Taking small profits in good investments and letting losses grow in bad ones is a sign of abominable bad judgement...

The Airline Industry is on a GROWTH path for 2016-2017 !
(1) India passenger traffic is growing at 20% for domestic and 8% for the International market
(2) China’s aviation outlook is more than just bright; it is arguably the strongest it has been in its history. Chinese aviation is heading for an upturn over the next 10 years as part of its “golden era”!
(3) Iran …from almost any angle, Iran represents a remarkable aviation growth prospect. Iran is the second largest economy (pop. 80M) of the Middle East and North Africa region – behind Saudi Arabia. The re-opening of Iran presents a compelling proposition…
(4) Indonesia has a strong domestic market (the World’s 5th largest domestic market) but weak International passenger growth because of the stalling of its Economy and weak Rupiah.

Look at the business that is likely to succeed & the Industry that is growing...

Do not jump in & out & make small investments, else you are just wasting your time !

AAX achieving RM 1B revenue for 1Q16 may be difficult as it would mean a 17% increase in revenue over 4Q15 because passengers traffic has only improved by 7%.

Look at Thai AirAsia 1Q16, revenue is up 16% when passengers number improved by 18%. Most likely AAX revenue for AAX 1Q16 is estimated at RM 922M as RPK has only increased 8%.
Forex gain is about 5-7% or RM 50M only. No deferred tax expected.

Thai AirAsia at 1Q16 managed a operating margin of 28%. If AAX can do a 20-25% operating margin, then net income for 1Q2016 is about RM 234M to 280M.

Do not dream to fly above 50,000 ft, just cruise at 40,000 ft is good enough...

As in the past, AAX and AAB quarterly result announcements are done on the same day....
1Q16 results on Friday 27 May 2016 after market has closed...comprende?

If AAX net income for whole year FY16 achieves 415M for its 4148M total shares, it equats tp eps 10 sen per shr or worth RM1. 20 share pricing for AAX. So, only need 104M net income for 1Q16.....but fuel savings alone for first qtr is already RM 100M. Still mulling? ITiots?

If AAX gets 2 qtrs of consistent profits, the CEO has got its act together esp on cost control and 5th Freedom routes optimised. Fuel and Forex gains are just external factors that add a lot extra $$$ to the profits for this year. Trading and traders are always there but the important point is that you are buying into a good business (i.e. the LCC business that will continue to replace the full service airlines). Why Thai Airways, MAB, SIA & Cathay Pac are losng passengers and its business? Now that AAX and AAB has been working to get market share in this region over the past 5 yrs..... it's a new chapter altogether.
Just you wait to see AAX go a Leicester.... (forget about QPR, that is history)

Airline Alliance and code sharing are for losers... as they have to share aircrafts and passengers.
See Nok Air losses http://centreforaviation.com/news/nok-air-losses-widen-in-1q2016-554881

Thai AirAsia Revenue up 16% - financial highlights for three months ended 31-Mar-2016:
1Q16 Gross profit: THB2489 million (USD69.8 million), +57%;
1Q16 Net profit: THB1832 million (USD51.4 million), +99%;

FY2015 Net Profit was THB1991 million. 1st Qtr 2016 Net Profit almost hit the Net Profit for the whole year of 2015. Astounding first quarter and a good year (2016) coming for Airlines ....

D/Faye_Wong or Faye_Whats_her_name, you seem to be able to write very well. Perhaps we can get together for cafe, I shall the content and you write? txt me.

AirAsia has big plans coming for the Thai IPO listing & the largest LCCT terminal in Don Mueang airport in Asia. This terminal was revamped for LCCT carriers in 2013 after closing in 2007. Passenger growth is astounding from 6M passengers in 2012, 16M pass in 2013, 21M pass in 2014 to 30M passengers in 2015. Once Airasia corner this LCC market and this airport, it will be the top of the hill in Asia. That is one of the growth prospect for Air Asia as the Malaysian LCC market is almost saturated. I think this time Fernandez & Meranun may have got its act & focus together and have seen the bigger picture.
The plus points are that Thailand has double the pop of Malaysia and Bangkok is also the preferred hub for Europeans travelling to SE Asia.

