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 Air Asia X : IPO, Air Asia X

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yhtan
post Nov 1 2012, 04:33 PM

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QUOTE(river.sand @ Nov 1 2012, 03:02 PM)
I am always skeptical as to whether the concept of budget airlines can be applied to long haul flight. AAX has terminated the services to Europe and several cities in India.

For a start, unlike AA, meal is not optional in AAX; secondly, the seats have larger legroom.

One tactic used by AA is this: when an planes fly from KL to say, Bangkok, it will return immediately. AA thereby saves on hotel bills and meal allowance for the pilots and cabin crew. But this tactic is not applicable for flights from KL to Europe.
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I believe the cancellation is due to lost of landing rights, this part u need both government green light. I could be wrong in this case icon_rolleyes.gif


Added on November 1, 2012, 4:33 pm
QUOTE(river.sand @ Nov 1 2012, 03:02 PM)
I am always skeptical as to whether the concept of budget airlines can be applied to long haul flight. AAX has terminated the services to Europe and several cities in India.

For a start, unlike AA, meal is not optional in AAX; secondly, the seats have larger legroom.

One tactic used by AA is this: when an planes fly from KL to say, Bangkok, it will return immediately. AA thereby saves on hotel bills and meal allowance for the pilots and cabin crew. But this tactic is not applicable for flights from KL to Europe.
*
I believe the cancellation is due to lost of landing rights, this part u need both government green light. I could be wrong in this case icon_rolleyes.gif

This post has been edited by yhtan: Nov 1 2012, 04:33 PM
davinz18
post Nov 1 2012, 04:41 PM

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QUOTE(sarbuftaim @ Nov 1 2012, 04:15 PM)
Hmm. hmm.gif " Rushing" is the word... why in the rush, thought next year..as reported..if I am not mistaken !.
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okay, after looking at astro ipo as reference, i can say that draf prospectus will be out by end of this month, listing will be around end jan or mid feb 2013.


Added on November 1, 2012, 4:43 pm
QUOTE(masterjedi @ Nov 1 2012, 04:24 PM)
thru miti also taking 2  -3 month to open to retail.. so consider okeylah.. just compare with astro thru miti
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correct what you say.

my mistake blush.gif

This post has been edited by davinz18: Nov 1 2012, 04:43 PM
sarbuftaim
post Nov 1 2012, 04:52 PM

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QUOTE(masterjedi @ Nov 1 2012, 04:24 PM)
thru miti also taking 2  -3 month to open to retail.. so consider okeylah.. just compare with astro thru miti
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Astro ...miti open on 8/8, close 15/8, result 20/9, then open to public. hmm.gif
masterjedi
post Nov 1 2012, 05:01 PM

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QUOTE(sarbuftaim @ Nov 1 2012, 04:52 PM)
Astro ...miti open on 8/8, close 15/8, result 20/9, then open to public. hmm.gif
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itu astro.. maybe airasia x taking much longer smile.gif
coinstar
post Nov 1 2012, 05:12 PM

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QUOTE(masterjedi @ Nov 1 2012, 05:01 PM)
itu astro.. maybe airasia x taking much longer  smile.gif
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somebody please advice indicative price.... tq
zitis
post Nov 1 2012, 05:39 PM

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Listing next month - december.... Price 1.15 - 2.00
zitis
post Nov 1 2012, 05:46 PM

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QUOTE(davinz18 @ Nov 1 2012, 04:41 PM)
okay, after looking at astro ipo as reference, i can say that draf prospectus will be out by end of this month, listing will be around end jan or mid feb 2013.


Added on November 1, 2012, 4:43 pm

correct what you say.

my mistake  blush.gif
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The prospectus will be out tomorrow on SC website.... Not end of this month..
davinz18
post Nov 1 2012, 05:51 PM

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QUOTE(zitis @ Nov 1 2012, 05:46 PM)
The prospectus will be out tomorrow on SC website.... Not end of this month..
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really? thanks for the info
gark
post Nov 1 2012, 08:00 PM

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QUOTE(river.sand @ Nov 1 2012, 03:02 PM)
I am always skeptical as to whether the concept of budget airlines can be applied to long haul flight. AAX has terminated the services to Europe and several cities in India.

For a start, unlike AA, meal is not optional in AAX; secondly, the seats have larger legroom.

One tactic used by AA is this: when an planes fly from KL to say, Bangkok, it will return immediately. AA thereby saves on hotel bills and meal allowance for the pilots and cabin crew. But this tactic is not applicable for flights from KL to Europe.
*
I take lots of AAX flights before.. so here is the comment...

