http://en.wikipedia.org/wiki/List_of_defunct_airlines_of_Asia

Scroll down to Indonesia. Note the number that went bust during the period AA has been in business. Not to mention all the other ones, in all the other countries.

The last I checked China Southern was the largest. How long have they been flying into China for now?

1. China Southern
2. China Eastern
3. China Airlines

Please enlighten me as to how Malindo is going to make money against all the OTHER competition.

AA is NOT the only other airline. I really don't get it. Please. I would really, honestly like to know.

Starting a budget airline seems a really great way to waste a S**Tload of money. Or just launder a S**Tload of money.

http://en.wikipedia.org/wiki/List_of_largest_airlines_in_Asia

AA is number 9 on that list. Shouldn't it be the other airlines, higher up on that list being worried?

With the exception of Lion Air, Malindo's partner (just like SIA/Tiger, MAS/Firefly, Quantas/Jetstar).

As I said before. What are they going to do different? Reminds me of this Dr. Dre track (Been there. Done that)

http://www.youtube.com/watch?v=3jMMsdzLoNc

12 YEARS. Intense competition. High oil prices. Low margins. Still profitable. Still growing. Dividends. Seamless execution of corporate vision, mission and strategy.

What else could I ask for as a shareholder. Or any for that matter.

I still don't get it.

Its been 12 YEARS. People have been writing AA's obituary since the Malaysian Gov sold AA to Tony as a joke in Sept 2001 for RM1 + Debt (2 planes).

Singapore Airline(SIA), Tiger, Malaysian Airlines, Virgin, Jetstar, Scoot, Firefly, SpiceJet, Virgin Pacific, Pacific Blue, Garuda, Emirates, Ethihad, China Airways... and the list goes on. COMPETE. Every Day.

Malindo is just another in a long LONG line.

So what? Life goes on. As per usual. Just as it has for the last 12 YEARS.

BTW They'll also be competing with:
1.AA Indonesia
2.AA Thailand
3.AA Phillipines
4.AA Japan
5.AA India (very soon)

Good luck.

Ummmm Bullbear:

What is 1,2 10 Millions shares?

From the Financial Times:

Shares outstanding 2.78BN (BILLION)
Free float 1.83bn (BILLION)
P/E (TTM) 4.93 <- CRAZY
Market cap 8.15bn MYR
EPS (TTM) 0.5948 MYR

A Big SHOUT_OUT going to Malindo for:

1. Causing AirAsia's price to come down (so I can buy)

2. For causing AirAsia to take notice of its shareholders and pay a FAT DIVIDEND!

3. CHEAPER AIRFARES!

WIN-WIN-WIN

Maybe Malindo's secret weapon is Sexy Topless Taiwanese or Korean K-pop, J-pop Superstars playing sexy air-stewardess. Or maybe time-travel?

I don't know. But I was kicking myself for not buying when the share price was 4.00. And I sure as hell am not going to pass up this buying opportunity. (With a welcome on-board Dividend of 18 sen, plus maybe another 6 sen in June). Awesome possum!

1. What's cheaper than *free* (if you get in early enough) mogul88? Pray tell.

2. Who do you think is going to be able to survive a price war?

3. Did someone say price war? Cheaper airfares? BRING IT ON!!!

4. Tiger (SIA), MAS, Quantas, Virgin etc etc. have all tried. What is Malindo going to bring to the table? Teleportation?

PS I do hope AirAsia's stock price drops a bit further because I really want more. I'm planning holding until 2027 (if we still use airplanes).