Posted by Mabel > 2024-03-12 09:59 | Report Abuse

Malaysia aiming for 27.3 million tourist arrivals in 2024 — deputy minister

Posted by Mabel > 2024-03-12 10:00 | Report Abuse

KUALA LUMPUR (March 11): The Ministry of Tourism, Arts, and Culture anticipates tourist arrivals in Malaysia to reach 27.3 million, with an expected income of RM102.7 billion, in 2024.

Posted by EngineeringProfit > 2024-03-12 10:04 | Report Abuse

So, good to check in to board today for north lfight or what, Captain Mabel? You don't sleep in the cockpit in batik lah

Posted by EatCoconutCanWin > 2024-03-12 12:38 | Report Abuse

This stock still can average? It looks bottomless now

Posted by Balian de Ibelin > 2024-03-12 12:42 | Report Abuse

"He" has a medical condition, skin issues in plural that mandates taking air baths so sleep inside Cock_Pit stark naked. The banana thing will swing freely.


Posted by EngineeringProfit > 2 hours ago | Report Abuse

So, good to check in to board today for north lfight or what, Captain Mabel? You don't sleep in the cockpit in batik lah

Posted by EngineeringProfit > 2024-03-13 10:34 | Report Abuse

Captain Mabel, got direct flight to 0.78 or not?

Posted by Sslee > 2024-03-13 13:07 | Report Abuse

Very suprised why Stony so quiet and did not protest the increase?

KUALA LUMPUR (March 12): Batik Airline is hoping for a better standard of service for use of the facilities at Kuala Lumpur International Airport (KLIA), following the decision by the Malaysian Aviation Commission (Mavcom) to standardise the passenger service charges for all international flights out of KLIA or klia2 and other airports at RM73 by June 1 — which will effectively raise the rates for Asean-bound flights from RM35 to RM73.

Posted by The_JQuestion > 2024-03-13 15:35 | Report Abuse

stony confirm don wanna pay lol...... this MAHB another blood draining co.. nvr improve , clueless , just taking money from all of us and do ntg... typical gov way of subcon/crony
no service no value no return

Posted by Sslee > 2024-03-14 10:04 | Report Abuse

I believe a company in distress should be ascertained not on balance sheet historical numbers, or accounting, but on cash flow. Is this company liquid? Is it making money? Does it have a future?

Haha good one from Stony on PN17 defination.
So did capA generating any positive cash flow to pare down debts and current liabialities?
Who are you try to kid Stony?


Covid-19 had totally destroyed capA balance sheet. The only way to rebuilt/reset the balance sheet is debts restucture where everyone need to take a haircut. But for reason only knew to Stony only AAX go thro' a debts restructure but not capA.

With net current liabiliaties of RM (12,507,207,000) where can capA going to get the money to fulfill the obligation to pay the current liabilities for next 12 months.

31/12/2023: 31/12/2022
RM'000: RM'000
Total equity: (10,469,461): (9,516,958)
Shareholders' equity: (8,710,574): (5,725,093)
Net current liabiliaties: (12,507,207): (8,509,066)

Posted by Sslee > 2024-03-14 10:19 | Report Abuse

https://theedgemalaysia.com/node/703296

Posted by SinGor > 2024-03-14 10:52 | Report Abuse

aax can leave PN17 Not bcos management can inject Cash into Balance Sheet. But comes from a Bankers
Hair Cut----Now buying AA means injecting 12Bil Debt "again" into B/S----Meaning Bankers are again
ask for another Hair-Cut next year? bankers so excited for a hand-shake. I think manyak susah----This Boat is Full of Holes

Posted by OleOleOle > 2024-03-14 23:09 | Report Abuse

Actually, I have a question for Tony & the Board,
instead of selling AA aviation business to AAX, in turn put heavy burden on AAX,
can CapA do a revaluation on its aviation business as material costs, building costs for plane, and also the second hand value for plane had risen, and then realized its excess value as goodwill, therefore improves the balance sheets without even selling the aviation business?
After all, CapA is making hefty money, if given sufficient time I'm sure it can pay off all its debts.