BANGKOK: The owner of Leicester City Football Club (LCFC), King Power International Group is reportedly eyeing the takeover of Asia Aviation, operator of budget airline Thai AirAsia.

According to The Nation newspaper today, King Power, owned by billionaire Vichai Srivaddhanaprabha, planned to expand into the aviation sector in a bid to increase sales at its duty-free shops.

“The Srivaddhanaprabha family has reportedly spent three billion baht (RM1=8.55 baht) buying shares in Asia Aviation, leading it to become the largest shareholder in the airline company with a 23 per cent stake,” said the newspaper.

Vichai, who is also chairman of LCFC, the newly-crowned English Premier League champion, is Thailand’s ninth richest man according to the Forbes magazine last year.

Read more: http://www.theborneopost.com/2016/05/07/leicester-city-owner-eyeing-takeover-of-thai-airasia/#ixzz488gtniDt

Rayani Air suspended and Malaysia Airlines will be in limbo for next 6 mths without intense CEO Mgt, AirAsia will benefit when competition is in trouble. AAX-W up 50% since K Meranun bot in 18M shrs of AAX-W from Apr19-29. Conversion to AAX for AAX-W is 46 sen and expiry in 2020, so right now AAX should be worth 46+25=71 sen with Meranun's commitment and confidence.

sharing this twitter from @tonyfernandes: Long meeting with Ben and X. Ended in Wip for dinner. So impressed with X. Probably the most undervalued airline in the world. Let the nunbers speak. Wel done to all in Airasia X

I like AAX, so it is "Everyone can protest Xtra Strong".
Viva AMAX.

.. when Authority makes ridiculous demands, a Union would be formed to protest against it. The Airlines must thank the DCA boss for initiating the move to create a Airline Association (AMAC) and also thank MCA boss for suppoting a proposal that create more 'protest' groups in the country........Now Everyone Can Protest

Finding pattterns in random noise :-
Airlines are making profits with the low oil prices e.g. Cathay Pacific, RyanAir, AirNZ, TigerAir, MAB, SIA, AirAsia, etc. The full benefit of lower oil prices should be felt in 2016, when most fuel hedges will be based on the lower price environment seen in 2015 or Jan 2016.
Why AAX? Buy on the business that is on the turnaround as in many airlines in the world.

Which airline will do well will depend on how AAX can sort out its operating margin. Currently operating margins in AAX is 2%, AirAsia is 18%. Even a Greek airline like Aegean airline can do 10%. AAX and Airasia need to follow the Ryanair model and its achievement of 41% operating margin.
All Tony needs to do is to look for a clever CFO who understands Connectivity,Routes (& Airline Freedoms of the Air) and Margins. When AAX can achieve ave 15% operating margin, then it will be a 1 Ringgit share price.

Tony is borrowing 1B from bank or friends to put in more money for AirAsia (his own company). You only put more money into your own company if you believe that it is a good business. Dividend is also higher this year (4 sen - a 30% increase over last year). Share buybacks by Co or directors do not grow a company organically, it only helps in building confidence for shareholders. Tony's way is to put in more CASH (borrowed or otherwise) to grow the business and to control Asia's sky (like what Ryanair do to Europe and Southwest Airlines do to N.America). In an austere Economy, low cost carriers rule!

CIMB analyst knows nuthin' about Airlines to downgrade it to 15 sen. Nobody downgrades Airlines at these fuel prices. Boeing is laying off 4000 employees because of lower orders of aircraft. First, Airbus's wide body & more efficient aircrafts have stole most of their orders. Second, Airlines can continue to use old aircrafts because fuel is so cheap...