Welcome Guest ( Log In | Register )

Outline · [ Standard ] · Linear+

 Capital A Berhad /AirAsia (5099), Asia's largest LCC group

views
     
joeblow
post Apr 8 2020, 02:05 AM

Regular
******
Senior Member
1,144 posts

Joined: Dec 2015


QUOTE(icemanfx @ Apr 7 2020, 11:34 PM)
Almost everything in this country could be political issue.

airlines is vulnerable to lock down and restriction, it will take longer than most businesses to return to normal. stock price is more likely to drop than rise in the short term.
*
Since you mention political issue, I am wondering if TF and gang closer to PN or PH? Seems to be closer to PH or playing both sides. I guess at his level should be playing both sides. At the end of the day, is AA too big to fail? Also I could be noob here, TF acts as if AA can continue at least for the next 3 months. Also they seem to want to transit to ecommerce platform! lol. Anyway I am not owning AA, tempted to go in below 50 cents. But now maybe got better value stocks elsewhere.

Fascinating how our airline industry so weak...
joeblow
post Apr 9 2020, 03:28 AM

Regular
******
Senior Member
1,144 posts

Joined: Dec 2015


QUOTE(moosset @ Apr 8 2020, 02:04 PM)
Look at it this way, if you were a corrupted PM or finance minister, would you save or bailout AA?  hmm.gif

fascinating? All airlines around the world are affected, not just AA.
*
I am referring to not just AA, Malaysia airline industry in general ie MAS too. And even before the crisis our airline industry already wobbly with bad management issues.
joeblow
post Apr 12 2020, 04:20 PM

Regular
******
Senior Member
1,144 posts

Joined: Dec 2015


This whole credit refund or full refund is stupid since clearly AA doesn't have the resource to process the huge amount of requests. Credit control process takes several layers of check and approval before it gets through.

Since AA relies on automated tools like AVA, they should just allow people to make unlimited changes until the next year. Currently they only allow those flights before end of May to be changed until Oct 2020. They should just change to next year and all flights before the realistic date that people can fly instead of just May. This way they save on resources processing those refunds and make sure there's future demand. Not sure what AA thinking...

This post has been edited by joeblow: Apr 12 2020, 04:22 PM
joeblow
post Apr 12 2020, 04:43 PM

Regular
******
Senior Member
1,144 posts

Joined: Dec 2015


QUOTE(kkk8787 @ Apr 12 2020, 04:33 PM)
legally I think they are allowed to give credit instead of full refund?
*
Hmm, I could be wrong. Legally if AA declare the virus to be Acts of natural disaster (something like that), they don't have to refund anything. Of course the customer anger repercussion would be huge.

Realistically who dares to fly until new cases of virus is 0 for a while and/or cure out. A lot of new cases overseas for those who flew back their citizens.

In short I think better not touch airline industry for a while, even Warren buffet sold part of his delta stake despite only increasing them early Feb.

 

Change to:
| Lo-Fi Version
0.0344sec    0.84    7 queries    GZIP Disabled
Time is now: 5th December 2025 - 11:47 AM