1 usd = RM4.05 already, expect more panic selling

1 usd = RM4.05 already, expect more panic selling

Weak March 2016 air freight volumes point to another difficult year, says IATA

KUALA LUMPUR (May 5): Global air freight markets for March 2016 showed a 2.0% drop in volumes measured in freight tonne kilometers (FTKs) compared to the same period last year, according to the International Air Transport Association (IATA).

In a statement May 4, IATA said that in contrast, freight capacity (measured in available freight tonne kilometers or AFTKs) rose by 6.9%, putting increased pressure on already struggling yields.

It said the weak results reflect subdued growth in world trade, exaggerated by the comparison to a particularly strong start to 2015 when air freight volumes were boosted by the effects of the US West Coast seaports strike.

IATA said the most significant fall in demand was reported by carriers in Asia-Pacific and North America.

It said that combined, they accounted for around 60% of global freight traffic and reported declines of 5.2%, and 1.8%, respectively.

IATA director general and CEO Tony Tyler said it is shaping up to be another tough year for air cargo.

“February 2016 world trade volumes were only 0.4% higher than at the end of 2014. And the expectations of purchasing managers gives little optimism for an early uptick.

“The combination of fierce competition, capacity increases and stagnant demand makes this a very difficult environment in which to generate profits,” he said.

Weak March 2016 air freight volumes point to another difficult year, says IATA

KUALA LUMPUR (May 5): Global air freight markets for March 2016 showed a 2.0% drop in volumes measured in freight tonne kilometers (FTKs) compared to the same period last year, according to the International Air Transport Association (IATA).

In a statement May 4, IATA said that in contrast, freight capacity (measured in available freight tonne kilometers or AFTKs) rose by 6.9%, putting increased pressure on already struggling yields.

It said the weak results reflect subdued growth in world trade, exaggerated by the comparison to a particularly strong start to 2015 when air freight volumes were boosted by the effects of the US West Coast seaports strike.

IATA said the most significant fall in demand was reported by carriers in Asia-Pacific and North America.

It said that combined, they accounted for around 60% of global freight traffic and reported declines of 5.2%, and 1.8%, respectively.

IATA director general and CEO Tony Tyler said it is shaping up to be another tough year for air cargo.

“February 2016 world trade volumes were only 0.4% higher than at the end of 2014. And the expectations of purchasing managers gives little optimism for an early uptick.

“The combination of fierce competition, capacity increases and stagnant demand makes this a very difficult environment in which to generate profits,” he said.

Weak March 2016 air freight volumes point to another difficult year, says IATA

KUALA LUMPUR (May 5): Global air freight markets for March 2016 showed a 2.0% drop in volumes measured in freight tonne kilometers (FTKs) compared to the same period last year, according to the International Air Transport Association (IATA).

In a statement May 4, IATA said that in contrast, freight capacity (measured in available freight tonne kilometers or AFTKs) rose by 6.9%, putting increased pressure on already struggling yields.

It said the weak results reflect subdued growth in world trade, exaggerated by the comparison to a particularly strong start to 2015 when air freight volumes were boosted by the effects of the US West Coast seaports strike.

IATA said the most significant fall in demand was reported by carriers in Asia-Pacific and North America.

It said that combined, they accounted for around 60% of global freight traffic and reported declines of 5.2%, and 1.8%, respectively.

IATA director general and CEO Tony Tyler said it is shaping up to be another tough year for air cargo.

“February 2016 world trade volumes were only 0.4% higher than at the end of 2014. And the expectations of purchasing managers gives little optimism for an early uptick.

“The combination of fierce competition, capacity increases and stagnant demand makes this a very difficult environment in which to generate profits,” he said.

1USD = RM4

Blog: Becareful when someone promoting their stocks - Latitude Tree, AAX for example

Oh yes, identity crisis ! kikikikiki !

If AAX-WA goes down to 0.17, everyone is invited to kick childish without thinking twice. Remember my name, MrPouper and not MrPauper ! LOL

result already priced in, once result out i think it will drop below 0.30 again

1 USD = RM3.98, more selling expected

1USD = RM3.98 already, expect more selling this week, WA will follow and drop more, below 0.17 soon

Where is xxhai JJchan, hiding ? my foot !

