Posted by Sslee > 2021-10-04 19:06 | Report Abuse

Hahahaha,
You don't like the massage or the massager?

The massage is from AA financial report and the massager is Chao Yun fat! "God of gambler" but unfortunately/fortunately I already learned my lesson and don't gamble.

How about you?

Posted by Thorman > 2021-10-04 19:16 | Report Abuse

Well, shortfall is temporary.

Trust is prime factor.
If lenders believe in the potential, they can waive or wait.

Besides, this loss is due to pandemic, not self inflicted.
Understanding the potential is important than harping on losses.

If TF is forced to liquidate, it's not a big loss for him.
He had a good run for almost 20 years.

I don't mind burning some cash for a globally recognised company under an able hand.

Posted by VolatileIsMyGold > 2021-10-04 19:18 | Report Abuse

I heard AA providing special in flight massage soon

maybe by gong li/kajol mukerjee lookalike retired ex-stewardess

for ladies, massage by dwayne johnson lookalike ex-steward

Posted by Thorman > 2021-10-04 19:21 | Report Abuse

Yeah, they planning to hire big fat ass and tittie shaking dancers too.

That would help boost sales.

Would PAS object?

Posted by i3lurker > 2021-10-04 19:22 | Report Abuse

I heard AA is flying to the sun.... at night .... of course


Posted by VolatileIsMyGold > Oct 4, 2021 5:12 PM | Report Abuse

I heard AA is working on a flight to Mars

Posted by DreamEmperor > 2021-10-04 19:23 | Report Abuse

Oh yeah?

Posted by DreamEmperor > 2021-10-04 19:25 | Report Abuse

ha ha, nice try

but the sun is always at a few million degrees celsius

Posted by Sslee > 2021-10-04 19:39 | Report Abuse

Trust is prime factor.
This explain what happen to AA market price trust!!!.
But in commercial world is trust good enough to enable Bank to loan you billion?
Know what is Danajamin Prihatin Guarantee?

KUALA LUMPUR, Aug 5 ― AirAsia Group Bhd (AAGB) has gained gross proceeds of US$56.83 million (RM239 million) from the merger between Fly Leasing Ltd and Carlyle Aviation Partners.

In a statement today, the low-cost airline said it had acquired 3.33 million of Fly Leasing’s shares on August 30, 2018 as part of a cash-in-kind consideration for the earlier divestment of AAGB’s aircraft leasing operations undertaken by Asia Aviation Capital Ltd to entities managed by BBAM Ltd Partnership.

Group chief executive officer Tan Sri Tony Fernandes said the transaction was a much-welcomed boost to the group’s overall fundraising strategy, alluding to the group’s plans to raise up to RM2.5 billion through a combination of borrowing and equity raising.

“We have already raised RM336.5 million from two tranches of private placements earlier this year and continue to renegotiate leasing terms with all of our lessors.

"We have also disposed of 32.67 per cent of our interest in AirAsia India for US$37.68 million, ceased operations in Japan and sold a number of spare engines worth over US$130 million,” he said.

Fernandes added that the group has a number of fundraising initiatives in place to ensure sufficient liquidity.

“We are in the process of finalising a Danajamin Prihatin Guarantee Scheme loan, working on a data-backed loan of up to US$350 million and preparing for a rights issue of up to RM1.02 billion which is targeted for completion in December,” he said.

Posted by Thorman > 2021-10-04 20:00 | Report Abuse

LOL,

The local lenders will NEVER bail AA not because of trust deficit but jealousy.

Posted by In_Sight > 2021-10-04 21:00 | Report Abuse

As lousy as the blog is written i beg you to write more please. One day after you post AA up 11.88%. Please write some more. Plenty of negatives about AA for you to write. You are our LIGHT. Come on. Do us a favour.

Posted by sensonic > 2021-10-04 21:39 | Report Abuse

ABANG, RUGI WANG PUNYA COMPANY BARU NAK GORENG KUAT KUAT.

