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.
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..
@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)
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?
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."
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
New IPO: The onshore and offshore support services provider for the O&G industry, Steel Hawk Bhd aims to list on the Ace Market!
MQ Trader 3006 views | 2 d ago
0:17
New IPO: The largest mini-market player and a leading groceries retailer in Malaysia, 99 Speed Mart Retail Holdings Bhd aims to list on the Main Market!
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Thorman
100 posts
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.