Posted by MK76 > 2020-11-06 14:59 | Report Abuse

Let take off and produce income for gov

Posted by Amazing > 2020-11-06 15:56 | Report Abuse

Airasia wont let AAX die because AAX is the connection to the world, AAX will start soon as China is controlling well. Apporved Vaccine can be announced anytime from now. those who can hold tight will harvest first......

Posted by sampooler > 2020-11-06 17:26 | Report Abuse

https://www.sinchew.com.my/content/content_2371694.html

Posted by limkokthye > 2020-11-06 21:33 | Report Abuse

every1 can die

Posted by DannyArcher > 2020-11-06 23:04 | Report Abuse

@Amazing

Do you even know the difference between AA and AAX? AAX got fly to china?

Posted by i3lurker > 2020-11-06 23:07 | Report Abuse

how he know wooh

he takes private jet Gulfstream to China mah
cheap mah
its only USD450,000 per booking

Posted by Victor Yong > 2020-11-07 12:36 | Report Abuse

The carrier reported a net loss of S$2.3bil (US$1.7bil) for the three months ended Sept. 30 versus a S$94.5mil profit the same period a year ago, before Covid-19 spread around the world, closing borders and all but putting an end to international travel. Revenue plunged 81% to S$783.8mil, the carrier said in an exchange filing.

SINGAPORE: Singapore Airlines Ltd posted its biggest ever quarterly loss as the coronavirus decimated travel demand and fuel hedging and fleet impairment charges weighed on its bottom line.

The carrier reported a net loss of S$2.3bil (US$1.7bil) for the three months ended Sept. 30 versus a S$94.5mil profit the same period a year ago, before Covid-19 spread around the world, closing borders and all but putting an end to international travel.

Revenue plunged 81% to S$783.8mil, the carrier said in an exchange filing.

Singapore Airlines is cutting about 20% of its workforce and has raised S$11bil in funds through a rights offering and loans in a bid to survive the downturn.

The International Air Transport Association forecasts passenger demand may not return to pre-Covid levels before 2024. The situation is particularly dire for carriers like Singapore Airlines that have no domestic market to fall back on.

“The recovery from the Covid-19 pandemic is likely to remain patchy, given the new waves of infections around the world and concerns about imported cases, ” Singapore Airlines said in the statement.

“Nonetheless there are early signs of optimism. Customers are slowly becoming more confident about air travel, given the robust health and safety measures that have been put in place by airlines, airports and governments.”

The company implemented a second three-year transformation program in October as it tries to revive its business amid the devastating outbreak.

For the half year ended Sept 30, Singapore Airlines reflected S$1.3bil in impairment charges due to the removal of 26 older aircraft after reviewing its network to determine the size and mix of its fleet over the longer term.

That included seven A380s, eight 777s, nine A320s and two A319s.

The carrier said in July that the review could lead to a material impairment of about S$1bil on the carrying values of older generation aircraft, particularly Airbus SE A380s.

The main line had 134 aircraft in its fleet at the end of December last year, including 19 A380s. The carrier’s fuel hedging policy, meanwhile, contributed to a S$563mil loss.

In 2017, Singapore Airlines extended some of its fuel-hedging contracts to as far out as five years, from the usual 24 months.

The airline said yesterday it has paused fuel hedging activity since March given the uncertain pace of recovery. — Bloomberg

Posted by Victor Yong > 2020-11-07 12:36 | Report Abuse

Right issue or private placement

Posted by Victor Yong > 2020-11-07 12:37 | Report Abuse

Tony & kamal should inject back some returns via private placement

Posted by hiengor > 2020-11-07 18:09 | Report Abuse

Now almost whole peninsular CMCO, macam mana air Asia

Posted by Victor Yong > 2020-11-07 20:05 | Report Abuse

https://selangorkini.my/2020/11/pkpb-di-selangor-kl-putrajaya-disambung-sehingga-6-dis/?utm_source=dlvr.it&utm_medium=facebook&fbclid=IwAR1pT9hwd1Ml14ITLjnDSelcfjAU-a3t9UoDLPe8q9bd_LjOEk-i_A6u_k0

Posted by Victor Yong > 2020-11-07 20:05 | Report Abuse

KUALA LUMPUR (Nov 7): The National Security Council (MKN) is assessing whether to impose a Movement Control Order (MCO) throughout Sabah in view of the continuously high number of Covid-19 cases being recorded daily.

Senior Minister (Security Cluster) Datuk Seri Ismail Sabri Yaakob said MKN and the Health Ministry (MOH) are expected to table and announce a decision on the matter on Monday.

"Almost all districts in Sabah have been declared red zones ... we have been asked by the Prime Minister [Tan Sri Muhyiddin Yassin] to hold a special technical committee meeting to make a thorough study in determining the standard operating procedures (SOP) and its impact from various aspects.

