Very good result

AAX was return profit

Very good earning

tomm...

Hope Philippines airasia able turn around.
But Cebu Pacific is a tough competitor. They are not Malaysian airline or Malindo.

1% to 2% drop constantly and slowly ?

rMoi

I bet your Indonesia airasia wouldn't turn around

Mark my word

Jayawin

Few chartered flight wouldn't make an airline profit
Try imagine an aircraft which worth USD253m start parking at airport ,
And airliner need to pay airport when it is parking .

why all airliner spent money to grab market share of scheduled flight ?

It will be great if AAX able to narrow losses.
Hope they able to perform

Any idea how low it will be ?

Preliminary Operation Data shows good result.
when aircraft fleet size maintain same and it capable to carry more passenger
it shows airline successfully increasing aircraft utilization rate.

anyhow , 50m passenger carried made airasia the 5th largest airliner in asia pacific after China's Big 3 and Japan's ANA.

Airasia even carried more passenger than Singapore Airline Group now.
Lets spend some money and time to squeeze out some player at Thailand market and start increase market share in Philippine and India market.
This is crucial strategic move for mid term growth.

still no movement between both Wellington & EPF.
Player is waiting for new quarter report ?

Saudi Arab still have money or not ?
Seems like they are in very tough time.

They wanna kill America Shale Oil ,
but end up they shout to freeze output first.

http://www.theedgemarkets.com/my/article/umw-og-plunges-maiden-quarterly-loss-rm409m?type=Corporate

UMWOG loss RM409m last quarter.
Game started.

Thai Airway who own thailand budget airline - Nok Air & Thai Smile officially engaging Thai Airasia for discussion of 20% share purchase.

Competitor also start giving up their own company and join Thai Airasia campaign ?

http://www.ch-aviation.com/portal/news/44154-thai-airways-to-sound-out-thai-airasia-over-equity-buy-in

increased price and volume
Waseh....

better wait few more day for upcoming quarterly report.
it might end up narrow losses.

Break-even ? hmm....

http://www.nst.com.my/news/2016/02/127691/airasia-x-carried-361m-passengers-2015

Airasia x 2015 passenger carried decreased 15%
Load factor at 4th quarter increased purely rely on their capacity cut .


Airasia is different story .
Aircraft fleet slightly decrease 1 aircraft.
Meanwhile , Capacity increased follow with passenger Carried and load factor .
This is sign of money making .

AAX 4th quarter preliminary operating data shows capacity reduced 8% as they cancelled route .
2% increment in load factor exchanged with 8% capacity and passenger reduced result in route cancelled .

Business and market share seems getting smaller but yet aircraft fleet size still maintaining same result in high CAPEX and lower revenue.

AAX share price seems cheap but is it the result of their continuous losses and the uncertainty of long distance budget air ?

Interesting now . Wellington keep selling and EPF start buying

Now when oversea affiliate losing money
Everyone is just like aviation expert and want to shut down this and that country business to stop loses.

Any of the proposal of this idea can tell how many percent of airasia business come from transit ?
Anyone have suggestion to prevent lost of business opportunity after Lion group overrun airasia in term of fleet size , market share and load factor if airasia shut down oversea affiliate ?

Jjchan
Airasia posted incredible pre load factor
Passenger increased 11% and load factor increased 2%
Airasia India posted 134% increment of passenger yoy

Visa waiver for China tourist

The first company come in my mind is airasia instead of airport .
Airasia has the largest China market share among all non-China airline.

fuel price maintain low and ringgit keep raising.
if 1Q16 ended with this , we will enjoy reduced OPEX and earning at Forex.

it is time to enjoy airasia Forex Deposit which saving since last year.

2016 will be good year for airliner with extreme low crude oil price

Btw , Norwegian Air is in talk to form alliance with airasia
Norwegian air is strong at Europe and North America
Airasia is strong at Asia

The One ,

Tell petronas your theory.

petronas will cut spending for another RM50b next 4 year.

http://www.theedgemarkets.com/my/article/petronas-cut-spending-us1141b-over-four-years-source?type=Corporate

Ringgit not a big issue .
It raise before it drop back.

