I have doubt this year 2019 will be best year for AA but most likely incoming 1st qtr to be best qtr ever as TF mention he got access to AA real time data...
Almost every modern, non-Chinaman company has such access to real time data liao lah. Nothing new, nothing spectacular. It just helps so that decision making and strategic moves can be executed faster with data in hand.
Cuts down the layer of reporting for such simple data. No need to wait days or weeks just to get data to make decisions.
As I have said, it's no crystal ball.
It's like a newsroom full of large displays showing news flow around the world in real time and all the social media trending happenings.
Another example (poor example) --- let say oil price suddenly spikes like crazy. Tony with the data can straight make a decision to hedge more or something like that. All relevant data available in real time.
@tonyfernandes 2h Hotel sales on http://airasia.com increased 300 percent last week. This is going to grow along with activities
We have a much more powerful database and better knowledge of our customers than OTA. In time http://airasia.com will be a big OTA.
On top @airasiabig loyalty points will drive more people to our platform http://airasia.com . #morethananairline.
Airasia.com will be formed as a new company under Red beat Inc.
Soon you will see other airlines selling their flights on http://airasia.com
Airasia .com is the strongest platform in asean. No OTA or lifestyle app can match us. With payment ,loyalty points, a huge database and unique and great content we will be a force.
It’s all about timing and now is the time when all asean airasia airlines are doing well. In due course http://airasia.com will generate as much GMV from non airasia tickets as it does from selling airasia flight tickets. http://Airasia.com GMV is 4 billion USS dollars
newinvestor17, dude you don't have any AA share, yet you are spending so much time in this forum to talk about AA. You are really free with nothing much to do....really annoying and irritating
N17,saham4u,orgamaindair and what other multiple you are Thanks for reporting me for abuse so you can have your own way here It’s like the pot calling the kettle black Thanks also for your slanderous comments about me in all portfolio counters, which are still very green and I don’t think people took a lot of notice off as they know be me to be better than that. It is very ethical of a so call FM to behave
@tonyfernandes. Many people are asking us to expand more domestic flights in Indoensia. You will be glad to know airasia INDONESIA will expand to more cities in INDONESIA.
Garuda and Lion Air really can’t compete with AA as they want to charge higher air fares. Now they play dirty tactic and seem failed. Customers force to go Airasia.com to buy cheaper tickets as the same time find better deal on hotels and etc. This maybe one of the reason why increased of 300% of rooms booking...
Garuda and Lion Air are damn dirty. And yet no actions by the Indonesian government due to their lobbying and pressure group. Next election coming real soon. It can go either way -- worse than now, or clamp down on their cartel dirty tactics.
Am currently at Maybank's Championship tournament and watched a few impressive players. went into the bankers long half way to grab a drink and met my fellow local IBs, stock brokers and FM's and they had to bring up the topic about the "salesman" who are dullards namely Betkaukau aka wei wong aka freetospeak aka wongthk and Jaya.
all agreed that i3 has been a little peaceful without our fellow nincompoop namely Jaya but sadly the forum would get hijacked once again when he comes back today from his suspension.
In addition, all couldn't stop laughing as to how the fanboys here could twist and spin stories as a means of portraying a hope for AA.
(Why would I report you Jaya ? I am not a covered like you and your dupes to resort to reporting people as a means of covering up your lies)
Basically AA tickets were bought earlier at advance which TF can use this data to determine what will be the load factor for 2019. Best year ever incoming??
Yeah actually true too Betkaukau. Bookings usually are done in advance.
But hard to say whether it will be a best year or otherwise. Lots other factors will be in play other than ticket bookings. Operational costs is a concern.
Let's wait for the next quarter. If it's spectacular then I might add more. I prefer to have clarity than words of mouth from someone who was caught lying a few times.
We not a quarterly company. Took advantage of slots availability and planes to grow a huge 21 percent of capacity which had an adverse effect of yield. But the yield is now back in 1st QTR as expected and we have much lower oil.
Capacity grew 21% and 1st qtr load back to > 85%. This is going to be hugh gained. Maybe this is why TF tweet, Look out for incoming 1st qtr....
Capacity grew yes. Load up. Yes. But AA has been throwing price for months. Due to access capacity. What helped just recently is the grounding of 737 Max by the Indonesian airlines (that's why they started to play dirty).
Their current and additional capacity kena cut, mostly moving to AA. Need to see whether the cap and load growth will be able to be compensated with even lower ticket prices (free and promo).
According to the data, low-cost carrier SpiceJet had the highest passenger load factor (PLF) -- a measure of capacity utilisation of an airline -- at 94 per cent, followed by GoAir at 92.6 per cent, AirAsia India at 91.8 per cent, Vistara at 89.1 per cent and IndiGo at 88.4 per cent.
The reason why AA throwing out seats is to cover cost of flying. These expected empty seats to be filled up by promo, will increase AA profit. Still many people think sell cheap tickets will resulted loss of money but infact is to maximize profit by filling up the empty seats..
Airlines worldwide started to cancel order of 737 max and this resulted shortage of aircraft in future. Those airlines which order bulk of Airbus will benefit on capacity expansion to capture market share...
Most likely those orders will be converted into other Boeing models according to the ongoing developments in the US media.
Airlines gonna slaughter Boeing for the best rates possible, which might be an advantage for them to get cheaper but decent planes.
But for AA India, 91.8% load factor is impressive, especially with the disturbance in northern India. AA has regular flights to Amritsar, which while is quite northern, is not as north as Kashmir. But still, impressive feat.
Throwing seats cheaply can be seen in many ways. One, it encourages more people to fly, so more ancillary to be earn.
Two, decline in appetite to fly (less people buying at regular prices). That I don't really think is true since Malaysians incredibly love to travel. No travel can die. No savings nevermind.
Three, AA needs to cover for the even less revenue earned from flights. Cheaper flight tickets mean that need more ancillary to cover back. But with precise data targeting, hopefully this will be possible.
Not sure how advanced AA has gone with the integration and use of data into the frontline selling. Tony did mention mid-late last year that things are going well on that front. Waiting to see from next quarter. If heavy spike up for ancillary means extremely good news for AA's main money maker.
Tony Fernandes @tonyfernandes · 15 Std. Many people are asking us to expand more domestic flights in Indoensia. You will be glad to know airasia INDONESIA will expand to more cities in INDONESIA.
airasia and aax will gain more markets shares starting now as malaysia airlines starting to increase their air tickets price.. Tony Fernandes was right about the price war between mas and airasia X ... Mas cant operate same as budget airlines as their cost is high ... thats is the main reason Mas keep losing money just to compete with airasia..... its time for airasia and aax to fly now
MAS loss money every year also want to blame AA & TF... So... That's why MAS will loss. Lousy management too, many workers and the Unions is the main problem.
Just reached KLIA to fly off to Dubai and decided to check out i3 and it seems that my boy Jaya still hasn't lost his traits of being a used car salesman.
Inb4 his buddy Betkaukau and other dupes come out to protect their master account
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Posted by gongkia > 2019-03-21 22:52 | Report Abuse
like cinema, they dont earn from movie tickets.