Posted by Balian de Ibelin > 2024-08-27 18:11 | Report Abuse

in the meantime while air travel is still allowed.
Buy a coffin first before you buy a plane ticket. 😁

Posted by AnthonyAng666 > 2024-08-27 20:53 | Report Abuse

Buy life insurance before you buy a coffin 😂

Posted by Mabel > 2024-08-27 22:59 | Report Abuse

https://www.thestar.com.my/business/business-news/2024/08/27/fernandes-hopes-to-hit---------the-sweet-spot-with-mas

SEPANG: Capital A Bhd is open to collaborating with Malaysia Airlines (MAS) to provide in-flight meals via its food and beverage catering subsidiary Santan Food Sdn Bhd.

------
Time to take some nice vacation after a great wins lately. Since we are travelling next week, tonight Mabel complete her booking to travel to travel to some nice beaches some where in...Time for Mabel to try her new swimming suits..

Managed to order few add on to make our travel experience a pleasant one including some delicious creation of Mabel Oil specially prepared by Chef Simone, Klara, Iona and Una from Mabel Sime Darby Guthrie, KLK, IOICorps and United Plantation. Our Santan, the in-flight catering and food offers a delightful range of menu items. Here are some highlights:

Pak Nasser’s Nasi Lemak: A classic rice dish with coconut milk, sambal, fried anchovies, crunchy groundnuts, and half a hard-boiled egg.

Nasi Padang Beef Rendang: Flavourful beef rendang served with rice.

Nyonya Curry Laksa: A rich and aromatic noodle soup with coconut-based curry.

Fried Chicken with Nam Prik: Crispy fried chicken paired with nam prik (a Thai chili dipping sauce).

Chicken Satay with Peanut Sauce: Skewered chicken satay served with a delicious peanut sauce.

Additionally, Santan has introduced ‘Club Zero,’ promoting healthier options with reduced sugar content. This initiative includes collaborations with local brands like Secret Recipe and Tealive, setting new standards for low-sugar food and beverages across AirAsia flights..

Thank you Tony

Yum Yum…

Posted by Johnchew5 > 2024-08-28 08:08 |

Post removed.Why?

Posted by Johnchew5 > 2024-08-28 08:27 |

Post removed.Why?

Posted by Johnchew5 > 2024-08-28 09:04 |

Post removed.Why?

Posted by Johnchew5 > 2024-08-28 16:06 | Report Abuse

https://www.chinapress.com.my/?p=4077809

Posted by Johnchew5 > 2024-08-28 16:06 | Report Abuse

今年起大批员工离职 陆兆福: 马航零件出问题 也缺专业技术员
文文文
time
19分钟前

Posted by paulthesotong > 2024-08-28 17:19 | Report Abuse

Pain in Malaysia Airlines, Gain in Airasia?

https://focusmalaysia.my/caam-cuts-malaysia-airlines-aoc-validity-due-to-ongoing-flight-issues/

Posted by Mabel > 2024-08-28 18:01 | Report Abuse

Yes Paul...

Cum to AirAsia...

PUTRAJAYA: A shortage of aircraft engineers and mechanical components has led to recent flight disruptions at Malaysia Airlines Bhd (MAB), said Transport Minister Anthony Loke.

An audit by the Civil Aviation Authority of Malaysia (CAAM) revealed that 63 of 411 qualified MAB Engineering Services staff have left since January.

"CAAM found that these resignations may be due to more attractive salary offers from other maintenance companies," Loke said at a press conference today.

He said the findings were based on a surprise investigation conducted by CAAM at Malaysia Airlines and MAB Engineering Services from June 24 to June 28.

https://www.nst.com.my/news/nation/2024/08/1097823/malaysia-airlines-hit-staff-resignations-causing-flight-disruptions

Posted by Mabel > 2024-08-28 20:21 | Report Abuse

AirAsia MOVE, your all in one travel app..