Airasia already relief from massive forex losses if ringgit didn't break through 4.5

Just Airasia jet fuel hedge is too defensive as they hedge jet fuel at USD6x.
Other airline already dumped fuel hedge and this make the most different in earning of AA and its competitor

If Arab cancel project like Lehman brother time
Sendai will get hammer again.

Finally Iran sanctions lifted.

Game started

Are CIMB and Cimb related affiliate having exposure to O&G company loan
CIMB Niaga already burnt once at Indonesia commodity market .

O&G is dangerous now

Maybe cut operation budget like government servant bonus ?

http://www.thestar.com.my/business/business-news/2016/01/12/benalecs-pengerang-reclamation-project-gets-doe-nod/

Benalec receive approval to start reclamation at pengerang
By look at pengerang profile , risk is lower compare to Tg Piai since infrastructure will ready by other company

Tony wong

Better wait for next quarter report.
Airasia related airliner are always great at TF mouth

Low fuel price will be heaven to airasia if and only if ringgit able to maintain above RM4.5
In term of business , TF really need to reorganise oversea affiliate

Airasia is the only airliner making loses at Philippines market , lion air just receive delivery of new aircraft and make them airliner who own most aircraft in SEA, this enhance their dominance at Indonesia market .

India aviation sector enjoying 39% increment of traffic but airasia India only has 2x% increment

really will go down to USD20 ?
petronas just sound alarm that O&G may need to suffering another 2 year

OMG

If China really slowdown
BDI will sink and same to maybulk.

Robert can't help also

Will drop future ?
Scary

The worst thing is China slowdown
They import too much of crude oil

will crude oil price really go down to USD 20 ?
last few month lot analyst said will stable at USD 50~60 and OPEC might reduce production.

Now proof all talk nonsense

Ferisc
What is your estimate forex loss?

Tmr's quarter report will be very interesting .

The best 3Q operation statistic vs deepest depreciate of ringgit .

How many month AAX continuous losses ?
I already lost count

share price manage drop to 20sen without GMT and Wellington effect
the only reason is because poor performance and bad losses record of company.

their 3Q15 passenger carried drop rapidly
need to becareful on this counter .

I'll said management is start doing thing if they manage to narrow losses at 3Q15

Possible AAX narrow losses at 3Q15 ?

http://www.theedgemarkets.com/my/article/press-metal-sees-profit-decline-record-metals-slump?type=Corporate

PMETAL CEO said different thing with you at press conference.
He mentioned that PMETAL couldn't maintain profit at same level with slipped aluminium price .

Yeah ,

I got 3m there

AAB not necessary will trigger share buyback even AGM approved it.
they didn't trigger previous share buyback even they received approval as well.

You have to make it clear ,
They get approval , but not necessary will trigger it.
If they don't have approval , they couldn't trigger even if they want.

They just get this approval for "just in case"

goldenshare

Don't blame the ex-CEO
Many LCC tried long haul route . Non of them are success

Can you name any success long haul LCC ?
The business model itself having issue .

If you buy an aircraft and fly short haul
Each aircraft able to fly 2 to 3 return trip between 2 destination .
Just multiply the passenger with the air fare
You can guess how much short haul earning.

And let's compare to long haul
At most it manage to fly 1 return trip between 2 country
And look at current airasia long haul promotion rate
How much you think AAX able to make ?

Most important , LCC seat space is limited .
People who capable to holiday at Europe wouldn't choose LCC as it is unbearable to sit in such limited space with such long time .

AAX business mainly rely on teenager or mid-low income who wanna fly North Asia or Australia but with limited budget.
Their customer base are niche compare to AAB

Why there is PE ?
Because people willing to pay extra for the future of company .

AAB alr raise almost 2 time from bottom
AAX ?

I sapu at 90 sen :-)
Bet AAB much better than AAX

Quarter report will tell u soon