Posted by Sslee > 2021-10-04 21:48 | Report Abuse

Can it be true that lenders are jealous of AA success that is why lenders do not want to lend money to AA.
Seriously you expect lenders to bail out AA? Or do you expect lessors to bail out AA.

Note:
The lease liabilities amounting to RM 12.9 billion includes deferred aircraft leases of approx RM 2.4 billion.

Posted by Thorman > 2021-10-04 22:12 | Report Abuse

The lenders could be influenced by little Napoleons.

Yes. It is pure jealousy and inability to stomach success by an underprivileged.

Posted by i3lurker > 2021-10-04 22:48 | Report Abuse

of course must buy Air Asia to help the Sharks sell out at high price.

Must sell your wife and children to buy Air Asia, Sharks need your help.

Posted by Sslee > 2021-10-05 07:36 | Report Abuse

Posted by Thorman > Oct 4, 2021 7:16 PM | Report Abuse
Well, shortfall is temporary.
Trust is prime factor.

Ans: Trust Takes Years To Build, Seconds To Break And Forever To Repair.

You can search and see for yourself how many AA customers were disgusted by the way they were treated in claiming refund and cursing AA and Tony for not refunding them the cancelled fight ticket fare.

By the way I am not even bother to claim my refund, take it as my donation to help AA.

Posted by i3lurker > 2021-10-05 07:45 | Report Abuse

You meant to say its for Tony's medical fee and funeral expenses?




Posted by Sslee > Oct 5, 2021 7:36 AM | Report Abuse

Posted by Thorman > Oct 4, 2021 7:16 PM | Report Abuse
Well, shortfall is temporary.
Trust is prime factor.

Ans: Trust Takes Years To Build, Seconds To Break And Forever To Repair.

You can search and see for yourself how many AA customers were disgusted by the way they were treated in claiming refund and cursing AA and Tony for not refunding them the cancelled fight ticket fare.

By the way I am not even bother to claim my refund, take it as my donation to help AA.

Posted by i3lurker > 2021-10-05 07:52 | Report Abuse

but actually your "donation" just went to his Tesla enjoyment

and the satisfaction that his F_U_C_K ratio is successful and actually working.

the F_U_C_K ratio is the percentage of refused refunds

if the F_U_C_K ratio is too high Air Asia will lose customers, so must be balanced carefully.

Posted by Sslee > 2021-10-05 07:55 | Report Abuse

Haha i3lurker I have a very kind heart, my donation mean for AA to refund those really need their money back. But that trust also broken by AA.

Posted by SpeedNpower > 2021-10-05 08:10 | Report Abuse

Ya faster buy pls. I wan exit aldy.

Posted by i3lurker > 2021-10-05 08:25 | Report Abuse

I know for a fact that a lot of teachers stationed in East Malaysia or outstation travel to balik kampung.
and they ONLY have enough money for 2 or max 3 trips per year through extreme savings from salary unless they use 1MDB method and get Jho Low involved.

In remote rural small villages people dun have money to pay you personal tuition fee.
You have to grow your own vege and spray blood from own chicken to get money for flights.

Refused refunds to teachers are very pitiful.


/////You can search and see for yourself how many AA customers were disgusted by the way they were treated in claiming refund and cursing AA and Tony for not refunding them the cancelled fight ticket fare.///

Posted by Sslee > 2021-10-05 09:03 | Report Abuse

TQVM i3lurker, I owe you a big one. Sell armada 0.47 done now q sell at 0.475 and 0.48.

Posted by Thorman > 2021-10-05 09:19 | Report Abuse

Sour grapes are those who did not get their refund.

Alternative is given but they refused.

That explains their constant mudslinging.

Posted by Thorman > 2021-10-05 09:22 | Report Abuse

During lockdown without single flight it survived.

Now with borders to open and internal flights resumed, it will fall?

