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2016-10-19 12:04 | Report Abuse
New PSC rates to impact low-cost carriers
While consensus has been expecting the PSC hike by end-2016, we were surprised by the steep quantum, based on the figures quoted by The Sun. Immediate impact could lead to passengers’ volume loss for both airlines (AirAsia X and AirAsia) under our coverage. AirAsia X is especially vulnerable to any load factor loss, given that it has barely broken even in the second quarter of 2016.
by Affin Hwang Investment
2016-10-19 10:52 | Report Abuse
Aussie aviation expert calls for AirAsia X suspension
Latest incident involving 'wing flap' failing to deploy is sixth in 18 months by low-cost carrier Down Under.
The latest “technical incident” involving AirAsia X in Australia has seen calls for the airline to be grounded by the relevant authority Down Under.
Referring to six separate incidents recorded over the past 18 months, aviation expert Neil Hansford even accused Australia’s Civil Aviation Safety Authority (Casa) of favouring the Malaysia-based low-cost carrier, news portal news.com.au reported recently.
The latest incident involving the low-cost carrier occurred on Oct 8, when AirAsia X flight D7-200 was diverted from the Gold Coast to Brisbane because its wing flaps had failed to fully deploy.
The wing flaps are critical in helping to slow down an aircraft when it lands, hence it was feared the A330 aircraft would overshoot the runway at Gold Coast’s Coolangatta Airport and plough into traffic.
All other flights were temporarily suspended at the Brisbane airport, where fire trucks were also placed on standby, and other aircraft cleared from the runway, ahead of the landing.
The Oct 8 incident was the sixth incident involving AirAsia X to be investigated by the Australian Transport Safety Bureau (ATSB) in 18-months.
According to news.com.au, the airline is currently under investigation for four other incidents, and the completion of another investigation from March 2015 even forced the airline to overhaul its training procedures.
On March 10, 2015, AirAsia X flight 223 departed Sydney and headed for Melbourne – instead of its intended destination, Kuala Lumpur.
The ATSB later found that the captain had inadvertently entered the wrong data into the flight computer. The flight crew were unable to correct the error and the A330 had to divert to Melbourne for landing with the assistance of Air Traffic Control.
According to news.com.au, the other four incidents under active investigation are:
a “loss of separation” involving an AirAsia X A330 and a Jetstar plane over the Gold Coast in July 2016;
an engine shutdown en route from Sydney to Kuala Lumpur, resulting in a diversion to Melbourne on Aug 16;
a taxiing incident in Melbourne last month, in which an AirAsia X aircraft began taxiing before the pushback tug and engine moved clear; and
a descent below minimum safe altitude at Gold Coast Airport on Sept 11.
2016-10-16 11:55 | Report Abuse
Q3 expect huge forex loss as compare to Q2, cautious !
2016-10-15 15:19 | Report Abuse
New PSC rates to impact low-cost carriers
While consensus has been expecting the PSC hike by end-2016, we were surprised by the steep quantum, based on the figures quoted by The Sun. Immediate impact could lead to passengers’ volume loss for both airlines (AirAsia X and AirAsia) under our coverage. AirAsia X is especially vulnerable to any load factor loss, given that it has barely broken even in the second quarter of 2016.
by Affin Hwang Investment
2016-10-10 16:02 | Report Abuse
Macquarie Equities Research (MQ Research), top foreign research house,
AirAsia X (AAX MK, RM0.39, Underperform, TP: RM0.33)
STRONG SELL !!!
2016-10-10 15:27 | Report Abuse
richkid = Buy1sell2 = coolinvestor same ID (copycat IDs)
he is just purposely talk rubbish here everyday, just ignore this conman
2016-10-10 15:02 | Report Abuse
3rd Q load factor projection at 72%huge forex loss RM120Million TP 32cents
2016-10-10 11:07 | Report Abuse
New PSC rates to impact low-cost carriers
While consensus has been expecting the PSC hike by end-2016, we were surprised by the steep quantum, based on the figures quoted by The Sun. Immediate impact could lead to passengers’ volume loss for both airlines (AirAsia X and AirAsia) under our coverage. AirAsia X is especially vulnerable to any load factor loss, given that it has barely broken even in the second quarter of 2016.
by Affin Hwang Investment
2016-10-07 15:45 | Report Abuse
3rd Q load factor projection at 72%huge forex loss RM120Million TP 32cents
2016-10-05 16:24 | Report Abuse
Macquarie Equities Research (MQ Research), top foreign research house,
AirAsia X (AAX MK, RM0.39, Underperform, TP: RM0.33)
STRONG SELL !!!
