Asian shares were lower on Wednesday despite record highs on Wall Street overnight and as rising political tensions in the region weighed on sentiment.

In the latest episode of rising tensions in the East China Sea, the Pentagon confirmed that American aircraft have flown over disputed islands without informing Beijing. The move comes just a few days after Tokyo and Washington criticized Beijing for establishing an air defense zone in the territory.

Meanwhile, Bangkok is bracing for a fourth day of anti-government protests after demonstrators surrounded government ministries on Tuesday, demanding the resignation of Prime Minister Yingluck Shinawatra.

1. Turkish Airlines has been named the CAPA Airline of the Year.

2. The CAPA Low Cost Airline of the Year for 2013 is awarded to JetBlue for being the world’s most innovative and influential low-cost carrier.

3. The CAPA Aviation Executive of the Year has been awarded to Bjørn Kjos of Norwegian.

4. The CAPA Regional Airline of the Year is awarded to Vueling, the carrier that has had the most significant impact, shown strategic leadership and demonstrated innovation in regional aviation.

5. Incheon International Airport is CAPA’s International Airport of the Year for 2013 having completed another solid year of expansion above those of its peers.

How now, folks?

D7 0689 26/11/2013 10:00 PM JEDDAH-KUALA LUMPUR CANCELLED

QZ 8457 26/11/2013 09:30 PM BANDUNG-KUALA LUMPUR CANCELLED

QZ 8295 26/11/2013 09:20 PM SURABAYA-KUALA LUMPUR CANCELLED

QZ 8208 26/11/2013 08:45 PM JAKARTA-KUALA LUMPUR CANCELLED

AK 5173 26/11/2013 08:40 PM LABUAN-KUALA LUMPUR CANCELLED

QZ 8451 26/11/2013 05:45 PM BANDUNG-KUALA LUMPUR CANCELLED

QZ 8162 26/11/2013 04:15 PM JAKARTA-KUALA LUMPUR CANCELLED

QZ 8397 26/11/2013 12:30 PM DENPASAR-KUALA LUMPUR CANCELLED

QZ 8393 26/11/2013 11:10 AM DENPASAR-KUALA LUMPUR CANCELLED

QZ 8291 26/11/2013 09:50 AM SURABAYA-KUALA LUMPUR CANCELLED

QZ 8458 26/11/2013 10:05 PM KUALA LUMPUR-BANDUNG CANCELLED

QZ 8296 26/11/2013 09:45 PM KUALA LUMPUR-SURABAYA CANCELLED

QZ 8209 26/11/2013 09:15 PM KUALA LUMPUR-JAKARTA CANCELLED

QZ 8452 26/11/2013 06:15 PM KUALA LUMPUR-BANDUNG CANCELLED

QZ 8163 26/11/2013 04:40 PM KUALA LUMPUR-JAKARTA CANCELLED

QZ 8398 26/11/2013 01:00 PM KUALA LUMPUR-DENPASAR CANCELLED

QZ 8394 26/11/2013 11:40 AM KUALA LUMPUR-DENPASAR CANCELLED

D7 0172 26/11/2013 11:30 AM KUALA LUMPUR-JEDDAH CANCELLED

QZ 8292 26/11/2013 10:15 AM KUALA LUMPUR-SURABAYA CANCELLED

D7 0536 26/11/2013 08:15 AM KUALA LUMPUR-KANSAI CANCELLED

Can be viewed here: http://flight.klia.com.my/fids.aspx

A political crisis in Washington last month took the world's biggest economy to the brink of a debt default, unnerving global financial markets and sparking consternation from major economies such as China and Japan, the biggest foreign holders of U.S. government bonds.