Warren Buffett said, through reading Annual Reports of the companies in the past, notice did management deliver what they promised? Did they admit their mistakes in the past? [If you look at the past few quarters results, AA suffered massive losses from USD loan! So did Tony admit the mistake? No loh!]

Warren Buffett uses Owner's earning instead of Net Profit to calculate real value of the company. Owner's earning is net profit add back depreciation and minus capital expenditure. Depreciation of AA is approximately 500-700 million a year, capital expenditure is about 1.6b. It's a big NO NO for Airasia if you consult Warren Buffett.

Zero Sum Game. If you add up all those investment put in the Malaysia airline industry and add up all the profit numbers made by airline companies, most likely you will get a big negative figure. Negative Sum Game in fact.

where is Sxxai JJchan ? limit up ? my foot !

within few months, seven pilots medical leave on the same day, nasi lemak cicak and now more than 10 flights including Indon delayed or cancelled on the same day n not responsible, WTF, what so proud about Airasia

Tuesday panic selling

亞航週六晚10多趟航班延誤或取消

（雪蘭莪‧雪邦1日訊）廉價航空公司亞航（Air Asia）原定昨晚從吉隆坡第二國際機場（KLIA2）起飛的多趟航班，不知何故突然宣佈延誤或取消，加上當時亞航柜台的服務員不多，造成數百名乘客在亞航柜台附近大排長龍。

這是亞航1996年營運20年來，單日最多航班出現狀況的一次。亞航發言人今天雖然致歉，但並未說明事發原因。

據星洲日報報道，昨晚共有四趟航班延誤，兩趟取消。延遲航班包括原定下午6時起飛前往中國長沙的AK0174班機、原定晚上8時20分起飛前往吉打亞羅士打的AK6014班機、原定晚上8時40分起飛前往泰國普吉的AK0822班機，以及原定晚上8時50分前往柔佛新山的AK6048。

取消的航班則有原定晚上9時45分前往印度真奈的AK0013班機，及原定晚上10時15分前往中國深圳的AK0128班機。

據東方日報報道，受影響的亞航班機，還包括飛往檳城、菲律賓馬尼拉與泰國普吉島的航班。

據印尼媒體Okezone報道，原定當地時間晚上8時20分從雅加達飛往吉隆坡的AK378亞航航班也取消，導致上百乘客滯留在雅加達國際機場。原定當天下午1時10分從泰國廊曼機場飛往吉隆坡的亞航班機，也延誤將近八小時。

吉隆坡第二國際機場的亞航柜台人員受詢時，都表示無法回應此事。

亞航發言人今天表示，昨天多趟航班受影響而導致乘客不便，亞航對此非常遺憾。發言人表示，亞航已採取一切措施讓營運恢復正常，並減少受影響航班。他也指所有受影響乘客都已接獲通知，並已獲得必要協助。（聯合早報）

Hundreds of passengers fume after cancellations, delays ground AirAsia flights
BY JAMES SIVALINGAM - 1 MAY 2016 @ 11:51 AM

KUALA LUMPUR: Hundreds of AirAsia passengers were left fuming yesterday following a raft of flight cancellations and delays by the low-cost carrier.

It was understood that the flight cancellations and delays involved not only local destinations, but also those abroad.

Among the routes which experienced delays or cancellations yesterday included Hong Kong and some destinations in India.

One Facebook user Latha Ravi, took to social media to vent her frustration over her flight's cancellation.

According to her posting, AirAsia had only informed her about the cancellation three hours prior to the flight's scheduled depature.

“How are you going to compensate for loss of hotel night and stress of rebooking?” she asked.

Another user, Clementine Windisch said, “First they promise you to refund your money, then they do not respond on your requests anymore.

“No one feels responsible, it's an eternal circulation," said Windisch.

A similar situation had occurred in Decemberlast year, with a series of lengthy delays affecting AirAsia flights. The problem had been blamed on a "flu epidemic" which apparently saw 12 pilots take sick leave.

