountain City