MAJOR FOREIGN HOLDERS OF TREASURY SECURITIES ON SEPTEMBER 2013
(in billions of dollars)

China 1293.8
Japan 1178.1
***Carib Bnkng Ctrs 300.9
Brazil 249.2
Oil Exporters 245.7
Taiwan 185.9
Switzerland 177.2
Belgium 172.5
*United Kingdom 158.3
Luxembourg 141.1
Russia 140.5
Hong Kong 126.5
Ireland 111.3
Singapore 80.3
Norway 72.2
Mexico 63.8
Canada 62.4
Germany 61.9
India 56.8
Korea 55.6
France 54.5
Turkey 54.3
Thailand 38.9
Philippines 38.1
Australia 34.2
Colombia 33.4
Sweden 32.6
Netherlands 32.2
Poland 30.8
Italy 28.8
Chile 26.7
Israel 21.9
Spain 21.5
Peru 14.5
South Africa 13.8
Malaysia 12.4
Denmark 11.6
All Other 218.7
Grand Total 5652.9

*United Kingdom includes Channel Islands and Isle of Man.
**Oil exporters include Ecuador, Venezuela, Indonesia, Bahrain, Iran, Iraq, Kuwait, Oman, Qatar, Saudi Arabia, the United Arab Emirates, Algeria, Gabon, Libya, and Nigeria.
***Caribbean Banking Centers include Bahamas, Bermuda, Cayman Islands, Netherlands Antilles and Panama.

How?

Will the uptrend continue? Careful now folks!

Folks, are you buying a disaster on its way down thinking you are averaging your costs? Time will tell! Careful now!

Cheers!!

Why hang on to shares that are depreciating? Hoping the shares would pick up again? But this is a very practical way to see your money melt down like a burning candle.

So will AA be above 2.55 tomorrow? Heheheheheh!!

China's exporters face a difficult time in coming months as demand from emerging markets slows, after the latest trade data showed sales to Southeast Asia slowed sharply.

Fears of possible U.S. monetary policy tightening has hurt demand for Chinese goods as investors withdrew their money from emerging Asian economies.

How?

In Money Magazine and The Wall Street Journal, faster growing economies tend to offer lower stocks returns.

Noted in a study that countries with the fastest economic growth have averaged a 6% annual return which is half that of the 12% annual return from slower growing economies.

Will the foreign funds sell further ahead of tapering?

Emerging market stocks miss global stock surge. Three years ago, it seemed a sure bet that the US, Europe, and Japan were mounting up debt while emerging market countries were humming along.

What happened to emerging market countries, folks?

Over the past three years, emerging market stocks have turned in just a 0.85% annual return. Compare that to the rest of the world where annualized gains for Pacific Rim stocks were 7.9%, for European stocks were 10.29%, and for U.S. stocks were 18.01%.

As the chart of other periods indicates, Emerging Markets came in dead last except in the five-year period, where it eked out a second to last position.

Will AA close above 2.40 today?

Australia and Indonesia is partly affected by the slowdown in China and the article expressed confidence government would take necessary steps.

Our economic planners should take heed also that the positve rating still come with challenges. Only Moody is confident but Fitch prefer to wait and see the China factor first.

Remember folks, the Fed tapering will affect interest rates and investments next year. So how will EMs fair next year?

Thai protesters stepped up pressure on the government of Prime Minister Yingluck Shinawatra Tuesday, besieging more ministries in a show of defiance against a new security law introduced in the capital.

Read more here: http://www.marketwatch.com/story/thai-protesters-step-up-bid-to-topple-government-2013-11-26?link=MW_home_latest_news

Derivatives markets indicate little respite. One-month implied volatilities, a gauge of how choppy a currency is likely to be, are picking up again in currencies such as the Indonesian rupiah & Indian rupee after easing in October.

Risk reversals, which compare demand for options on a currency rising or falling, show similar bias. And in a vicious circle, hedging itself puts exchange rates under more pressure.

Real money flows in forward transactions suggest a sharp increase in hedging this year. Some of this is also down to companies whose earnings are being eroded by emerging currency swings.

Currency volatility is going to be an issue for investors in EM markets because the currency side is so big relative to the stock return.

So a dollar-based investor who earned 8% yields on Indian stocks would still have plunged into loss due to the rupee's 12% year-to-date fall versus the greenback.

In many ways the currency weakness is hardly surprising. Growth in developing countries is slowing, exports are falling and once-famed current account surpluses are dwindling.

And as the tide of global liquidity ebbs, over $30 billion has flowed out of emerging bonds alone in the past six months.