2016-09-30 15:38 | Report Abuse
credit suiise latest target price, Asia X (AAX MK, RM0.39, Underperform, TP: RM0.32)
STRONG SELL !
2016-09-30 14:48 | Report Abuse
Macquarie Equities Research (MQ Research), top foreign research house,
AirAsia X (AAX MK, RM0.39, Underperform, TP: RM0.33)
STRONG SELL !!!
2016-09-30 11:44 | Report Abuse
Macquarie Equities Research (MQ Research), top foreign research house,
AirAsia X (AAX MK, RM0.39, Underperform, TP: RM0.33)
STRONG SELL !!!
2016-09-29 23:55 | Report Abuse
New PSC rates to impact low-cost carriers
While consensus has been expecting the PSC hike by end-2016, we were surprised by the steep quantum, based on the figures quoted by The Sun. Immediate impact could lead to passengers’ volume loss for both airlines (AirAsia X and AirAsia) under our coverage. AirAsia X is especially vulnerable to any load factor loss, given that it has barely broken even in the second quarter of 2016.
by Affin Hwang Investment
2016-09-29 19:33 | Report Abuse
The Organization of the Petroleum Exporting Countries agreed to limit its production to a range of 32.5 million to 33.0 million barrels per day (bpd) in talks held on the sidelines of an energy conference in Algeria, Reuters reported.
US light crude had risen 28 cents to $47.33 a barrel by 0020 GMT, after closing the previous session up US$2.38, or 5.3%. Brent crude climbed 31 cents to US$49 a barrel, having settled up US$2.72, or 5.9%.
OIL above USD80 soon
2016-09-29 17:18 | Report Abuse
Oil is going through the roof after a report that OPEC reached a deal to limit production
Oil is going through the roof following a Reuters report citing "sources" that says OPEC has reached a deal to limit oil production, with the deal coming into effect in November. Prices for Brent crude oil, the international benchmark, surged by as much 6.3%
2016-09-29 15:12 | Report Abuse
credit suiise latest target price, Asia X (AAX MK, RM0.39, Underperform, TP: RM0.32)
STRONG SELL !
2016-09-29 14:49 | Report Abuse
Macquarie Equities Research (MQ Research), top foreign research house,
AirAsia X (AAX MK, RM0.39, Underperform, TP: RM0.33)
STRONG SELL !!!
2016-09-29 14:19 | Report Abuse
Oil is going through the roof after a report that OPEC reached a deal to limit production
Oil is going through the roof following a Reuters report citing "sources" that says OPEC has reached a deal to limit oil production, with the deal coming into effect in November. Prices for Brent crude oil, the international benchmark, surged by as much 6.3%
2016-09-29 11:26 | Report Abuse
The Organization of the Petroleum Exporting Countries agreed to limit its production to a range of 32.5 million to 33.0 million barrels per day (bpd) in talks held on the sidelines of an energy conference in Algeria, Reuters reported.
US light crude had risen 28 cents to $47.33 a barrel by 0020 GMT, after closing the previous session up US$2.38, or 5.3%. Brent crude climbed 31 cents to US$49 a barrel, having settled up US$2.72, or 5.9%.
OIL above USD80 soon
2016-09-29 11:26 | Report Abuse
New PSC rates to impact low-cost carriers
While consensus has been expecting the PSC hike by end-2016, we were surprised by the steep quantum, based on the figures quoted by The Sun. Immediate impact could lead to passengers’ volume loss for both airlines (AirAsia X and AirAsia) under our coverage. AirAsia X is especially vulnerable to any load factor loss, given that it has barely broken even in the second quarter of 2016.
by Affin Hwang Investment
2016-09-29 11:26 | Report Abuse
Macquarie Equities Research (MQ Research), top foreign research house,
AirAsia X (AAX MK, RM0.39, Underperform, TP: RM0.33)
STRONG SELL !!!
2016-09-28 09:18 | Report Abuse
Macquarie Equities Research (MQ Research), top foreign research house,
AirAsia X (AAX MK, RM0.39, Underperform, TP: RM0.33)
STRONG SELL !!!
2016-09-27 18:20 | Report Abuse
New PSC rates to impact low-cost carriers
While consensus has been expecting the PSC hike by end-2016, we were surprised by the steep quantum, based on the figures quoted by The Sun. Immediate impact could lead to passengers’ volume loss for both airlines (AirAsia X and AirAsia) under our coverage. AirAsia X is especially vulnerable to any load factor loss, given that it has barely broken even in the second quarter of 2016.
by Affin Hwang Investment
2016-09-27 14:02 | Report Abuse
credit suiise latest target price, Asia X (AAX MK, RM0.39, Underperform, TP: RM0.32)
STRONG SELL !