Explore the world and go all the way! Book flights, hotels, and plan your trips easily. Get affordable airport transfers, travel insurance, and more! Make AirAsia MOVE your favorite travel companion now!

Thank you Tony!

Posted by nich0las > 2024-08-29 18:39 | Report Abuse

kanasai的公司，亏5个亿。明天卖卖卖！

Posted by Sslee > 2024-08-29 19:07 | Report Abuse

SEPANG, 29 August 2024 – Capital A Berhad (“Capital A” or the “Group”) today reported its unaudited financial results for the quarter ended 30 June 2024 (“2Q2024”).

The Group, consisting of Aviation Group and Capital A Companies - Capital A Aviation Services, Teleport, MOVE Digital and Capital A International, posted second quarter revenue of RM4.9 billion and EBITDA of RM735 million, representing Year-on-Year (“YoY”) increase of 54% and 59%, respectively. The result is achieved despite ongoing fleet reactivation efforts with 22 aircraft remaining grounded. Capital A’s non-aviation companies showcased promising progress, achieving over RM1.3 billion in Year-to-Date (“YTD”) revenue, surpassing YTD revenue in FY2023.

Collectively, the Group achieved Net Operating Profit of RM52 million but a Net Loss of RM542.5 million, primarily due to RM403.9 million in unrealised foreign exchange losses and over RM175 million in finance and depreciation cost relating to non-operating aircraft costs. However, the Group’s YTD net cash from operations doubled YoY to RM2.1 billion.

Posted by Sslee > 2024-08-29 19:18 | Report Abuse

As at 30/6/2024
RM'000
Net current liabilities (13,478,846)
Total equity (11,244,436)
NTA RM (2.12)

Current lease liabilities RM 5,510,697,000

Can capA generate enough cash flow to pay the current lease liabilities?

Group’s YTD net cash from operations doubled YoY to RM2.1 billion.
Cash flow from financing activities
Repayment of lease liabilities RM (1,792,676,000)

Posted by ken2004 > 2024-08-29 20:11 | Report Abuse

so tomolo bloodbath for capital a..........

Posted by ken2004 > 2024-08-29 20:12 | Report Abuse

can challenge 0.64 lowest of the year price........

Posted by SinGor > 2024-08-29 20:38 | Report Abuse

I saw Tony when his troop was promoting SANTAN to MAS----He look so Old compare 2 years ago

Posted by Balian de Ibelin > 2024-08-29 21:17 | Report Abuse

Kena whacked by Malaysia Airlines Ryanair Yield Control Curve implemented since 2019.

The only solution is to FORCE Malays.ia Airlines to adopt back fixed pricing yield curve of pre-2019.
or Malaysia Airlines pays CapA RM20 Billion and CapA takes over Malaysia Airlines.
Any other method is doomed.

CapA punya Reverse Ryanair Yield Control Curve will burn the Malaysia Airlines RM20 Billion in less than 5 years though.

Posted by ken2004 > 2024-08-29 21:31 | Report Abuse

The different between MAS and Capital A is MAS is back by gov but Capital A is self funded, actually respect this Tony, can still survive till now..........

Posted by Sslee > 2024-08-30 08:41 | Report Abuse

CapA and Stony is in survival mode that the fact and reality. The recent appreciation of Ringgit against USD help but is it too litter too late?

CapA need recapitalize and lessors need to take a hair cut. CapA is too good to the lessors and still paying lessors RM (100,343,000 + 76,568,000) for non operating aircrafts in Q2 ended 30/6/2024.

Posted by Mabel > 2024-08-30 09:06 | Report Abuse

OK Lah...Mabel will try to sell today at 80 sen...

Let see if any Uncles and Aunties wang to buy...

Meow

Posted by Balian de Ibelin > 2024-08-30 09:08 | Report Abuse

Capitulation => Mabel sell means it is a buy call. 😁

Posted by Mabel > 2024-08-30 10:00 | Report Abuse

Haha still waiting to collect more at 64 sen..

Let see if Uncle and Aunties Shorties can help..hihihi

To Our Success !