Posted by OleOleOle > 2024-03-14 23:32 | Report Abuse

Tony should not be too aggressive on expansion plan, instead should concentrate on improving the balance sheet, or else it is not different from building an empire of debts.

Posted by OleOleOle > 2024-03-15 01:31 | Report Abuse

New out of PN17 option without selling AA Aviation business to AAX:

Action 1:
Assume excess valuation for each plane of US$3.8mil. Or may be higher! LOL
Total 219 air planes yield excess value gain of RM3,821mil (1US$ to RM4.5915)

Action 2:
Don't give free CAPI shares to CapA investors, but instead use it to double the goodwill from US listing.
Goodwill RM2.36 bil to RM4.72 bil.

Action 3:
Make agressive profit target for 2024: RM2 bil net profit after tax. LOL

Action 4:
Stop buying new planes for one year. LOL


To get out of PN17:
Total Equity Deficit = - 10,469.5 mil (RM)
Valuation gain = 3,821.0 mil (RM)
US Listing Goodwill = 4,720.0 mil (RM) [Note: No free CAPI share to CapA investors.]
2024 Profit target = 2,000.0 mil (RM)
--------------------------------------------------------------
Net Cap-A Equity = 71.5 mil (RM)
== 1.7c NAPS

Posted by Sslee > 2024-03-15 08:22 | Report Abuse

Almost all AA planes are lease planes from lessors.
The amount owed to lessors had snowball into
Current lease liabiliaties as at:
31/12/2023: 31/12/2022
RM'000: RM'000
5,259,638: 4,440,844

So do you think CapA can make enough cash flow to pay the current lease liabilities of RM 5,259,638,000 in 2024?

By the way if capA do not pay lessors tge lease rentals then lessors have the right to take back the lease planes.


Lease liabilities
The lease liabilities amounting to RM18.7 billion includes deferred aircraft leases of approximately RM2.3 billion. The lease liabilities are supported by ROU assets of RM12.1billion.

The Group had completed the restructuring of a total of 161 aircraft leases up to the date of this report including the waiver of lease rentals in arrears, as well as reducing future lease rates with a corresponding longer lease term, where necessary, and return of aircraft.

Posted by Sslee > 2024-03-15 08:23 | Report Abuse

So please OleOleOle stop your misinformation.

Posted by SinGor > 2024-03-15 09:27 | Report Abuse

Agreed All leased Planes---after Tony gave back 2 billion Cash to investors, mainly himself (to settle 800mil
personal Loan ) The Real reason why AA cannot Get Loan from Bankers bcos Banks wants Tony &
Kama as Guarantor---Both have no money in there Saving Acct---how to guarantee?

Posted by Sslee > 2024-03-15 09:48 | Report Abuse

Stony and Kama is still super rich only capA is poor.

Posted by Income > 2024-03-16 09:46 | Report Abuse

https://youtube.com/shorts/MY9yZVUnjEE?si=6i6T0kplhDp64Y8I

Posted by paulthesotong > 2024-03-16 16:13 | Report Abuse

Lets get MOVE ing...

https://www.bangkokpost.com/business/general/2759441/airasia-move-aims-to-be-top-low-cost-online-travel-agency

Posted by nickick > 2024-03-19 15:25 | Report Abuse

All in capital a now.. tony please dont let me down

Posted by Mabel > 2024-03-19 20:19 | Report Abuse

This counter no need to monitor so much..

trading P&L has been so steady..

The operator here very good...

Meow

Posted by Mabel > 2024-03-19 20:19 | Report Abuse

When it matters, Tony will cum with his magic..

MEOW

Posted by Mabel > 2024-03-19 21:11 | Report Abuse

Boeing CEO: We are losing billions and may have to shut down the company. We have to restructure and layoff employees in order to survive. Has this to do with Capital A not ordering a single plane from Boeing since...?

Meow Meow Meow

Posted by EngineeringProfit > 2024-03-19 21:16 | Report Abuse

Yup, autopilot😀

Posted by Mabel > 2024-03-20 16:07 | Report Abuse

Yes lah..

Our Capital A so steady...

Every day cum it climbs just like AirBuss

Captain A, the Magician Airlines

Posted by EngineeringProfit > 2024-03-20 16:17 | Report Abuse

Captain Mabel, can we go a long haul flight to 1.00 or 2.00?