Everything out there is conspiring to weaken emerging currencies there's been a big change in mindset ... Until this year FX was a source of alpha (enhanced returns) but now, if you hold dollar debt, the currency is the problem.

How folks?

Folks, a long-term dollar uptrend gains momentum, fund managers are being forced to rethink their decade-long view of emerging currencies as an obviously strong bet.

That means having to start actively managing exchange rate risk - and the cost of hedging may well make the underlying investment look far less attractive.

In the past, fear of missing out on currency appreciation made investors reluctant to offset exchange rate exposure. But analysts say investors are now more open to discussing hedging.

Investors remains reluctant to hedge but acknowledges the risk, especially for emerging debt, where currency appreciation contributed up to half the annual return in some recent years.

How?

Once a source of rich returns for yield-hungry investors, emerging markets are hammering home a long-ignored truism: banking on currency strength to enhance returns on stocks and bonds is not a one-way ticket to profits.

Currencies such as the rupiah has slumped 10-20% this year as a seismic shift in global capital flows rattles even relatively robust markets, exacerbating international investors' losses on the underlying assets.

Folks, the Fed wants to make a graceful exit from the bond-buying program that has supported the U.S. economy and lifted stock prices. But every time the Fed talks about tapering, anxious bond and stock investors beat a hasty retreat.

The Fed has been “making great pains” since May to get the markets to understand that “tapering is not a tightening,” and that resulting higher interest rates would not necessarily be a death-knell for stocks.

As tapering unfolds, investors should be aware of unwelcome inflationary pressures. How? Good or bad?

The overhang of foreign portfolio capital which entered the Malaysian equity market in 2013 remained high at +RM5.2b. At its peak, a cumulative total of +RM18.8b had entered the local bourse this year.

Foreign participation remained moderate last week, reinforcing view that the outflow is tapering.

Will the Fed taper in dec this year? Time will tell!

Foreign investors exited Bursa Malaysia at a relatively sedate rate last week. Although foreign funds were net sellers every single day last week, the average was only -RM105m per day, compared with -RM277m per day the week before. Foreign investors have now been net sellers in 31 out of the last 33 trading days on Bursa.

Will the selling stop, folks?

Foreign selling on Bursa in the open market (i.e excluding off-market deals) continued for the seventh consecutive week. However, the amount may be tapering as the outflow was only -RM525m, compared with -RM1.39b the week before. In the last seven weeks, -RM3.5b net of foreign portfolio capital had left Malaysian equity.

Folks, during the six continuous weeks (from 29 Jul - 6 August) of net outflow triggered by the Fed’s tapering decision, a staggering total of -RM8b of foreign money exited the market.

Will there be another turmoil due to massive selldown by foreign funds? So how?

Folks, the euphoria on Wall Street is shifting investors’ focus away from Asia. Emerging SEA markets remained under selling pressure. The Thai SET and Philippines Composite Indices were the worst performers, declining -4.3% and -4.1% respectively. The political situation is worsening in Thailand as the emergency law may be extended throughout December, while PM Yingluck faces noconfidence debate in parliament.

Will KLCI be spared from the early selldown from foreigners?

Folks, as a proxy for the world, Wall Street suggests that the equity market is all and well. The fact is, while sentiment is brimming high in the U.S, the rest of the world waits with bated breath events unfolding there.

The Dow Jones and S&P500 extended their record highs again last week, as share prices moved into uncharted territory. Both indices gained for the seventh consecutive week.

Fpolks, the euphoria on Wall Street is shifting investors’ focus away from Asia. How?

The ringgit opened lower against the US dollar today on lack of fresh leads. At 9.32am, the ringgit was quoted at 3.2225/2255 against the greenback from yesterday's 3.2170/2200.

How?

Price Performance:

01 month
High: 2.84 (28/10/13)
Low : 2.36 (25/11/13) (Today)

03 months
High: 2.97 (21/08/13)
Low : 2.36 (25/11/13) (Today)

12 months
High: 3.54 (05/06/13)
Low : 2.36 (25/11/13) (Today)

Historical High: Rm4.00

Folks, at what price will you buy? Will 2.40 hold for this week? Remember folks, the investor of today does not profit from yesterday's growth. How?