Meow

Posted by Jojobama > 2024-08-30 11:15 | Report Abuse

1 quarter half a billion of losses. 1H2024 already 0.8 billion of cumulative losses. might as well close shop.

Posted by Mabel > 2024-08-30 17:38 | Report Abuse

With a much stronger SGD, Mabel Airlines SIA is generous to reward the shareholders with Merdeka Angpow. Singapore Airlines Limited announced that at its AGM held on 29 July 2024 approved a final dividend of 38 cents per ordinary share for the year ended March 31, 2024 while Capital A Berhad reported its unaudited financial results for the quarter ended 30 June 2024 (“2Q2024”), a Net Loss primarily due to unrealized foreign exchange losses due to our earlier weak RM.

The Group, consisting of Aviation Group and Capital A Companies - Capital A Aviation Services, Teleport, MOVE Digital and Capital A International, posted second quarter revenue of RM4.9 billion and EBITDA of RM735 million, representing Year-on-Year (“YoY”) increase of 54% and 59%, respectively. The result is achieved despite ongoing fleet reactivation efforts with 22 aircraft remaining grounded. Capital A’s non-aviation companies showcased promising progress, achieving over RM1.3 billion in Year-to-Date (“YTD”) revenue, surpassing YTD revenue in FY2023.

The Group’s YTD net cash from operations doubled YoY to RM2.1 billion.

https://newsroom.airasia.com/news/capital-a-financial-results-second-quarter-2024#gsc.tab=0

The AirAsia Aviation Group intends to launch 23 new routes across its five units in Southeast Asia by end-September, a significant expansion that comes amid an improvement in earnings.

The low-cost airline group, which is in the process of being divested from parent Capital A, also expects passenger traffic recovery for the July-September period to be around 89% pre-pandemic levels, with growth led by Mainland China and India.

Still on target to get out of PN17 in 2025...

Meow

Posted by Mabel > 2024-08-31 16:06 | Report Abuse

Meanwhile Mabel Airlines AirAsia X (AAX) has been awarded the title of Best International Airline Flying to Australia at the Australian Aviation Awards 2024.

The ceremony in Sydney recognized AAX’s dedication to excellence and innovation within the aviation industry. The Australian Aviation Awards, now in their third year, celebrates the crème de la crème of the aviation industry.

The awards celebrate those shaping the future of flying through a rigorous judging process that evaluates growth, business development, diversity, leadership, innovation, and contributions to Australia’s aviation landscape.

Syabas Malaysia!!!
https://www.msn.com/en-my/lifestyle/travel/airasia-x-soars-to-new-heights-crowned-best-international-airline-at-the-australian-aviation-awards-2024/ar-AA1pHZxH?ocid=nl_article_link

Posted by Mabel > 2024-09-01 06:29 | Report Abuse

Maintain BUY call and MYR1.00 SOP-TP

2Q24/6M24 results came in marginally below our expectations as fewer than-expected aircraft were returned to service. That said, there are very positive tailwinds in easing jet fuel prices and the recovering MYR.

Moreover, the return to service of its entire fleet is a matter of ‘when’ and not ‘if’ to us. Thus, our earnings estimates, BUY call and MYR1.00 SOP-TP are maintained for now. CAPITALA expects to dispose its shareholding in its 5 airlines to AAX in 4Q24 and lift its PN17 classification in 1Q25/2Q

Results analysis

2Q24 EBITDA recovered 103% YoY largely due to:-
(i) passengers carried recovering 41% YoY; and
(ii) unit passenger revenue growing 15% YoY.

2Q24 EBITDA was down 29% QoQ largely due to unit passenger revenue seasonally easing 9% QoQ.

6M24 EBITDA recovered 213% YoY largely due to:-
(i) passengers carried recovering 67% YoY; and
(ii) unit passenger revenue growing 14% YoY.

Value Proposition
1. Asia’s leading low cost carrier with highest market share, largest fleet size and most extensive route network.

