Posted by joyvest > 2023-04-25 18:45 | Report Abuse

Tony is said to be fed up with the regularisation plan.Inititally ,he designed with separate distinctive structures.Now he is advised to merge the two entities against his wish. Thats why he is not keen to continue his position....

Posted by bu4567 > 2023-04-25 21:15 | Report Abuse

This is not good news for shareholders

Posted by joyvest > 2023-04-25 22:43 | Report Abuse

In view of the uncertainty of the direction of Tony, it is good to wait and see until he has made his position clear cut.

Posted by izoklse > 2023-04-25 22:45 | Report Abuse

Aiyo why Tony want to exit. Is it part of the regulation plan ? adeh.

Posted by KingKKK > 2023-04-26 09:21 | Report Abuse

https://www.thestar.com.my/business/business-news/2023/04/20/recovery-in-china-domestic-aviation-sector

China aviation continues to recover. This bodes well for AAX.

Waiting for 2 good news now:
1. Approval for extension of regulatory plan somewhere this week.
2. Superb earnings in end May.

Target of RM3.36 if they can register sustainable EPS of 28 sen per quarter.

Posted by cotyijipi > 2023-04-26 14:24 | Report Abuse

Tony abandoning ship, run while u can

Posted by 9vegetable > 2023-04-26 15:15 | Report Abuse

omg d

Posted by KingKKK > 2023-04-27 08:52 | Report Abuse

OK, it is good to remind again that Tony already no longer CEO of AAX since few months ago in November. So no issue of abandoning ship at AAX.

https://www.thestar.com.my/business/business-news/2022/11/01/fernandes-steps-down-as-aax-ceo

Latest management of AAX as below.

http://www.airasiax.com/management.html

Posted by KingKKK > 2023-04-27 08:56 | Report Abuse

Even French President knows that China aviation reopening is real and seize the opportunity! News as below.

During a French state visit to China, Airbus signed new cooperation agreements with China Aviation industry partners.

Witnessed by Chinese President Xi Jinping and French President Emmanuel Macron, Airbus CEO, Guillaume Faury signed with the Tianjin Free Trade Zone Investment Company Ltd., and Aviation Industry Corporation of China Ltd., an agreement to expand A320 Family final assembly capacity with a second line at its Tianjin site. The agreement will contribute to Airbus’ overall rate objective of 75 aircraft per month in 2026 throughout its global production network.

https://www.airbus.com/en/newsroom/press-releases/2023-04-airbus-and-china-aviation-industry-sign-next-phase-in-partnership

Waiting for 2 good news now:
1. Approval for extension of regulatory plan somewhere this week.
2. Superb earnings in end May.

Target of RM3.36 if they can register sustainable EPS of 28 sen per quarter.

Posted by superbullklse > 2023-04-27 14:22 | Report Abuse

航空业今年将强势反弹吗？ CAPITALA 是否即将跟他们的航空业务说 Bye Bye？

https://klse.i3investor.com/web/blog/detail/superbullklse/2023-04-27-story-h-272373067

Posted by mujinkun > 2023-04-27 15:10 | Report Abuse

Fact...long time ago, Tony is no more CEO of AAX.

PUBLISHED 1 NOV 2022, 0:36 AM SGT
FacebookWhatsApp
KUALA LUMPUR - AirAsia’s Tan Sri Tony Fernandes has stepped down from his role as acting group chief executive of AirAsia X (AAX) with immediate effect, saying that he wants to focus on other commitments, according to the company’s filing on the local stock exchange.

Posted by 9vegetable > 2023-04-27 15:43 | Report Abuse

is it because capital A burn too much money in the ehailing business?

Posted by TheCrown > 2023-04-28 02:52 | Report Abuse

Tomorrow please break 1.34, 1.36, & 1.38... How good if it can break 1.82. If not, just switch to another counter

Posted by KingKKK > 2023-04-28 11:11 | Report Abuse

Why airfares are so expensive and likely to remain that way

https://www.thestar.com.my/aseanplus/aseanplus-news/2023/04/27/why-airfares-are-so-expensive-and-likely-to-remain-that-way

Posted by TheCrown > 2023-04-28 11:21 | Report Abuse

1.39 - 1.47 please break and shoot up!

