AirAsia India to start Mumbai flights from early 2015
http://www.business-standard.com/article/c...92500960_1.html

for now AirAsia better because they profit & pays dividend to shareholders

not holding AAX shares for now. may consider next year

AA still have some room to grow. Not malaysia but their foreign JV. only risk is the start-up loss which could reduce overall profit for AirAsia Berhad Malaysia market already matured & giving profit..

AAX is now on start-up loss period. No mature market like parent AA. Starting next year maybe can get some profit. It's 50-50

did some reading on their Annual Report & google info..

not forgeting LYN sifu advice @ AAX thread

AirAsia says leasing arm worth prospective U$1 billion if listed

AirAsia Bhd.’s newly independent jet- leasing arm is a potential candidate for a stock exchange listing that could command half the value of its $2 billion airline operation, Chief Executive Officer Tony Fernandes said.

Free cash-flow of about $40 million to $50 million will be generated in the spun-off unit’s first few years, before expanding toward $100 million as it taps demand for planes from airlines in China and Africa, Fernandes said in an interview.

Asia’s biggest low-cost airline said last month it would transform a leasing business that supplies aircraft mainly to subsidiaries into a standalone operation called Asia Aviation Capital Ltd.

AirAsia Bhd has proposed to establish the Sukuk Mudharabah Programme of up to RM1 billion in nominal value, as part of its funding plan, where up to 55% or RM550 million shall be utilised to part finance its capital expenditure (capex) requirements.

In a filing today to the stock exchange, AirAsia said the capex requirements were pursuant to, without limitation, its aircraft purchase programme – where deposits and/or contributions are required for the transaction and purchase of the relevant spare parts.

The proceeds raised from the Sukuk Mudharabah Programme – the unrated subordinated perpetual sukuk based on the Shariah Principle of Mudharabah – shall be utilised by AirAsia for Shariah-compliant purposes, said the low cost carrier.

Meanwhile, AirAsia said RM300 million has been set aside to refinance its banking facility granted to the issuer.

Other utilisation of proceeds include up to RM2.5 million in estimated expenses relating to the Sukuk Mudharabah Programme, with the remaining balance to be utilized for Shariah-compliant working capital purposes to support its business operations, administrative and operating expenses.

lower world oil price is very2 positive to AirAsia Operation & profits

Thai AirAsia to post biggest slump in profit in a decade of operation
http://www.nationmultimedia.com/business/T...--30250602.html

Missing AirAsia reported crashed in Belitung Timur.

An Indonesian news portal Bangka Pos had quoted an official from H.A.S Hanandjoeddin Tanjungpandan Airport in Indonesia, Suparno, said the exact location of the crash site has not been identified.

The portal also reported that the Indonesian national search and rescue agency (Basarnas) team from Bangka Belitung were heading to East Belitung waters.

My question is, will AirAsia share price crash tomorrow?

btw which company cover the insurance for the plane and passengers

Indonesia says missing AirAsia plane could be at 'bottom of sea"
http://www.theedgemarkets.com/my/article/i...be-bottom-sea-0

Indonesia AirAsia

IATA code: QZ
ICAO Code: AWQ
CallSign: WAGON AIR
Founded: Dec 2004 as AWair
Fleet Size: 30
Destinations: 16
Parent Company: PT Fersindo Nusaperkasa

A US-based fund snapped up shares of AirAsia Bhd when the low-cost carrier came under selling pressure following the disappearance of Indonesia AirAsia Flight QZ8501 on Sunday.

A filing with Bursa Malaysia on Friday showed Wellington Management Co. LLP had bought 328,829 shares on Tuesday.

The share price fell to a low of RM2.67 on Tuesday in active after skidding to a low of RM2.56 the previous day.

AirAsia Indonesia’s Surabaya-Singapore route frozen. The Indonesian Transport Ministry says Flight 8501 violated the route permit given and the schedule given.

A statement from the ministry spokesman, J A Barata, said AirAsia was not permitted to fly the Surabaya-Singapore route on Sundays and had not asked to change its schedule. It was unclear how the airliner was able to fly without the necessary authorisation.

Songlaping

really? or because of less passengers

EPF buying some

closed @ 2.570 (+0.08)

This post has been edited by nexona88: Jan 7 2015, 08:17 PM

which foreign fund is that?