KL Trader Investment Research Articles

AirAsia (BUY) - AirAsia New Hub in Lion City

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Publish date: Wed, 09 May 2012, 10:38 AM
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AirAsia (BUY)

AirAsia New Hub in Lion City

  • According to Malaysian Insider, AirAsia has received approval to set up AirAsia Singapore in Singapore hub.
  • AAS will complement AirAsia existing regional hub in Southeast Asia, in improving routes connectivity and enlarge its existing network.
  • Despite potential tough competition from Tiger Airways, we are confident that AAS will be able to persist, leveraging on the group’s existing strong industry know-how, brand name, network, and low cost structures.
  • Due to Singapore Budget Terminal expansion, Tiger Airways and other LCCs will have to move their operations into Changi Airport (AirAsia is currently operating from here), eliminating their advantage of lower passenger tariffs.
  • Maintain Buy with unchanged target price at RM4.70.

Source: Hong Leong Investment Bank Research - 9 May 2012

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Be the first to like this. Showing 26 of 26 comments

Gajah

There goes the Malaysian dream. If that's the case why do we have to build you an expensive terminal???

2012-05-09 13:10

mr_investmentbanker

gajah putih ler..

2012-05-09 14:55

Jake

QPR will relocate to Singapore and play in the S-League next.

2012-05-09 15:16

Gajah

Hah, QPR relegated already? I thought one more game, but sure lose to champion

2012-05-09 15:23

Jester

hahaha.. hilarious jake..

2012-05-09 15:29

jasonttp

it's good luck for AirAsia. klia2 will open to every body not just for AirAsia. If AA cannot pay, why they can pay in Singapore. It's all a commercial game. Try to push the luck. That day AA ignore the statement of not moving to klia2, what's happen now? They are moving to some other country. Very funny.

2012-05-09 17:04

Namoyaki Takarajima

AirAsia flying South to Lion City today. AirAsia, where North meets West; build castle at the center. Building aviation empire in the middle of East and West. SMART!

2012-05-09 18:20

Mohd Shuk

Namo: Haha. Lama tak nmpk ko bro. ko ksunyian la ni. haha

2012-05-09 18:21

Namoyaki Takarajima

Bro! Wah, nice to see you again my bro! Aku tengah seronok membaca ni. :)

2012-05-09 18:37

Mohd Shuk

Buku apa bro?

2012-05-09 18:46

Namoyaki Takarajima

uicks! tengah baca buku Real Estate bro, hihihi

2012-05-09 18:57

Mohd Shuk

haha buku itu pula

2012-05-09 19:00

Namoyaki Takarajima

haha, lagi 2 tahun aku ajak ko pegi Singapore jumpa Adam Ryan lepak kat Sentosa Island... baca buku ni syok la bro! stim giler hahaha... boleh baca kat sini jer, free: http://www.amazon.com/2-Years-Million-Real-Estate/dp/0071471871/ref=pd_sim_b_6

2012-05-09 19:04

Namoyaki Takarajima

hahahaha... tengok, baca ler buku tu: awal2 lagi dah kena tembak!
"The way to get started is to stop talking and start doing. -Walt Disney yg kata. :)

2012-05-09 19:08

Mohd Shuk

wah bro ko btl2 lapar duit ni! Hihi. apa mcm? Kwn aku ckp apa? ko ada emel dia tak?

2012-05-09 19:09

Namoyaki Takarajima

hahaha.. Money For Nothing- kata Dire Straits. Ada, now aku tengah Online dengan dia, hihihi

2012-05-09 19:11

jester

hahaha.. namoyaki.. ada taste music!

2012-05-09 19:15

Namoyaki Takarajima

bro shuk, see, i've new friend walaupun kau dah meninggalkan aku, huk huk, this is why i like here, we make new friends, we advise each other, i notice some of the Big Chap are here too, tak sangka. hahahahaha... bro jester, whutsup man?

2012-05-09 19:26

Mohd Shuk

Big Chap tu apa bro>? ckp mlyu la...tak faham bahasa sepanyol la.Hihi

2012-05-09 19:29

jester

hahaha.. saje bertegur sapa..

2012-05-09 19:33

Namoyaki Takarajima

eh ada lagi bro aku ni. Big Chap macam Dato' dato, kawan2 yg ada ber-Profile tinggi. aku sempat tangkap mereka dengan nick name mereka, cara mereka menulis, cara cakap dan 'behaviour' atau perwatakan mereka, hahahaha... baguslah tempat ni! seriously!

2012-05-09 19:35

Mohd Shuk

Haha. tmpt ni skg byk pro2...ssh nak cari makan! hihi

2012-05-09 20:48

Namoyaki Takarajima

hahaha, lawak lah shuk ni, ada pro lagi lah bagus, tapi janagan pro in term of depa tu speculator and stimulator dah lah, bahaya.

2012-05-09 21:05

Mohd Shuk

Market ni bila dah ramai buat benda sama, direction market akan ubah!

2012-05-09 21:22

Gajah

Alamak kamu hijack ini discussion. Anyway, back to Brother Eagleis comment -Every politician, and in fact all citizens of the country who claim to love Malaysia, should focus on nation building instead of trying to bring down each other all the time

2012-05-09 23:00

Namoyaki Takarajima

Gajah & Eaglies! AGREED. 100%. Lets help each other and move towards a better life with a good and healthy lifestyle. Healthy lifestyle by all means; to support each other! (Think Positive!)

2012-05-10 06:55

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