Tired of short transit- in out

Posted by Sslee > 2024-03-20 16:21 | Report Abuse

If capA cannot make any money from below cheap sales then capA is nothing more than a Ponzi scam using advance sales money for working capital.

SEPANG, 20 March 2024 - Riding high on its streak of continuous achievements and significant growth, AirAsia added another celebratory milestone to the mix - announcing the launch of its extra special low fares to all of its destinations worldwide.

AirAsia guests can now enjoy huge discounts on flights to all the destinations across the airline’s extensive of over 130 destinations and growing. Indulge the thalassophile in you by relaxing on the sunny beaches of Bali, Lombok, Da Nang, Phu Quoc and more, or explore the hidden gems in some of AirAsia’s most frequented routes - Bali, Thiruvananthapuram and more from just RM153*.

If you’re looking for more adventures beyond Asean, make your way to the famed cities of Osaka, Taipei, Sydney, Almaty and so much more on AirAsia X from only RM309*. Book these and more on the AirAsia MOVE (formerly airasia Superapp) or the airasia.com website. Book from now till 31 March 2024 and fly between 15 April 2024 and 30 November 2024.

Posted by paulthesotong > 2024-03-20 17:20 | Report Abuse

Your fifth airline in Asean...Air Asia Cambodia!

Posted by Sslee > 2024-03-20 17:46 | Report Abuse

Whether fifth airlines or new route all wil be lose making. Only mature routes with high demand are profitable routes.

Posted by The_JQuestion > 2024-03-20 19:22 | Report Abuse

Looking so GOOD , waiting NASDAQ listing newss.... confirm listing will set this stock to blast off !!! flying in USD now

Posted by Mabel > 2024-03-21 09:36 | Report Abuse

...haha nice ...would be lovely to take a trip to Wall Street...

See today continue GREEN...

Meow Meow Meow

Posted by EatCoconutCanWin > 2024-03-21 13:42 | Report Abuse

Capital A got selling items again the god?

Posted by Junx Leow > 2024-03-21 15:51 | Report Abuse

2:1 ratio probably will keep something till april

Posted by angki > 2024-03-22 08:39 | Report Abuse

eveybody can fly

Posted by Junx Leow > 2024-03-23 10:06 | Report Abuse

马航都能赚7.7亿。。。。。。亚航不赚钱很奇怪叻。。。。。。。

Posted by Sslee > 2024-03-23 11:52 | Report Abuse

This is because MAS reset it Balance sheet with a debt restructure whereas capA Balance Sheet is a total disaster.
31/12/2023: 31/12/2022
RM'000: RM'000
Total equity: (10,469,461): (9,516,958)
Shareholders' equity: (8,710,574): (5,725,093)
Net current liabiliaties: (12,507,207): (8,509,066)


Malaysia Aviation Group Awarded the ‘Restructuring Deal of the Year’ Award at The Aviation 100 Deals of the Year Awards 2022
13 MAY 2022|MALAYSIA AVIATION GROUP
KLIA, 13 May 2022: Malaysia Aviation Group (MAG) has emerged as the winning entity for ‘Restructuring Deal of the Year’ at the Airline Economics’ The Aviation 100 Deals of the Year Awards 2022 following the successful restructuring exercise, which saw the Group reduce its liabilities of over RM15 billion and eliminating RM10 billion in debt mounted from decades-long issues of its balance sheet.

Posted by DickyMe > 2024-03-23 12:06 | Report Abuse

"‘Restructuring Deal of the Year’ Award " is an insult to intelligence.
This award recognises complacency, mismanagement, mediocrity and lack of creativity in conducting business. Dimwits are proud of such award.

Posted by Sslee > 2024-03-23 12:54 | Report Abuse

I am also suprised why AAX did not get any debts restructure award of the year for paying 0.5 cent for every dollar owed.

Hopefully capA will get an award of the year for the most innovative and ceative way to get capA out of PN17.

