What Came Before the $10 Billion Bet on Flying Taxis
Silicon Valley wants to shuttle people around in helicopter-like electric vehicles. Will they get off the ground? A look back at the early 1900s offers some clues.

https://www.wsj.com/articles/what-came-befo...xis-11615566244

AA stocks for goreng one..... mothership losing money but share price up.... R u kidding me?
anyone can explain why shares price up frm 0.80 to 1.20??? apa cerita besides the stanley HK guy bought some shares....

Likely poker investor recover his investment.

interstate travel by personal car also not lifted and AA share price goes up>???? air travel slow slow wait lar.... even with vaccine.... HK poker guy prob just betting on his spare change he won elsewhere....so why AA share price up????

If he has spare change for placement, he could have another pocket full for pumping. if he managed well, his placement could be free.

This post has been edited by icemanfx: Mar 22 2021, 12:39 PM

well market is irrational....
can hoot @ goreng "useless" counter until cannot recognized....
then dump it all the way

so matter of time only...

Time to activate this thread with this news
https://www.thestar.com.my/business/busines...al-raising-plan

https://www.techinasia.com/airasia-cancels-...t-volex-fintech

AirAsia Digital has terminated its proposed US$10 million acquisition deal for Velox Fintech, a unit of Gojek Thailand. The Malaysia-based firm, however, completed the acquisition deal for another business of Gojek Thailand, Velox Technology, for US$40 million, according to AirAsia’s filings for the third quarter of 2021.

AirAsia proposes name change to Capital A Bhd, awaiting shareholders, regulatory approvals

AirAsia Group Bhd (AirAsia) has proposed to change the company's name to Capital A Bhd.

In an exchange filing today, the low-cost carrier said the name was approved by the Companies Commission of Malaysia (CCM) and reserved by the company on December 28, 2021.

However, the change of name is subject to the approval of the shareholders of the company at a general meeting to be convened at a date to be announced later.

"A circular to shareholders with details of the proposed change of name will be issued to the shareholders in due course."

AirAsia said the proposal, if approved by the shareholders, will take effect from the date of issuance of the notice of registration of new name by the CCM to the company.

AirAsia had recently completed its renounceable rights issue to existing shareholders, raising RM974.5 million to provide support to its overall fundraising strategy.

The rights issue entailed the issuance of seven-year redeemable convertible unsecured Islamic debt securities (RCUIDS) with a nominal value of 75 sen each, plus free detachable warrants, on the basis of two RCUIDS with one warrant for every six AirAsia shares held.

Group chief executive officer Tan Sri Tony Fernandes said after the most challenging two years in commercial aviation history, the end was finally within reach.

"We have survived the pandemic. We have restructured, relaunched and are now in a stronger position to recover faster.

"We have used the downtime in flying to review every aspect of our airline operations with a strict focus on cost containment and implementing an optimal network and fleet strategy to put in place a solid platform to return to the skies leaner and stronger than ever in all key markets," he said.

Enjoy spamming?

Name change is trying to disassociate with air Asia X failure. Old wine in new bottle, leopard doesn't change it's spots.

Well one of the many reasons 😬

well…disassociate with AAX could be one of the reason..

other reasons include AA business are now not just restricted to airline & airline related business…now it has ehailing, deliveries etc.

New members here...

Lost more than 50% in AirAsia.
Any advice?

got confident.. on what the future of the company.. and it's management..
stay.. Hold...

no confident.. expect to get worse & price fall even lower..
sell at loss & treat it as learning fees

U still hold?
Now, PN 17 lo

Long time already sold..

Now eat pop corn watch afar away 😋

What rationale behind u buy & sell...

Haiz, i lost too much money...

Bought because think about the business plan..
But as time passes by... Debt keep getting bigger with unreasonable orders of Airbus Planes... Then the fuel contract thingy.... So sold it..

Then saw got short term prospect when the poker guy entry..
Ride & sell at small profit later 😁😏🥳

No looking back for now .

No harm in holding unless you need the money

Even now if the airline business is recovering fuel hedge will kill AA business

Their biggest mistake was even Airbus contract but the fuel hedging which kills them immediately running low cost high volume bus8ness