Posted by Sarcasm777 > 2023-04-28 13:09 | Report Abuse

Share price continues to rise despite much speculation, a real bummer for haters. Couldn’t help but laugh at some of the comments like cut veggie, throw the hot pot (distressed company) and therefore looking for successor, oil price, myairline, ehailing etc.

Posted by joyvest > 2023-04-28 14:57 | Report Abuse

Apparently, no break through yet so it is difficult to thrust .

Posted by 9vegetable > 2023-04-28 15:44 | Report Abuse

really to take off liao. fasten your seatbelt!

Posted by mikewazowski > 2023-04-28 16:16 | Report Abuse

only just begun. tony is a smart man utilizing the media the past few weeks to collect more ticket for himself.

Posted by joyvest > 2023-04-28 16:52 | Report Abuse

Tony is not smart but foxy

Posted by mikewazowski > 2023-04-28 20:53 | Report Abuse

Look at the press release again today

Posted by The_JQuestion > 2023-04-29 00:48 | Report Abuse

Tony did not !! it was the media ... u got played by the media
He may leave one day but not without saving Airasia first .... he wan to ditch ship why ditch now ?? ditch at good time ??? Do not be played by weak sentiments and be safe out there !

Posted by EatCoconutCanWin > 2023-04-29 06:20 | Report Abuse

Buy before shooting

Posted by Travestor > 2023-04-29 07:14 | Report Abuse

https://newsroom.airasia.com/news/aax-1q20223-ops-stats

Posted by joyvest > 2023-04-29 07:50 | Report Abuse

I believe Tony is not keen to merge the two entities under the regularisation plan.

He is insinuating that he is leaving the Group if he is under pressure to go against his wish.He prefers to maintain the two separate entities to serve different segment as he has originally planned.

Posted by joyvest > 2023-04-29 08:20 | Report Abuse

In order not to create havoc in the market,tony has already hinted his intention to depart in the media. I still believe the root to his departure is attributable to the regularisation plan.

Basically,what he is insinuating is that if you people don't trust his business model,he will quit.

Posted by KingKKK > 2023-04-29 10:01 | Report Abuse

While u all still quarrel over whether Tony will leave (when I repeat so many times he is no longer CEO of AAX), AAX announced the superb passenger volume. Up 49% in Q1 against Q4 last year.

Focus on what matters...

Posted by Sslee > 2023-04-29 11:40 | Report Abuse

AAX will do well without Tony and capitalA plan injection of CapitalA aviation with its billions liabilities.

Posted by Mikecyc > 2023-04-29 13:46 |

Post removed.Why?

Posted by Mikecyc > 2023-04-29 13:48 |

Post removed.Why?

Posted by KingKKK > 2023-05-02 09:12 | Report Abuse

AAX passenger traffic jumped 49% in 1Q2023 against 4Q2022!

https://www.thestar.com.my/business/business-news/2023/04/28/airasia-x-passenger-traffic-jumps-49--in-1q

KUALA LUMPUR: AirAsia X Bhd (AAX) carried 504,476 passengers in the first quarter (1Q23), up 49% from 337,638 passengers in the fourth quarter of 2022, driven by the New Year holidays and spring season travel demand.

The carrier, in a statement, said the impressive performance was on the back of increased seat capacity which grew by 47% quarter-on-quarter (QoQ) to 630,069 seats while available seat kilometres (ASK) surged by 71% to 2,899 million.

“This quarter, an extensive focus continued for fleet reactivation supporting the ramp up of flight frequencies across AirAsia X’s core network.

“AAX relaunched more destinations catering to strong demand, now serving scheduled flights to Osaka, Busan as well as Shanghai, besides increasing its services to fly seven times weekly to Tokyo,” it said.

Posted by The_JQuestion > 2023-05-02 11:51 | Report Abuse

All the way uptrend till QR .... let's see 1.80 - 2.00 ?? possible?

Posted by Michael R. > 2023-05-02 12:55 | Report Abuse

Does he smell turnaround impossible due to huge debt???

Posted by The_JQuestion > 2023-05-02 13:14 | Report Abuse

need superb QR bomb to boost up their confidence... in the making ,, stay tuned !