2. Operates in 5 countries after exiting Japan and India, which provides unrivalled route network reach.

3. Lowest unit cost airline in the world. Management is very ambitious, cost conscious and forward-thinking.

4. Growing middle class in Asia fueling growth in demand for
air travel.

5. Won the coveted ‘World’s Best LCC’ award for a record 15 times in a row by Skytrax.

Financial Metrics
1. Best financial indicator is core net profit ex-disposal gains, forex and fair value changes, and deferred taxation.
2. Forecast FY24E to return to core net profit on more passengers and higher fares.
3. Forecast FY25E core net profit to grow further on more passengers as all aircraft would have returned to service.
4. Sensitive to fuel price movement, a USD1 per barrel change in fuel price will move earnings by MYR40m-MYR50m.
5. Balance sheet as at end-2Q24 in a net debt position of MYR4.38b if ex-finance lease liabilities.

Capital Mabel Meow

Posted by Mabel > 2024-09-01 06:30 | Report Abuse

Share Price MYR 0.765
12m Price Target MYR 1.00 (+27%)
Previous Price Target MYR 1.00

Source : Mabel's Tiger Bank

Meow

Posted by Mabel > 2024-09-01 06:30 | Report Abuse

https://mkefactsettd.maybank-ke.com/PDFS/402984.pdf

Meow

Posted by Sslee > 2024-09-01 08:05 | Report Abuse

Lowest unit cost airline in the world. Management is very ambitious, cost conscious and forward-thinking.

Is capA after paying lease payment to lessors, will it be one of the most highest unit cost airlines?

Group’s YTD net cash from operations doubled YoY to RM2.1 billion.
Cash flow from financing activities
Repayment of lease liabilities RM (1,792,676,000)

CapA is too good to the lessors and still paying lessors RM (100,343,000 + 76,568,000) for non operating aircrafts in Q2 ended 30/6/2024.

As at 30/6/2024
RM'000
Net current liabilities (13,478,846)
Total equity (11,244,436)
NTA RM (2.12)

Current lease liabilities RM 5,510,697,000

Can capA generate enough cash flow to pay the current lease liabilities?
Luckily revenue bond come to the rescue. So that capA can live to fight for another day.

Posted by Sslee > 2024-09-01 08:08 | Report Abuse

Lowest unit cost airline in the world. Management is very ambitious, cost conscious and forward-thinking.

Just a question if above is truthful then why capA need to dispose its aviation to AAX?

Posted by Sslee > 2024-09-01 08:16 | Report Abuse

5. Balance sheet as at end-2Q24 in a net debt position of MYR4.38b if ex-finance lease liabilities.
Capital Mabel Meow

Why then pay lessors
Cash flow from financing activities
Repayment of lease liabilities RM (1,792,676,000)?

CapA is too good to the lessors and still paying lessors RM (100,343,000 + 76,568,000) for non operating aircrafts in Q2 ended 30/6/2024.

Posted by Mabel > 2024-09-01 09:29 | Report Abuse

While Mabel Airlines Capital A are making progress, Malaysia Airlines is currently facing significant challenges that have put it at a pivotal crossroads. The airline, once a top global carrier, is dealing with a crisis of confidence due to several operational issues. These include a shortage of skilled workers for aircraft maintenance and a lack of necessary parts.

Recently, the validity of Malaysia Airlines’ air operator certificate (AOC) was shortened to just one year, further impacting its reputation. The responsibility now lies with Khazanah, the airline’s major shareholder, and the board of directors to address these issues and steer the airline back on track.

https://www.thestar.com.my/business/business-news/2024/08/31/malaysia-airlines-at-pivotal-crossroads?utm_source=Smartech&utm_medium=email&utm_campaign=dailynewsalert&utm_content=20240901&__sta=vhg.uosvpxQddhqnejsu0sv%7CIFFHTVQ&__stm_medium=email&__stm_source=smartech

Posted by Mabel > 2024-09-01 09:51 | Report Abuse

#Sslee Lowest unit cost airline in the world. Management is very ambitious, cost conscious and forward-thinking.

