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Air Asia X : IPO, Air Asia X
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skiddtrader
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Nov 6 2012, 10:40 AM
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Hmmm airlines. So what is actually the prospect of AAX anyway? Replace MAS as the normal international flight out of Malaysia? Only way to do that is to get corporate partnerships for their employees to fly AAX whenever they go for business trips. How can a person stand more than 5 hours of sitting up straight in ECONOMY in an AA seat is beyond me.
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skiddtrader
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Nov 6 2012, 11:08 AM
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QUOTE(gark @ Nov 6 2012, 10:57 AM) I take 8-10 hour flights on AAX frequently, yes it's a bit less uncomfortable than normal airlines, but it is not as bad as you make it out to be. Seats have less leg space, but not until the extend that you are in pain or unbearable. I would rate the airline reasonably ok. BTW always loved the new airplane smell...  Serious? Longest flight I took on AA was to Bali which is slightly over 3 hours. I feel like so cramped and I'm not a big man either. I wonder how those angmoh/mat salleh can squeeze comfortably for a long flight.
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skiddtrader
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Nov 6 2012, 11:16 AM
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QUOTE(gark @ Nov 6 2012, 11:11 AM) AAX have different seats (more recline) and slightly bigger legroom. For AA I always purchase hot seat so have plenty of leg space.  Oh I see. OK thanks for clarification. I never tried AAX before so was wondering if the seat were the same, how the people tahan.
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skiddtrader
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Nov 6 2012, 11:25 AM
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QUOTE(gark @ Nov 6 2012, 11:19 AM) Try the airline and the service before you buy the shares. As Peter Lynch says, the best stocks pickings are the ones you experience yourself... Added on November 6, 2012, 11:20 amQZ = Air Asia Indonesia FD = Air Asia Thailand Just more codes for you...  Ish, even though I prefer SIA, still won't buy the shares. The SARS event made me realised that airlines are too damn volatile to everything. Even in Europe when the Iceland volcano erupted, 1 whole Europe cannot fly... So natural disasters, fuel price, war, economy, inflation, accidents etc in any part of the world also can affect the share of an international airline. International airlines are subjected to so many risk factors and are not isolated to countries risk factors, but regional factors and continental factors as well. Even universal factors when our sun decide do some solar flaring for kicks. This post has been edited by skiddtrader: Nov 6 2012, 11:27 AM
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skiddtrader
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Nov 6 2012, 11:48 AM
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QUOTE(htt @ Nov 6 2012, 11:37 AM) SIA suffer some heavy losses on cargo last Q, and they have piles of cash on their balance sheet, they are so stable compare to other airline (no need to mention our national disgrace...) but that's pretty amazing how AA made their profit from their strip-down-to-bone model, those ppl who buy probably hope AAX will emulate the same model, and medium/ long haul budget airline still don't have a beaten path for them to follow, but if eventually if they succeed in finding the path, the future might be bright... Let's see how is the price first...
Yeah SIA is doing well in terms of their branding and also they are in based in Singapore which is like the capital of South East Asia, no offense intended for other countries. With hundreds of international flights in and out of Singapore, they aren't really worried about lack of customers, unless of course another SARS event happens which basically crippled their entire fleet in SG at that time. That's their greatest weakness being stuck on an island nation which depends on foreign trade and international business. Imagine if SARS was prolonged, if the infections did not end as fast as it did. SIA can close shop already with all their planes grounded and will probably be another airline failure story.
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skiddtrader
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Nov 6 2012, 01:15 PM
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QUOTE(htt @ Nov 6 2012, 12:49 PM) Added on November 6, 2012, 12:53 pmOn SIA, that's one of the most important companies for Singapore, that's why the outcome is kind of stable, with near term growth expectation low (no where to move liao), they are busy expanding their low cost (tiger, scoot, silk air) with mixed result. Unless the economy outcome suddenly bright or their strategy success, else I see not much upside on their share price, didn't monitor for long liao... Yeah I would say SIA is LKY's pet project. Not allowed to fail. During the union fiasco last time where a Malaysian pilot working under permit was the leader, he was organising a strike that would ground the airplanes of SIA if negotiations for better pilot pay was not conclusive. Guess what, his permit to work was cancelled, he was declared not welcome in SG and was booted back to MY. The union leadership collapse and a new union was formed and the agreement for pay was signed in favour of SIA.  Power or not? This post has been edited by skiddtrader: Nov 6 2012, 01:16 PM
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skiddtrader
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Nov 6 2012, 01:34 PM
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QUOTE(htt @ Nov 6 2012, 01:32 PM) Haha... for now, forget about SIA... we are at AAX thread... Ooops sorry for OT everyone. Hehe suddenly fired up about airline stocks coz last time SIA made me worried. Anyway, AAX MITI prices was how much?
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