Posted by KingKKK > 2023-05-02 14:19 | Report Abuse

I will repeat this again, Tony already no longer CEO of AAX since few months ago in November. So no issue of abandoning ship at AAX.

https://www.thestar.com.my/business/business-news/2022/11/01/fernandes-steps-down-as-aax-ceo

Latest management of AAX as below.

http://www.airasiax.com/management.html

Posted by richie9966 > 2023-05-02 16:13 | Report Abuse

uptrend coming, vroom vroom...

Posted by teknikal > 2023-05-02 16:44 | Report Abuse

Double Bottom Bullish trend spotted.

Resistance level as below.
R1 = RM1.48
R2 = RM1.68
R3 = RM2.35

Posted by TheCrown > 2023-05-02 18:52 | Report Abuse

Waiting to hit 1.79, then up to 2.65 and potential further to (7.27 for the long term)

Posted by ykyew11 > 2023-05-02 19:21 | Report Abuse

@pang72

Benyamin Ismail want to resign? Haven't heard of this

Posted by KingKKK > 2023-05-03 09:10 | Report Abuse

Huge Turnaround: Malaysia Airlines Goes From $173 Million Loss To $125 Million Profit

It was one of the best-ever quarter performances posted in the past two decades.

The Malaysia Aviation Group posted a significant financial turnaround, with last year's operating profit of approximately RM556 million ($125 million) effectively reversing the RM767 million ($173 million) operating loss reported in 2021. The return to profitability was also despite higher fuel prices, labor costs, and a weaker currency.

https://simpleflying.com/malaysia-airlines-turns-huge-2022-loss-2023-profit/

Posted by KingKKK > 2023-05-03 09:16 | Report Abuse

If MAS can stage a huge turnaround, imagine what AAX can do for its upcoming result in about 20-25 days time.

Posted by willc48 > 2023-05-03 16:07 | Report Abuse

AAX no value when international flight also not competitive. wonder from a PN17 to super high valie tjan mother share xapitalla/airasia?

Posted by KingKKK > 2023-05-03 16:49 | Report Abuse

AAX no burden from digital venture as it is pure aviation.
Capital A digital venture still making loss that's why limits overall group profit upside.

Posted by KingKKK > 2023-05-05 09:07 | Report Abuse

International travel jumped 69% year-on-year in March 2023 against March 2022, according to International Air Transport Association (IATA).

Air travel records strong demand growth in March 2023, says IATA

KUALA LUMPUR (May 4): Air travel recorded a strong demand growth for March 2023, rising 52.4% in total traffic as measured in revenue passenger kilometres, or RPKs, compared with March 2022, the International Air Transport Association (IATA) said.

“Domestic traffic for March rose 34.1% compared to the year-ago period. Total March 2023 domestic traffic was at 98.9% of the March 2019 level,” it said in a statement on Thursday (May 4).

It said international traffic climbed 68.9% versus March 2022, with all markets recording healthy growth, led once again by carriers in the Asia-Pacific region.

https://www.theedgemarkets.com/node/665619

Posted by Sarcasm777 > 2023-05-05 12:28 | Report Abuse

@pang72 aax no debt ya fyi. 99.5% debt wiped out by creditors. It might affect YOU, however.

Posted by Sarcasm777 > 2023-05-05 14:52 | Report Abuse

Restructure again la. What’s so difficult?

Posted by The_JQuestion > 2023-05-05 15:23 | Report Abuse

Then cap A will go back to 4.35 again???

Posted by KingKKK > 2023-05-05 15:43 | Report Abuse

Read this for the debt restructuring which clearly state that debt has been reduced.

Page 16, Annual Report 2022:

Total liabilities reduced significantly to RM2.7
billion (2021: RM35.5 billion) as a direct result of
the Debt Restructuring exercise executed by the
Company.

Posted by KingKKK > 2023-05-05 15:52 | Report Abuse

AAX has RM182 million in cash and only RM50 million in immediate liabilities to be paid within a year.

Moreover, the company can also generate its own cash flow.

Posted by The_JQuestion > 2023-05-05 17:35 | Report Abuse

Let's see if QR good.. pn17 is not a problem ,, it will be auto released
after debt restruct ,, already healthy dk why bursa still don wanna let them go yet probably afraid Tony will take advantage but it will surely get out of pn17 by default too.