In a statement late last night, AirAsia confirmed that it had been experiencing flight disruptions.

However, the airline would not comment on the cause of the delays and cancellations.

"AirAsia confirms that we have been experiencing some flight disruptions since Saturday evening which had caused inconveniences to our guests.

"This is highly regretted and we are working to normalise our operations and reduce these disruptions.

All affected guests are being informed accordingly and necessary assistance are being provided.

AirAsia sincerely apologises for the inconveniences caused."

Tuesday panic selling

Tuesday panic selling

（雪蘭莪‧雪邦1日訊）廉價航空公司亞航（Air Asia）原定昨晚從吉隆坡第二國際機場（KLIA2）起飛的多趟航班，不知何故突然宣佈延誤或取消，加上當時亞航柜台的服務員不多，造成數百名乘客在亞航柜台附近大排長龍。

這是亞航1996年營運20年來，單日最多航班出現狀況的一次。亞航發言人今天雖然致歉，但並未說明事發原因。

據星洲日報報道，昨晚共有四趟航班延誤，兩趟取消。延遲航班包括原定下午6時起飛前往中國長沙的AK0174班機、原定晚上8時20分起飛前往吉打亞羅士打的AK6014班機、原定晚上8時40分起飛前往泰國普吉的AK0822班機，以及原定晚上8時50分前往柔佛新山的AK6048。

取消的航班則有原定晚上9時45分前往印度真奈的AK0013班機，及原定晚上10時15分前往中國深圳的AK0128班機。

據東方日報報道，受影響的亞航班機，還包括飛往檳城、菲律賓馬尼拉與泰國普吉島的航班。

據印尼媒體Okezone報道，原定當地時間晚上8時20分從雅加達飛往吉隆坡的AK378亞航航班也取消，導致上百乘客滯留在雅加達國際機場。原定當天下午1時10分從泰國廊曼機場飛往吉隆坡的亞航班機，也延誤將近八小時。

吉隆坡第二國際機場的亞航柜台人員受詢時，都表示無法回應此事。

亞航發言人今天表示，昨天多趟航班受影響而導致乘客不便，亞航對此非常遺憾。發言人表示，亞航已採取一切措施讓營運恢復正常，並減少受影響航班。他也指所有受影響乘客都已接獲通知，並已獲得必要協助。（聯合早報）

亞航週六晚10多趟航班延誤或取消

Hundreds of passengers fume after cancellations, delays ground AirAsia flights
BY JAMES SIVALINGAM - 1 MAY 2016 @ 11:51 AM

KUALA LUMPUR: Hundreds of AirAsia passengers were left fuming yesterday following a raft of flight cancellations and delays by the low-cost carrier.

It was understood that the flight cancellations and delays involved not only local destinations, but also those abroad.

Among the routes which experienced delays or cancellations yesterday included Hong Kong and some destinations in India.

One Facebook user Latha Ravi, took to social media to vent her frustration over her flight's cancellation.

According to her posting, AirAsia had only informed her about the cancellation three hours prior to the flight's scheduled depature.

“How are you going to compensate for loss of hotel night and stress of rebooking?” she asked.

Another user, Clementine Windisch said, “First they promise you to refund your money, then they do not respond on your requests anymore.

“No one feels responsible, it's an eternal circulation," said Windisch.

A similar situation had occurred in Decemberlast year, with a series of lengthy delays affecting AirAsia flights. The problem had been blamed on a "flu epidemic" which apparently saw 12 pilots take sick leave.

In a statement late last night, AirAsia confirmed that it had been experiencing flight disruptions.

However, the airline would not comment on the cause of the delays and cancellations.

"AirAsia confirms that we have been experiencing some flight disruptions since Saturday evening which had caused inconveniences to our guests.

"This is highly regretted and we are working to normalise our operations and reduce these disruptions.

All affected guests are being informed accordingly and necessary assistance are being provided.

AirAsia sincerely apologises for the inconveniences caused."

next week only three trading day,.i think will drop below 0.33

Mr pampes or Mr childish ??? kikikikikiki