Folks, don't look to jump over 7-foot bars: Just look around for 1-foot bars that you can step over.

Be patience & you will be rewarded!!

Risk comes from not knowing what you're doing. Buy low & sell higher. But will 2.40 hold? Hmmmmm...time will tell!

Will the weak rall continue, folks? Only time will tell!

Thailand’s embattled premier yesterday invoked a special security law in the tense capital Bangkok and nearby areas after protesters stormed key ministries in a bid to topple the government.

The mass rallies against Prime Minister Yingluck Shinawatra and her brother, ousted premier Thaksin Shinawatra, are the biggest since 2010 when more than 90 civilians were killed in a bloody military crackdown. The turmoil has raised fears of a fresh bout of street violence in a country that has been convulsed by several episodes of political unrest since royalist generals overthrew Thaksin in a 2006 coup.

Good for aviation industry, folks? Hmmmmm...!!

RHB Research Institute is of the opinion that Bank Negara Malaysia may raise its overnight policy rate (OPR) by 25 basis points to 3.25% as price pressures build, due to a possible hike in fuel prices next year and given the implementation of the goods and services tax (GST) in April 2015.

The research house said inflation rose to 2.8% in October compared with 2.6% in September and 1.9% in August, largely due to the effects of the fuel subsidy reduction on the prices of other products and services.

On the ringgit performance, it said the local unit as a whole was still vulnerable to global swings in risk appetite. It said the ringgit was weighed by growing speculation for a December QE tapering by the Federal Reserve, as well as the unexpected decision by the European Central Bank to cut its interest rate to a record low of 0.25%.

AK 1061 25/11/2013 09:10 PM NANNING-KUALA LUMPUR CANCELLED

QZ 8208 25/11/2013 08:45 PM JAKARTA-KUALA LUMPUR CANCELLED

QZ 8162 25/11/2013 04:15 PM JAKARTA-KUALA LUMPUR CANCELLED

AK 1343 25/11/2013 01:00 PM PEKANBARU-KUALA LUMPUR CANCELLED

QZ 8397 25/11/2013 12:30 PM DENPASAR-KUALA LUMPUR CANCELLED

AK 1337 25/11/2013 12:15 PM SOLO CITY-KUALA LUMPUR CANCELLED

QZ 8393 25/11/2013 11:10 AM DENPASAR-KUALA LUMPUR CANCELLED

QZ 8291 25/11/2013 09:50 AM SURABAYA-KUALA LUMPUR CANCELLED

QZ 8113 25/11/2013 09:45 AM U. PADANG-KUALA LUMPUR CANCELLED

QZ 8163 25/11/2013 04:40 PM KUALA LUMPUR-JAKARTA CANCELLED

AK 1060 25/11/2013 01:10 PM KUALA LUMPUR-NANNING CANCELLED

QZ 8398 25/11/2013 01:00 PM KUALA LUMPUR-DENPASAR CANCELLED

QZ 8394 25/11/2013 11:40 AM KUALA LUMPUR-DENPASAR CANCELLED

AK 1342 25/11/2013 10:50 AM KUALA LUMPUR-PEKANBARU CANCELLED

QZ 8292 25/11/2013 10:15 AM KUALA LUMPUR-SURABAYA CANCELLED

QZ 8112 25/11/2013 10:10 AM KUALA LUMPUR-U. PADANG CANCELLED

D7 0170 25/11/2013 02:35 AM KUALA LUMPUR-JEDDAH CANCELLED

D7 0506 25/11/2013 01:00 AM KUALA LUMPUR-INCHEON CANCELLED

View here: http://flight.klia.com.my/fids.aspx

Indonesia Airasia IPO........how?

1. The demand for the months of October and November, especially on the international routes, is anticipated to be slightly impacted by the recent depreciation of Rupiah which has dampened demand for travel.

2. Forward loads in Indonesia are slightly lower compared to the previous year as a consequence of new route launches.

The AirAsia interest in Indonesia AirAsia has been reduced to zero & any profits will only be recognized when a total of RM154.7 million (561.986 billion rupiah) of unrecognized losses have been reversed. How?