Is capA after paying lease payment to lessors, will it be one of the most highest unit cost airlines?

Group’s YTD net cash from operations doubled YoY to RM2.1 billion.
Cash flow from financing activities
Repayment of lease liabilities RM (1,792,676,000)

CapA is too good to the lessors and still paying lessors RM (100,343,000 + 76,568,000) for non operating aircrafts in Q2 ended 30/6/2024.

As at 30/6/2024
RM'000
Net current liabilities (13,478,846)
Total equity (11,244,436)
NTA RM (2.12)

Current lease liabilities RM 5,510,697,000

Can capA generate enough cash flow to pay the current lease liabilities?
Luckily revenue bond come to the rescue. So that capA can live to fight for another day.
01/09/2024 8:05 AM

Good Morning Handsome sslee,

Let Mabel try to answer on behalf of Tiger. Stand to be corrected...

Lowest Unit Cost Airline: CapA (Capital A Berhad) is recognized for its low unit costs, which is a significant competitive advantage. The management’s ambition, cost-consciousness, and forward-thinking strategies have contributed to maintaining these low costs.

Lease Payments and Unit Costs: Despite its low unit costs, CapA’s substantial lease payments to lessors could potentially increase its overall unit costs. The company paid RM 176.91 million for non-operating aircraft in Q2 20242. This indicates a significant financial burden, especially when these aircraft are not generating revenue.

Cash Flow and Lease Liabilities: CapA’s year-to-date (YTD) net cash from operations doubled year-over-year (YoY) to RM 2.1 billion. However, the company also has substantial lease liabilities, with repayments amounting to RM 1.79 billion. This raises concerns about whether CapA can generate enough cash flow to cover these liabilities.

Financial Health Indicators:

Net Current Liabilities: RM 13.48 billion
Total Equity: RM 11.24 billion
Net Tangible Assets (NTA): RM -2.12 per share
Current Lease Liabilities: RM 5.51 billion
These figures highlight a challenging financial position, with significant liabilities and negative NTA.

Revenue Bond: The issuance of a revenue bond has provided CapA with much-needed liquidity, allowing it to manage its lease liabilities and continue operations. This move is crucial for the company’s short-term survival and long-term strategic planning.

Conclusion
While CapA’s management has successfully maintained low unit costs and ambitious growth strategies, the substantial lease payments and high liabilities pose significant challenges. The company’s ability to generate sufficient cash flow to cover these liabilities will be critical. The revenue bond offers a temporary reprieve, but sustainable financial health will require continued operational efficiency and strategic financial management.

Now you know why Mabel thinks Tony is a Magician. Remember, the different between MAS and Capital A is MAS is backed by gov but Capital A is self funded. Now you know why Mabel salute Tony, Air Asia can still survive till now..........

Cheers!

Meow

Posted by Willtolive > 2024-09-01 12:07 | Report Abuse

Power of hope is strong in this airline will continue to sell dreams and keep borrowing future money to cover past debts

Posted by JrWarren > 2024-09-01 13:41 | Report Abuse

With the ambitious to turn Malaysia into Asian Dubai, Ministry of Transport and Tony are working together in a master plan which not known by many.
1. Revitalization of Subang airport as local hub for domestic flight progressively from 2024 to 2030, more local flight will divert to Subang in future.
2. Expansion of hanger facilities in Malaysia to fulfill aircraft maintenance service.
3. Upgrade of KLIA 1 & 2 facilities to cater more international flights and more spaces as a transfer hub to other Asia Pacific Island and Asia countries.

We are clear that aviation business going to dispose soon, thus I only focus on non-aviation part in the financial statement. If you are hardworking and smart enough, the non-aviation EPS has a story to tell, whether the current share price is under/overvalue. Upon completion of all the corporate exercises, there will be no bargain left.