Capitalize capA future earning by listing CAPI in US and then tranfer all the debts in aviation to AAX (under pretence of consolidate all airasia aviation busineses to AAX)

Posted by Junx Leow > 2024-03-23 13:21 | Report Abuse

sound CAPI listed and CapA exit pn17 only the way!!!!!! Just keep your share for now, and wait for another 3 month.

Posted by ken2004 > 2024-03-24 15:03 | Report Abuse

To compare MAS with CapitalA is one with gov backup and one on its own, how many bailout already for MAS and even not sure whether any writeoff involved using taxpayer money............

Posted by ken2004 > 2024-03-24 15:04 | Report Abuse

MAS already bankrupt for years if not the gov cash injection, so frankly I am quite amaze with CapitalA on how they can survive regardless of how bad the comment on their creative idea. Atleast they survive..........

Posted by EngineeringProfit > 2024-03-24 15:13 | Report Abuse

Now everyone can fly!

Posted by paulthesotong > 2024-03-25 09:19 | Report Abuse

joyful employee,better airline safety passengers. more than airline

https://www.bernama.com/en/business/news.php?id=2282178

Posted by Sslee > 2024-03-25 09:24 | Report Abuse

Joyful employees?
Know how many months bonus SIA pay their employees and already how many years air asia never pay bonus to employees.

Posted by paulthesotong > 2024-03-25 09:33 | Report Abuse

yeah how many moons?

Posted by Sslee > 2024-03-25 09:48 | Report Abuse

Know how Stony solved the PAA problems?
Stony abuse his power using capA to increase PAA holding from 40% to 100% without shareholders agreement or disclose the detail of the deal to Bursa hence end up with a disaster balance sheet.

31/12/2023: 31/12/2022
RM'000: RM'000
Total equity: (10,469,461): (9,516,958)
Shareholders' equity: (8,710,574): (5,725,093)
Net current liabiliaties: (12,507,207): (8,509,066)

Tony Fernandes literally loses his shirt! Isla Lipana red flags Air Asia Philippines after hemorrhaging P14B in last 2 years
BILYONARYO.COM
October 23, 2023
Things are getting turbulent in Tony Fernandes’ Air Asia Philippines (AirAsia) adventure as the budget carrier has taken a nosedive, racking up a jaw-dropping P14 billion in losses over the past two years.

Isla Lipana & Co., the auditing firm, isn’t pulling any punches and is openly questioning whether Fernandes can navigate AirAsia through financial storm clouds.

In the firm’s latest annual report, Isla Lipana said AirAsia’s massive losses -P7.9 billion in in 2022 and P6.4 billion in 2021 – which have pushed its capital deficiency to P39.9 billion or 60 times its original capital.

Beyond these losses, AirAsia is grappling with unpaid obligations to creditors and aircraft lessors.

As of 2022, AirAsia is mired in a liability quagmire, with P11 billion in dues and demandable payments and another P24 billion due within a year.

The airline’s struggle to meet its obligations predates the pandemic. In 2018, it failed to meet financial commitments related to a P1.78 billion loan from BDO Unibank. The carrier managed to postpone payments to BDO as well as restructure its lease contracts with aircraft suppliers.

Isla Lipana said these figures indicate that a “material uncertainty” exists on its ability to continue as a going concern.

Posted by HaHassan > 2024-03-27 17:28 | Report Abuse

Bila Capatial A mau jual perniagaan penerbangan kepada AAX?

Posted by The_JQuestion > 2024-03-27 23:09 | Report Abuse

Aairport going rm 10 .... CAP A rm 1 soon ... follow la , tony chase up pls

Posted by Sslee > 2024-03-28 07:12 | Report Abuse

Stony wish list for 2024:
Positive outlook on macro indicators
○ Anticipated downward trajectory of brent Crude Oil Price, with prices estimated to reach as low as USD78 per barrel in 2024
○ Expected strengthening of MYR against US Dollar, with an estimated closure at RM4.20-RM4.40/USD by year-end.
○ Market expectations of further interest rate cuts in 2024, advantageous given that 70% of costs are denominated in US dollars.

Q1 end 31/3/2024 almost come to the end.
Stony 2024 wishes will not be granted.

At current USD to MYR exchange rate, high Brent crude oil and no USD interest rate cut will Q1 ended 31/3/2024 another lose making quarter?