"If we were to reintroduce the Movement Control Order (MCO) all over again for example, a new SOP will have to be reintroduced and its implementation must be according to MOH guidelines," he told a press conference on the development of the Recovery MCO (RMCO) here today.

Meanwhile, when asked to comment on individuals who breach the inter-state travel ban during the Conditional MCO period, Ismail Sabri said the police would be instructed to tighten control at roadblocks.

Posted by Victor Yong > 2020-11-07 20:06 | Report Abuse

Covid-19: CMCO will be enforced in Kuching district from Nov 9-22 — Uggah

Posted by tkl88 > 2020-11-08 02:29 | Report Abuse

Superb good news !

Biden Wins Presidency, Ending Four Tumultuous Years Under Trump
https://www.google.com.my/amp/s/www.nytimes.com/2020/11/07/us/politics/biden-election.amp.html

By Jonathan Martin and Alexander Burns
* Nov. 7, 2020
Updated 12:48 p.m. ET

Joseph R. Biden Jr. achieved victory offering a message of healing and unity. He will return to Washington facing a daunting set of crises.

Joseph Robinette Biden Jr. was elected the 46th president of the United States on Saturday, promising to restore political normalcy and a spirit of national unity to confront raging health and economic crises, and making Donald J. Trump a one-term president after four years of tumult in the White House.
Mr. Biden’s victory amounted to a repudiation of Mr. Trump by millions of voters exhausted with his divisive conduct and chaotic administration, and was delivered by an unlikely alliance of women, people of color, old and young voters and a sliver of disaffected Republicans. Mr. Trump is only the third elected president since World War II to lose re-election, and the first in more than a quarter-century.
The result also provided a history-making moment for Mr. Biden’s running mate, Senator Kamala Harris of California, who will become the first woman to serve as vice president.
With his triumph, Mr. Biden, who turns 78 later this month, fulfilled his decades-long ambition in his third bid for the White House, becoming the oldest person elected president. A pillar of Washington who was first elected amid the Watergate scandal, and who prefers political consensus over combat, Mr. Biden will lead a nation and a Democratic Party that have become far more ideological since his arrival in the capital in 1973.

Posted by tkl88 > 2020-11-08 02:52 | Report Abuse

Like that next Monday onwards world stock markets including our KLSE will spike up like mad already !

Huat ah ! Heng ah ! Ong ah !

Posted by flyingtomoon2020 > 2020-11-08 08:18 | Report Abuse

https://m.malaysiakini.com/news/549925

Posted by Addy > 2020-11-08 20:40 | Report Abuse

2021财政预算案（股市版）
https://www.youtube.com/watch?v=93gIvcNF8TE

Posted by KAQ4468 > 2020-11-09 11:09 | Report Abuse

Kapal terbang kasi terbang

Posted by KAQ4468 > 2020-11-09 11:09 | Report Abuse

Tak mau helicopter

Posted by KAQ4468 > 2020-11-09 11:09 | Report Abuse

Wakaka

Posted by KAQ4468 > 2020-11-09 11:09 | Report Abuse

Tony mana Tony

Posted by Donator > 2020-11-09 12:47 | Report Abuse

Tony baru bangun...tengah gosok gigi...

Posted by KAQ4468 > 2020-11-09 13:02 | Report Abuse

Aiyaaaaa... Bangun banyak Lambat

Malam malam banyak kongkek kuat

Posted by steven20 > 2020-11-09 13:27 | Report Abuse

He where still got mood kongkek.

Posted by tkl88 > 2020-11-09 14:36 | Report Abuse

President Biden is favours to world trade !
World economy will start booming from today onwards !
And asian stock markets including KLSE will be in bull market from today onwards !
As at 2.10pm,
Hang Seng : 26,095.46 (+382.49) (+1.49 %)
Shanghai composite: 3,380.38 (+68.23) (+2.06 %)
Nikkei : 24,912.31 (+587.08) (+1.41 %)
Taiwan Weighted : 13,127.47 (+153.94) (+1.19 %)
Korea Kopsi : 2,449.96 (+33.46) (+1.38 %)
Singapore STI : 2,611.34 (+32.66) (+1.27 %)

Huat ah ! Heng ah ! Ong ah !

Posted by KAQ4468 > 2020-11-09 15:41 | Report Abuse

Kong kek kuat

Kong kek kuat

Posted by KAQ4468 > 2020-11-09 16:19 | Report Abuse

Kasi kongkek 50 cents

Pancut at 1 ringgit

Posted by samo50sg > 2020-11-09 18:38 | Report Abuse

https://newsroom.airasia.com/news/delivering-magic-teleport-helps-customers-deliver-end-to-end-to-east-malaysia

Posted by Fishningen2 > 2020-11-09 19:23 | Report Abuse

Get ready tomorrow might limit up

Posted by Fishningen2 > 2020-11-09 19:23 | Report Abuse

Uncle kyy already post picture infront of airasia plane its a hint

Posted by Johnlee85 > 2020-11-09 20:28 | Report Abuse

https://www.theguardian.com/world/2020/nov/09/covid-19-vaccine-candidate-effective-pfizer-biontech

Wow vaccine! Gonna limit up tmr

Posted by limkokthye > 2020-11-09 20:58 | Report Abuse

trump lose, vaccine out, really a joke

Posted by bose00 > 2020-11-09 21:21 | Report Abuse

chance for AA recovery

Posted by birkincollector > 2020-11-09 21:28 | Report Abuse

owner of british airlines up 40%.....