TF had already introduced some new businesses to supplement revenue.

So, of course it will fall flat on the face, no?

Posted by Sslee > 2021-10-05 10:14 | Report Abuse

The question to be asked is how much cash burn will AA going to incur when fly resume and also cash burn from the new businesses.

If fresh cash is not forthcoming, when AA cash will run out?
When cash run out what will happen?

Posted by Sslee > 2021-10-05 10:17 | Report Abuse

When you already got the answer then tell us how AA going to earn his money to repay deferred lease payment and how long it need to clear all the deferred payments and debts.

Posted by Thorman > 2021-10-05 10:17 | Report Abuse

When one does business, there is sales and revenue to replenish rotating cash flow. How much is another matter.

Posted by Sslee > 2021-10-05 10:23 | Report Abuse

Sales in advance RM 922,252,000.
How much cash burn to clear all those sale in advance?

Posted by In_Sight > 2021-10-06 09:42 | Report Abuse

congratulations to all who ignore this dumbo post and made money!

Posted by Sslee > 2021-10-06 09:52 | Report Abuse

You only make money if you already sold the stock, otherwise it is just a paper gain.

So have you sold and made money? If you have done so then my congratulation to you.

Posted by In_Sight > 2021-10-07 19:32 | Report Abuse

The title should change to “Should you go fly kite with such a lousy article now”

Posted by In_Sight > 2021-10-08 14:04 | Report Abuse

Rip and condolences to all who follow this lousy blog not to buy AA. All you can do now is watch those with proper insights laugh all the way to the bank. Hahaha.

Posted by Sslee > 2021-10-08 14:26 | Report Abuse

Haha In_Sight, if you are capable as what you said please go and write your oww blog article.

I can bet, you do not even know how to write an i3 blog article.

Posted by Stockexpert001 > 2021-12-30 22:16 | Report Abuse

Year 2015, year 2016 and 2017 it still earning over 1 billions each year.. Years 2018 over 2 billions, you have missed the 30% of the cash of 2019 give away 90cents dividend to the shareholder at year 2019, sslee..

Posted by Sslee > 2021-12-31 06:21 | Report Abuse

@Stockexpert001,
Please tell me why financial year end Dec 2019 AA make a net loss of RM 315,807,000 when covid only start in year 2020?

For year 2015, 2016, 2017, 2018 what is the profit from selling flight ticket? And the extra profit come from? (Others income, aircraft lease income, gain from disposal of aircraft, gain on disposal of investment , etc)

Posted by Robert Waters > 2023-07-11 01:55 | Report Abuse

Well, it is better late than never ...

Posted by Sslee > 2023-07-11 06:37 | Report Abuse

Well, it's better to be safe than sorry .....

Posted by i3lurker > 2023-07-11 08:00 |

Post removed.Why?

Posted by i3lurker > 2023-07-11 08:03 |

Post removed.Why?

Posted by i3lurker > 2023-07-11 08:11 | Report Abuse

The Proposal
I will propose to Gobermen to sell Petronas to Air Asia to manage
and pay Air Asia RM20 Billion per year as management fees to help manage Petronas.
Hopefully my reasonable Proposal will be approved.

Rationale For The Proposal
Its logical coz Air Asia burns oil rite?



Posted by Sslee > 1 hour ago | Report Abuse

Well, it's better to be safe than sorry .....

Posted by Sslee > 2023-07-11 08:33 | Report Abuse

Good morning i3lurker,
I do not mind to be a devil advocate.
By the way In_Sight is hapilly MIA from i3forum

His last posting:
Nov 14, 2021 9:54 PM | Report Abuse

What do you know? All your negative comments went down to drain. Non came true. Talk kok number 1.

Ppl make money here. You? Talk kok only.

Even normal QR number also can get wrong.

Low IQ. Dumbo really dumbo

Posted by i3lurker > 2023-07-11 08:40 | Report Abuse

Global plane supply is now controlled by Tata so the magic rabbit is beyond the reach of "their God" now.