2016-09-26 23:36 | Report Abuse
Macquarie Equities Research (MQ Research), top foreign research house,
AirAsia X (AAX MK, RM0.39, Underperform, TP: RM0.33)
STRONG SELL !!!
2016-09-26 19:39 | Report Abuse
New PSC rates to impact low-cost carriers
While consensus has been expecting the PSC hike by end-2016, we were surprised by the steep quantum, based on the figures quoted by The Sun. Immediate impact could lead to passengers’ volume loss for both airlines (AirAsia X and AirAsia) under our coverage. AirAsia X is especially vulnerable to any load factor loss, given that it has barely broken even in the second quarter of 2016.
by Affin Hwang Investment
2016-09-26 16:21 | Report Abuse
Macquarie Equities Research (MQ Research), top foreign research house,
AirAsia X (AAX MK, RM0.39, Underperform, TP: RM0.33)
STRONG SELL !!!
2016-09-26 16:14 | Report Abuse
New PSC rates to impact low-cost carriers
While consensus has been expecting the PSC hike by end-2016, we were surprised by the steep quantum, based on the figures quoted by The Sun. Immediate impact could lead to passengers’ volume loss for both airlines (AirAsia X and AirAsia) under our coverage. AirAsia X is especially vulnerable to any load factor loss, given that it has barely broken even in the second quarter of 2016.
by Affin Hwang Investment
2016-09-26 12:26 | Report Abuse
New PSC rates to impact low-cost carriers
While consensus has been expecting the PSC hike by end-2016, we were surprised by the steep quantum, based on the figures quoted by The Sun. Immediate impact could lead to passengers’ volume loss for both airlines (AirAsia X and AirAsia) under our coverage. AirAsia X is especially vulnerable to any load factor loss, given that it has barely broken even in the second quarter of 2016.
by Affin Hwang Investment
2016-09-26 11:22 | Report Abuse
credit suiise latest target price, Asia X (AAX MK, RM0.39, Underperform, TP: RM0.32)
STRONG SELL !
2016-09-26 10:49 | Report Abuse
Macquarie Equities Research (MQ Research), top foreign research house,
AirAsia X (AAX MK, RM0.39, Underperform, TP: RM0.33)
STRONG SELL !!!
2016-09-25 18:12 | Report Abuse
Macquarie Equities Research (MQ Research), top foreign research house,
AirAsia X (AAX MK, RM0.39, Underperform, TP: RM0.33)
STRONG SELL !!!
2016-09-24 12:04 | Report Abuse
Macquarie Equities Research (MQ Research), top foreign research house,
AirAsia X (AAX MK, RM0.39, Underperform, TP: RM0.33)
STRONG SELL !!!
2016-09-24 00:20 | Report Abuse
next week will drop below 0.37, run !
2016-09-23 12:00 | Report Abuse
two idiot Buy1sell2 and richkid tension, don't panic, 0.36 soon
2016-09-23 10:23 | Report Abuse
below 0.36 by end of this month, airport tax !
2016-09-21 11:20 | Report Abuse
another idiot Buy1sell2 came out and talked rubbish
2016-08-25 15:10 | Report Abuse
after talk about ghost now dreaming Mezs, JJchan, you are damn sick, got money to eat or not tonight ? ha ha
2016-08-25 14:53 | Report Abuse
richkid, when you stuck, usually we called it long term investor, wakakakah
2016-08-25 14:24 | Report Abuse
the conman JJchan now talk about Ghost, he needs medical attention now, see, very good lesson for those who just follow blindly what conman said, sigh.....................flight to Holland is better than to Tanjung Rambutan, kekekekekeke
2016-08-25 14:09 | Report Abuse
JJchan all in last week and asked everyone to follow him to Holland, now this conman very scared n shitting in his pants already, wakakakah
2016-08-25 12:06 | Report Abuse
ha ha ha, 1 million LIKE for you Optimus
2016-08-25 12:00 | Report Abuse
high debts company, just manipulate accounting figures
Stock: [AAX]: AIRASIA X BERHAD
2016-10-19 13:12 | Report Abuse
Macquarie Equities Research (MQ Research), top foreign research house,
AirAsia X (AAX MK, RM0.39, Underperform, TP: RM0.33)
STRONG SELL !!!