昨日黄花不可留，今日花圃犹可赏，明日花苞待盛开。

Posted by Sslee > 2024-09-01 16:50 | Report Abuse

Stony already make so many complaints about KLIA poor facilities, busy runway, not enough parking slot, inefficient ground and air control that contributed to many of AA flight delay.

So who going to pay for the delay?
Can Malaysians work togother and not blaming each other and make KLIA Asian Dubai?

Posted by JrWarren > 2024-09-01 19:01 | Report Abuse

Plan:
Yesterday: Tony complaint & Asian Dubai vision
Today: Revitalization of Subang airport and Upgrade of KLIA 1 & 2 facilities
Tomorrow: To prepare for Asian Dubai in Malaysia

What Sslee think:
Yesterday: AA making loss and huge debt, Tony complaint
Today: AA so many debt and making loss, sure pok gai.
Tomorrow: AA going to bankrupt and out of business soon.

Fact:
Yesterday: AA pok gai during covid and PN17.
Today: Load factor 80% ~ 90% every quarter, paying debt & service interest on time, expanding new routes and leasing more aircraft to catch up the business growth. Loss making due to non-cash item such as depreciation and unrealised cost.
Tomorrow: All the creative ideas and corporate exercise to quit PN17, progress is slow but still moving.

U can keep money at FD or EPF, risk free return until 60 years old, rather than ranting at i3 since 3 years ago.

Posted by Sslee > 2024-09-01 19:29 | Report Abuse

Depreciation of ROU assets, Finance cost lease liabilities and Finance costs

Above coat will be captured under Cash flow from financing activities
Repayment of lease liabilities RM (1,792,676,000)?

My ranting (telling the truth on capA financial health or ill) at i3 since 3 years ago most likely prevented /saved a lot of newbie/water fish from chasing high and trapped themselve inside capA for 3 years or more.

Posted by Balian de Ibelin > 2024-09-01 19:59 | Report Abuse

sslee
more than 99% of CapA investors are masochists who enjoy suffering.
the only way to "jerk off" is to lose money on CapA🤣

Posted by Mabel > 2024-09-01 20:50 | Report Abuse

Haha sslee tomorrow Mabel will put her que at 64 sen..

Please sell ya.. Hihihi...

Posted by freddiehero > 2024-09-01 21:17 | Report Abuse

When start offer?

Posted by raymondroy > 2024-09-01 21:37 | Report Abuse

Extract of Q2 Qtr results "......The Aviation Group reported a revenue of RM4,611.4 million for 2Q 2024, up 60% compared to the same period last year, in tandem with the upsurge of domestic and international travel"

What ever being said, on cashflow to enable the settlement of lease liabilities.... how many companies or sector can issue the above statement ??? 60% increase in revenue and fact is that AA has further room for expansion both in #aircrafts and also passengers.... new routes etc. Who does not want to be part of this expansions ??? :-)

Posted by Balian de Ibelin > 2024-09-01 21:58 | Report Abuse

This reminds me of Temu supplier revolt where Temu seized supplier goods and sold it all below cost.

In this case, woh tai seized the plane tickets and dumped it all below cost. 🤣

Posted by Sslee > 2024-09-01 22:07 | Report Abuse

KUALA LUMPUR, 31 August 2024 - AirAsia announced its signature FREE* Seats campaign, offering an incredible 10 million guaranteed seats across its network, covering 130 destinations in Asia, Australia and beyond. Highlighting the fast-growing AirAsia route network, this campaign inspires affordable travel to undiscovered and favourite destinations inviting rediscovery, whilst enhancing connectivity across these regions.

Ya another 10 million free seats dumped it all below cost. 🤣

So by disposing capA avition to AAX is that mean Stony/capA does not want to be part of this expansions ??? :-)

Posted by Balian de Ibelin > 2024-09-01 22:47 | Report Abuse

Stony says expansion no good? thats why dumped to AAX?
I am shocked !!! 😯

Posted by Mabel > 2024-09-02 00:26 | Report Abuse

Remember Capital A is more than an airline. It is our investment holding with a broad portfolio of synergistic travel and lifestyle businesses. At least Tony was braved and smart to turn a RM 1 Company into a World Best Low-Cost Airlines so that Everyone Can Fly…

Posted by Mabel > 2024-09-02 00:30 | Report Abuse

Touche JrWarren!