=> Losses for Air Asia

Posted by Sslee > 2023-07-11 09:03 | Report Abuse

A Malaysian Indian how to fight with an India Indian. For sure knock out KO.

Posted by Sslee > 2023-07-11 09:41 | Report Abuse

Commitments
Capital commitments not provided for in the financial statements are as follows:
Group
2022 2021
RM’000 RM’000
Property, plant and equipment:
- Approved and contracted for 102,608,980 97,163,376

The approved and contracted for capital commitments for the Group are in respect of aircraft purchase. The future
commitments of aircraft purchase are as follows:
Group
2022 2021
RM’000 RM’000
Later than 1 year and not later than 5 years 12,908,493 7,688,395
Later than 5 years 89,700,487 89,474,981
102,608,980 97,163,376

So AA already lost India Market, Japan Market and in Indonesia compete with local budget airline Lionair and without an AA China where AA going to employ it planes?

KUALA LUMPUR -- AirAsia's newest major shareholder Stanley Choi wants to realize CEO Tony Fernandes' long-held goal of landing the no-frills Malaysian airline in the Chinese market.

Choi now owns an 8.96% stake in AirAsia via a private placement last month. He is confident that his corporate resume that includes Hong Kong and China, where he was born, could facilitate securing the needed approvals for what could become AirAsia China.

"AirAsia has been dealing with China for a long time," the Hong Kong-based Choi told Nikkei Asia in a remote interview. "I can add value to that with my know-how and open more gateways for the company."

Posted by i3lurker > 2023-07-11 09:53 | Report Abuse

China is a communist country. Seems like "their God" and many people dunno that.

Can put in money cannot take out money
Can only take out product ....

and "only swaps allowed"
you cannot buy and cannot take for FREE

meaning take 1 landing right = ?

furthermore China is in very deep sheet for next 3 years.
Even Genting suffering like sheet now.
Expect more price drops for Genting next 3 years

wonder whether AA can last until China recover 🤔

Posted by Sslee > 2023-07-11 10:16 | Report Abuse

Updated: 19 Jun 2023 8:06 pm

IndiGo, India’s largest airline by market share, has placed a record order with European manufacturer Airbus for 500 A320 Family aircraft, the company said in a statement. It is the biggest single purchase agreement in the history of commercial aviation.

This IndiGo order book comprises a mix of A320NEO, A321NEO and A321XLR aircraft. The airline will take the delivery of these aircraft between 2030 and 2035.

The agreement takes the total number of Airbus aircraft on order by IndiGo to 1,330, making it the world’s biggest A320 Family customer.
Earlier this year, Tata-owned Air India placed orders for 470 aircraft from Airbus and US manufacturer Boeing.


NEW DELHI, June 20 (Reuters) - Air India has firmed up its order for 250 Airbus (AIR.PA) aircraft and 220 new Boeing (BA.N) jets worth $70 billion at list prices, the airline said in a statement on Tuesday, as it pursues a turnaround under its new owners.

The Tata-owned airline signed separate purchase agreements with the two planemakers at the Paris Airshow for the jets and some services, a day after domestic rival IndiGo (INGL.NS) agreed on Monday to buy 500 single-aisle planes from Airbus

Posted by Johnchew5 > 2023-07-11 15:53 |

Post removed.Why?

Posted by StartOfTheBull > 2023-07-11 16:00 | Report Abuse

The dual is enjoying each other.

Posted by Johnchew5 > 2023-07-11 16:14 | Report Abuse

Hoho the dual is enjuying keris kungfu dlm Buaya seluar dlm !!! Hahahaha.

Posted by Johnchew5 > 2023-07-11 16:17 |

Post removed.Why?

Posted by StartOfTheBull > 2023-07-11 17:06 | Report Abuse

Today AAX down the dual keris stand up and strong, ding ding chang chang........😁😁😁