1. AAX meal is optional and is 20%-30% higher priced than AA, more or less you are forced to buy unless you wanna starve on a 12 hour flight (but i saw got people bring 'roti'). Also they sell entertainment(very less buyer) and comfort kit (some buyer). Baggage fee is also higher.
2. Yes AAX incur hotel cost and meal allowance for their staff... why do you think so many tune hotels opening up everywhere. Where do you think the staff have to stay if there is Tune hotel in town? brows.gif
3. Not true AAX get more legroom, feel like more or less same legroom as AA flights... doh.gif

This post has been edited by gark: Nov 1 2012, 08:03 PM
zitis
post Nov 1 2012, 08:07 PM

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QUOTE(gark @ Nov 1 2012, 08:00 PM)
I take lots of AAX flights before.. so here is the comment...

1. AAX meal is optional and is 20%-30% higher priced than AA, more or less you are forced to buy unless you wanna starve on a 12 hour flight (but i saw got people bring 'roti'). Also they sell entertainment(very less buyer) and comfort kit (some buyer). Baggage fee is also higher.
2. Yes AAX incur hotel cost and meal allowance for their staff... why do you think so many tune hotels opening up everywhere.  Where do you think the staff have to stay if there is Tune hotel in town? brows.gif
3. Not true AAX get more legroom, feel like more or less same legroom as AA flights... doh.gif
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Thanks for ur info.. Never use AA and AAX before.... Always with MAS and firefly smile.gif
arcadicus
post Nov 1 2012, 08:34 PM

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AAX just cant compete with mas for long haul destination... furthermore mas has joined the oneworld,.. whereas aax has closed some of their routes...


Added on November 1, 2012, 8:35 pmsome points to ponder... tongue.gif

This post has been edited by arcadicus: Nov 1 2012, 08:35 PM
river.sand
post Nov 1 2012, 08:44 PM

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QUOTE(zitis @ Nov 1 2012, 08:07 PM)
Thanks for ur info.. Never use AA and AAX before.... Always with MAS and firefly smile.gif
*
You must be rich rclxms.gif
The last time I flew with MAS was on company money laugh.gif


Added on November 1, 2012, 9:00 pm
QUOTE(gark @ Nov 1 2012, 08:00 PM)
I take lots of AAX flights before.. so here is the comment...

1. AAX meal is optional and is 20%-30% higher priced than AA, more or less you are forced to buy unless you wanna starve on a 12 hour flight (but i saw got people bring 'roti'). Also they sell entertainment(very less buyer) and comfort kit (some buyer). Baggage fee is also higher.
2. Yes AAX incur hotel cost and meal allowance for their staff... why do you think so many tune hotels opening up everywhere.  Where do you think the staff have to stay if there is Tune hotel in town? brows.gif
3. Not true AAX get more legroom, feel like more or less same legroom as AA flights... doh.gif
*
I thought AAX's seats can be reclined? Saw it in the newspaper...

This post has been edited by river.sand: Nov 1 2012, 09:00 PM
xuexueli
post Nov 1 2012, 09:18 PM

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QUOTE(river.sand @ Nov 1 2012, 08:44 PM)
You must be rich  rclxms.gif
The last time I flew with MAS was on company money  laugh.gif


Added on November 1, 2012, 9:00 pm

I thought AAX's seats can be reclined? Saw it in the newspaper...
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if im not mistaken thats for the so-called 'first class' seats...

the economy class seats are just like AA seats....
ah_fui
post Nov 1 2012, 09:31 PM

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economy class still can recline with 20 angle....

miti is for bumi rite ?
yfchin2
post Nov 1 2012, 10:28 PM

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http://www.sc.com.my/main.asp?pageid=1230&...=&linkid=&type=

prospectus released
Oracles99
post Nov 1 2012, 10:29 PM

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AsiaX reported 1H2012 result a pretax loss.
xuexueli
post Nov 1 2012, 10:39 PM

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QUOTE(Oracles99 @ Nov 1 2012, 10:29 PM)
AsiaX reported 1H2012 result a pretax loss.
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hahaha!! another ARSETHROW in the making.... biggrin.gif


GHz
post Nov 1 2012, 10:40 PM

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QUOTE(Oracles99 @ Nov 1 2012, 10:29 PM)
AsiaX reported 1H2012 result a pretax loss.
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For 2011 also loss..
xuexueli
post Nov 1 2012, 10:42 PM

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no wonder they closed some of their routes.... better stay faaaarrrr away from this IPO...
GHz
post Nov 1 2012, 10:46 PM

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I can see that their biggest expenditure is Aircraft fuel. I think as long as fuel price still high, their account may be still in red.

This post has been edited by GHz: Nov 1 2012, 10:46 PM

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