Mabel can see you are pretty smart...

As far as Mabel is concern having two Wonderful Airlines is already good enough. Remember it was Khazanah who decided to take MAG private and Mabel is pretty clear that aviation business going to dispose soon by Capital A to AAX, thus her only focus on non-aviation part. If you are hardworking and smart enough, the non-aviation EPS has a story to tell, whether the current share price is under/overvalue is not a matter of concern as Mabel thinks it is still very much undervalued. After the restructuring, Capital A will retain its non-aviation businesses. This includes:

Santan: The in-flight food and beverage business, which has expanded into a restaurant chain.
Teleport: The logistics and e-commerce delivery arm.
BigPay: The financial technology (fintech) company offering digital banking services.
AirAsia Super App: The digital platform providing various services, including travel, e-commerce, and lifestyle offerings.
RedBeat Ventures: The venture capital arm investing in technology and innovation.
These businesses will continue to operate under Capital A, focusing on diversifying revenue streams and reducing reliance on the aviation. This is where the growth is going to happen.

However, as a shareholder of Capital A, Mabel will still retain some exposure to the aviation business even after the restructuring. Here’s how it works:

• Distribution of NewCo Shares: Capital A plans to distribute 73.33% of the shares of the new aviation entity (NewCo) to its shareholders via a capital reduction. This means for every 1,000 shares of Capital A you hold, you would receive up to 397 shares of NewCo.
• Retained Stake: Capital A will still own 18.39% of the new aviation entity. This retained stake ensures that Capital A shareholders continue to benefit from the aviation business’s performance indirectly.
• Strengthened Financial Position: The restructuring is expected to strengthen Capital A’s financial position by translating non-cash gains into its books and improving its equity position, which is crucial for lifting itself out of the Practice Note 17 (PN17) status.

In summary, while the direct ownership of the aviation business will shift to AAX, Capital A shareholders will still have significant exposure to the aviation sector through the distributed shares and the retained stake in the new entity. Mabel can now focus totally and rely on Well Proven Singapore Airlines which is the World Best Airlines. In addition

SIA has more than 20 subsidiaries that provide various aviation-related services, such as ground handling, catering, maintenance, repair, overhaul, cargo, and low-cost flights. SIA, or Singapore Airlines, is the parent company of SATS and SIA Engineering, which are both listed on the Singapore Exchange
• SIA owns 40.8% of SATS, which provides ground handling and catering services to airlines and airports.
• SIA owns 77.4% of SIA Engineering, which provides maintenance, repair, and overhaul services to aircraft.
• SIA also owns 100% of Budget Aviation Holdings, which operates Scoot, a low-cost subsidiary of Singapore Airlines. Scoot has a fleet of widebody Boeing 787 Dreamliners, single-aisle aircraft from the Airbus A320 family, and plans to add the Embraer E190-E2 in 2024.

Malaysia and Singapore are Truly Asia with Mabel Airlines Clear Blue Skies in 2024. With 3 International Awards, it’s 150%% Success Rate for Mabel Airlines to help everyone to fly...
• Malaysia AirAsia continued success being named the World's Best Low-Cost Airline in 2023
• Singapore Airlines continued success being named the World's Best Airline in 2023
• Singapore's Scoot taking the top title as the World’s Best Long Haul Low-Cost Airline in 2023

Captain Mabel Meow

Posted by Mabel > 2024-09-02 00:32 | Report Abuse

Haha tomorrow Mabel will put her que at 64 sen..

Please sell ya.. Hihihi...

Posted by Sslee > 2024-09-02 06:54 | Report Abuse

Do you need to compare a PN17 and loss making CapA with SIA?