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Overview
Financial Highlight
HeadlinesBusiness Background AirAsia Bhd provides air transportation throughout Asia. The airline operator focuses on delivering lower fares without a host of other amenities. It does not provide frequent-flyer miles or airport lounges, but looks to cater affordable transportation to all customers. In-flight meals and drinks are additional purchases available to customers. All short and long-haul flights are nonstop, and the company focuses on high frequency and high turnaround of flights. Operating segments are grouped by geographic regions. Revenue derived from Malaysia makes up the majority of revenue, but the company does hold material operations in several Asian regions.
  newbie1111 Tony still talking BS about bigpay superapp don't need all of money to build all these different features when all other fintech venture all require huge amount of money 25/09/2020 11:37 AM Ryan83 Huge losses next 2 quarters July-Sept and Oct-Dec as international borders still close.Another RM1-1.5billions net loss and NTA drops below 40sen. 26/09/2020 11:20 AM chamlo Tawau voters fear returning for polls due to Covid-19 https://www.themalaysianinsight.com/s/274771 26/09/2020 2:19 PM tkl88 Good news, perikatan nasional has won the Sabah election by 38 seats out of 73 seats ! So that our politic will be stable for another 3 years till 2023 election ! It’s good for our economy, like that next week KLSE will be spike up like mad already ! 27/09/2020 11:28 AM Warren ala carte Bad news for AirAsia as covid-19 cases spike up..damn la, have to hold long term already...dunno when can fly 27/09/2020 9:25 PM mf Market volatility expected to continue in the week ahead with Presidential debate and jobs report Patti Domm 27/09/2020 9:25 PM Onlineone Expected earliest to normalise to normal fligh pattern is around 2022. 28/09/2020 11:57 AM tkl88 Walaoeh, What happened? Damn hot man Airasia today ! Now Airasia already traded at => 0.685 (+0.015) (+2.2 %) ! Today Airasia probably will be closed at => 0.90 (+0.23) (+34.3 %) ! Huat ah ! Heng ah ! Ong ah ! 28/09/2020 2:57 PM ARCBEETLE AirAsia expected to have another round of retrenchments — source https://www.theedgemarkets.com/article/airasia-expected-have-another-round-retrenchments-%E2%80%94-source 28/09/2020 6:00 PM humbleisland Anyone who attended the AGM care to shed some light on any material or important questions/points raised? Was out for a meeting so was not able to attend :( 28/09/2020 6:07 PM mf Ratusan lagi pekerja AirAsia dijangka akan diberhentikan September 28, 2020 @ 6:55pm 28/09/2020 8:58 PM AllYouCanBuy Retrenchment is crucial to cut expenditure and book loss. It is expected in every airline going through the pandemic turbulence. 28/09/2020 10:15 PM tkl88 Wow, Dow Jones spike up to sky high ! As at 11.53pm, Dow Jones at=> 27,665.15 (+491.19) (+1.81 %) ! 28/09/2020 11:56 PM newbie5354_ Not economy recover no need? AllYouCanBuy Retrenchment is crucial to cut expenditure and book loss. It is expected in every airline going through the pandemic turbulence. 28/09/2020 10:15 PM 29/09/2020 7:47 AM newbie5354_ https://www.theedgemarkets.com/article/airasia-expected-have-another-round-retrenchments-%E2%80%94-source 29/09/2020 7:48 AM ToraToraTora The recent talk about 2nd wave of retrenchment comes as no surprises. Investing into AA stock is highly speculative now. The industry is not even near any recovery. Of course words coming out from the company have to be positive. But as an investor, we must be wise enough to know no one is flying right now. Most borders are still close. When traveling curb start to ease, are we expecting everything to go back to previous level overnight? if not, maybe its more prudent to buy into AA when things are clearer. It's not too late to buy when we are sure the biz is coming back. 29/09/2020 10:01 AM newbie1111 the airline is in desperation for survival, they need to cut all the capacity they can cut and remove all the workforce they can spare. they are not going to get back to the same earning potential they have on Jan 2020 until 2022. basically this company had become a lot smaller and need to get smaller to survive the next year. 29/09/2020 10:28 AM AllYouCanBuy https://www.theedgemarkets.com/article/airasia-will-survive-fernandes-predicts-shorthaul-flights-fastest-recover-%E2%80%94-report#.X3LsxUTZzHw.facebook 29/09/2020 5:09 PM rockycleft Those who gamble and buy aaxand aa May also soar to the sky and fly. The 30/09/2020 4:56 AM rockycleft Post vaccine period will be a golden period for air travel and leisure. TF, when the going gets tough, the tough gets going. Pride of Malaysia! 30/09/2020 5:05 AM  | |