Posted by tkl88 > 2020-11-09 21:59 | Report Abuse

Wow, oil price spike up like mad !
As at 9.50pm,
Nymex at => $40.67 (+3.53) (+9.50 %)
Brent at => $42.77 (+3.32) (+8.42 %)

Huat ah ! Heng ah ! Ong ah !

Posted by themeg > 2020-11-09 22:51 | Report Abuse

So now with COVID vaccine, AA and AAX can pay creditors full amount without haircut, no need to act pitiful. Air Asia burning cash like cray cray. Will collapse before COVID vaccine reaches ASEAN countries.

Posted by sampooler > 2020-11-09 22:57 | Report Abuse

https://www.thestar.com.my/news/world/2020/11/09/pfizer-biontech-say-their-covid-19-vaccine-is-more-than-90-effective

Posted by sampooler > 2020-11-09 22:58 | Report Abuse

I am sure dj up 1k point due to vaccine coming.

Posted by tkl88 > 2020-11-09 22:58 | Report Abuse

Oil Jumps by Most Since June on Covid Vaccine Progress
Alex Longley and Matthew Martin
Mon, November 9, 2020, 9:54 PM GMT+8·2 min
https://finance.yahoo.com/news/oil-climbs-biden-win-spurring-105416567.html

(Bloomberg) -- Oil in London jumped by the most since June as Pfizer Inc. reported a potential Covid-19 vaccine breakthrough.

Crude futures spiked following news the vaccine, being developed by Pfizer and BioNTech SE, prevented more than 90% of infections in a study of tens of thousands of volunteers.

Markets globally surged. WTI climbed more than 10% in New York, while global equities soared. It led to broader strength in the oil futures curve, with timespreads also moving sharply higher.

A vaccine “would be the most meaningful type of mitigator to the situation,” Saudi Energy Minister Prince Abdulaziz Bin Salman said prior to the Pfizer announcement at a conference on Monday. “We’re still hopeful that vaccine is found and that vaccine or vaccines spread and hopefully mobility would be regained.”

Since Covid first emerged, oil markets have been steadily recovering from the biggest crash in consumption in a generation. Transport use in Asia has rebounded strongly, but the renewed resurgence of the virus in Europe has continued to weigh on demand in the region. The emergence of a vaccine would not only help regions suffering form renewed lockdowns, but could also help spur the return of aviation demand -- the hardest hit corner of the market.

The relief in the market was seen in the profits from turning crude into transport fuels. Gasoline cracks in the U.S. reached their highest since mid-October, while those in Europe also gained. Jet fuel was also gaining relative to the value of other transport fuels in Europe, Bloomberg fair value data show.

Prices had earlier rallied as Joe Biden declared victory in the U.S. presidential election and began preparations to navigate America’s pandemic-hit economy out of crisis, with potential shifts coming on a range of policies from fiscal stimulus to Iranian sanctions. At the same time, Saudi Arabia said that OPEC+ could extend oil cuts through 2022 as the group seeks to re-balance the glutted market.

Posted by charchar > 2020-11-10 00:09 | Report Abuse

see you guys tomorrow at the sky!!!

Posted by tkl88 > 2020-11-10 00:37 | Report Abuse

Walaoeh, Dow Jones spike up to sky high !
As at 12.05am,
Dow Jones at=> 29,425.57 (+1,102.17) (+3.89 %) !

Huat ah ! Heng ah ! Ong ah !

Posted by supafly83 > 2020-11-10 04:55 | Report Abuse

Early data always positive news... lol. Once bitten twice shy.

Posted by ocpd > 2020-11-10 07:49 | Report Abuse

If AA can tahan 1 year then maybe it would survive, but AAX confirm will die ...

Posted by sampooler > 2020-11-10 08:39 | Report Abuse

today AA limit up or just 10% jump?

Posted by 2021willnotbetter > 2020-11-10 08:40 | Report Abuse

now everyone can fly again

Posted by Cakes Moon > 2020-11-10 08:58 | Report Abuse

Walao, what happen? Gap up 30%?

Posted by Dannyfyl88 > 2020-11-10 08:58 | Report Abuse

Going to be a good play. Pump and dump time.

Posted by tkl88 > 2020-11-10 09:02 |

Post removed.Why?

Posted by tkl88 > 2020-11-10 09:05 |

Post removed.Why?

Posted by Shadows > 2020-11-10 09:11 | Report Abuse

Bank on vaccine news?