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2016-11-01 07:06 | Report Abuse
There will be large growth in both countries. And shortly we will announcing both their IPO . Target will be by first quarter 2017. Source: Tony Fernandes via Twitter.
2016-10-31 18:37 | Report Abuse
PSC for international in klia2 is rm 50....at least it is better than the supposed rm 73. A consolation i guess.
2016-10-31 18:22 | Report Abuse
Too much damage was done...PSC wont save it...AA took the opportunity to expand tremendously.
2016-10-31 17:23 | Report Abuse
MAS is the biggest bene. Airasia is the biggest loser.
2016-10-28 07:03 | Report Abuse
AirAsia Group CEO Tony Fernandes was named the CAPA Airline Chief Executive of the Year. This award is given to the executive who has had the greatest individual influence on the aviation industry, demonstrating outstanding strategic thinking and innovative direction for the growth of their business and the industry.
Mr Fernandes accepted the Airline Chief Executive of the Year award from Mr Harbison.
The judging panel selected Mr Fernandes for his decision to re-engage and adopt a more hands-on management style after a few years of focusing more on interests outside the AirAsia Group. Financial results have improved significantly in 2016 following an extremely challenging 2015.
“AirAsia is back at the front of the pack in the challenging Asian market and Tony has once again shown why he is one of the industry’s leading executives,” Mr Harbison said. “After formulating and implementing the now-widespread cross-border joint venture concept, the AirAsia group led the way in expanding its network through connectivity between its AirAsia (short haul) and (long haul) AirAsia X brands. The original short haul operations in Malaysia and Thailand are again among the most profitable airlines in Asia while losses in Indonesia and Philippines have been reduced following restructurings and are expected to be profitable again in 2H2016. Long haul LCC AirAsia X is also back in the black following a restructuring.”
CAPA noted the AirAsia Group’s outlook also has been boosted with new capital raised from the issuance of new shares to Tony. With Tony back in the driver seat, new opportunities are now being pursued in North Asia including expansion in China and the upcoming relaunch of an affiliate in Japan. AirAsia also has launched a new aircraft leasing business which is expected to be spun off, raising more capital and reducing group leverage.
2016-10-27 22:23 | Report Abuse
2016-10-27 22:22 | Report Abuse
AirAsia CEO says good interest in leasing unit sale.
2016-10-26 20:54 | Report Abuse
Ratan Tata’s surprise re-entry as chairman of Tata Sons may give a fillip to the conglomerate’s aviation business, an industry he dearly loves and had tried hard to enter, but which became part of the portfolio only after he retired.
2016-10-22 12:20 | Report Abuse
-The government will continue to focus on promoting and enhancing tourism facilities with an allocation of RM400 million under Budget 2017.
-Najib said the other initiatives include extending thec application for pioneer status and investment tax allowance for new four and five star hotels, to Dec 31, 2018.
-“Tax deduction has been increased from RM500,000 to RM700,000 to encourage the private sector to sponsors local and foreign arts, culture and heritage shows and performances,” he said when tabling Budget 2017 at Dewan Rakyat today.
-The government would promote Malaysia through the Visit Asean@50 Year Campaign in conjunction with the 50th anniversary of Asean and Malaysia as host of the 2017 SEA Games and Asean Para Games.
-To achieve the target of 32 million tourist arrivals next year, Najib said the government would extend eVisa to Balkan and South Asian countries.
Source: http://www.themalaymailonline.com/malaysia/article/emphasis-on-promoting-improving-tourism-facilities-under-budget-2017
2016-10-22 12:19 | Report Abuse
2017 Budget highlights government's aim of boosting eco-tourism, says Tourism Malaysia chairman
Source: http://www.nst.com.my/news/2016/10/182326/2017-budget-highlights-governments-aim-boosting-eco-tourism-says-tourism
2016-10-19 07:12 | Report Abuse
Meanwhile, as the airline approaches its tenth year of service Down Under in 2017 , the airline continues to grow in popularity with Australian travellers.
Official numbers show that AirAsia X registered a 46 per cent growth for the year up to July, and has a market share of 4.1 per cent of the passenger traffic flying to and from Australia.
2016-10-19 07:11 | Report Abuse
Tony Fernandes& Russia - http://m.vedomosti.ru/business/characters/2016/10/18/661467-toni-fernandes
2016-10-14 22:20 | Report Abuse
I believe in the Kabali effect !
2016-10-14 07:33 | Report Abuse
In my opinion.....Airasia India is a loss making sub....This may be an opportunity to sell off this burden to the Tata Group.."Blessing in disguise
2016-10-11 07:51 | Report Abuse
The best is the oil price remains at USD 56 per barrel until next year
2016-10-10 08:11 | Report Abuse
But i guess CIMB maybe more reliable given its track record: http://english.astroawani.com/business-news/cimb-wins-most-innovative-investment-bank-asia-pacific-2016-award-118887
2016-10-10 08:10 | Report Abuse
Nomura is just as influential as JP Morgan...Japanese is well known for their conservatism....They will not put a TP of RM 3.88 for no solid reason !
2016-10-08 21:40 | Report Abuse
Observation: Seems like Ping Ann and BOC is really interested in getting their hands on leasing companies.
2016-10-08 21:38 | Report Abuse
2016-10-08 21:36 | Report Abuse
Note: AirAsia began sending basic information on the business to interested parties last Friday and asked for first round bids by mid-November, the people said, asking not to be identified because the information is private. AirAsia is reaching out to potential buyers including China Merchants Bank, BOC Aviation, Ping An Insurance and Japan’s Sumitomo Mitsui Financial Group.
2016-10-08 21:28 | Report Abuse
Note: Avolon has secured committed debt facilities of $8.5bn to finalise the CIT deal, and saw off competition from rivals such as Century Tokyo Leasing and the leasing arm of China's Ping An Insurance.
2016-10-06 12:35 | Report Abuse
Sell AAC and unleash the beast within Airasia !
2016-10-05 06:35 | Report Abuse
2016-10-05 06:35 | Report Abuse
AirAsia Japan proceeding with preparations for service launch in early 2017
2016-10-04 08:31 | Report Abuse
Stock: [CAPITALA]: CAPITAL A BERHAD
2016-11-01 07:07 | Report Abuse
Phillipines and Indonesia are heading towards the same profits as Thailand. Been a slog but we looking good. All of asean firing. Source: Tony Fernandes via twitter.