Indonesia Airasia Profit After Tax (1000 rupiah = 0.2731 ringgit)
3Q13: 2.386 billion rupiah
3Q12: 74.479 billion rupiah

Indonesia Airasia Total Liabilities (1000 rupiah = 0.2731 ringgit)
3Q13: 5,652.025 billion rupiah
3Q12: 3,401.371 billion rupiah

Why hang on to shares that are depreciating? Hoping the shares would pick up again? But this is a very practical way to see your money melt down like a burning candle. Hehehehehe!!

Shares of stock lose value when company profits drop! Cheers!!

1. AirAsia Bhd has open up 3 million free seats for ticket booking at www.airasia.com from now until Dec 1, 2013, for travel from May 5, 2014 to Jan 31, 2015. Seats are from zero base fare, with applicable taxes and fees from RM26 one-way.

2. Malaysia Airlines is offering exciting air fares through its Year End Special (YES) from 25 November 2013 to 2 December 2013 for the travel period from 28 November 2013 till 30 June 2014. Malaysia Airlines Year End Sale will be offering economy class airfares discounted up to 50% off current market fares for various domestic and international travels. Likewise business class fares will be discounted up to 60% for domestic and international. These offers cover fares from Malaysia to various Malaysia Airlines’ destinations in South East Asia, North Asia, South Asia, Middle East, Australia, North America and Europe.

3. Firefly RM35 Domestic Air Fare Promotion (ends 8th December 2013)
Drawbacks: Limited time only; only for domestic destinations. Promotion Period: 18th November 2013 – 8th December 2013. Travel Period: 2nd December 2013 – 25th October 2014.

4. Lion Air: Bangkok – Chiang Mai THB 355
Bangkok – Kuala Lumpur THB 900
Bangkok – Jakarta THB 1900
free 15kg checked baggage allowance, taxes included.

5. Malindo Air promotions view here: http://www.malindoair.com/en

Folks, will the load and demand numbers for 4Q13 be astonishingly high thus foretelling weak results again for both MAS and AirAsia as yields must be slashed to produce another phenomenal passenger volumes?

Well folks, only MAHB investors wil be smiling all the way to the bank! Heheheheh!!

Will there be another massive selldown by foreign funds?

The Malaysian Ringgit declined against the U.S. dollar in late Asian deals on Monday. The ringgit touched 3.2268 against the greenback for the first time since October 3.

Is this one of the early sign of meltdown in EMs? Time will tell!

Technical Outlook

From the daily chart (Chart 2), we can expect Airasia to find support at the gradual uptrend line (SS) at RM2.45. However, the stock has been moving in a 2-year downward channel (see Chart 3) where the support is at the lower boundary (at RM2.30). If this support level (from RM2.30-2.45) cannot hold, Airasia will test the psychological RM2.00 mark. Below that, it may test the long-term uptrend line support at RM1.60.

Conclusion

Based on challenging operating environment, poor financial performance, demanding valuation & deteriorating technical outlook, I rate Airasia a SELL!

From nextrade

Folks, shares of stock lose value when company profits drop, right or wrong? Heheheheheh!!

Asian aviation officials said airlines would have to inform China of their flight plans before entering airspace over waters disputed with Japan, forcing carriers to acknowledge China's authority over a newly-declared "Air Defence Identification Zone".

The area, about two-thirds the size of the United Kingdom, covers most of the East China Sea and the skies over a group of uninhabited islands at the centre of a bitter row between Beijing and Tokyo.

While China said the new rules would not affect "normal operations" for international flights, it added that it would take "defensive emergency measures" against aircraft that failed to identify themselves properly.

The Malaysian Ringgit declined against the U.S. dollar in late Asian deals on Monday. The ringgit touched 3.2268 against the greenback for the first time since October 3. Further decline may lead the ringgit to find support at the 3.24 area.

Optimism is denial, so face the facts and move on. It is wise to direct your anger towards problems not people, to focus your energies on answers not excuses.

Cheers folks!!

Technical Outlook

From the daily chart (Chart 2), we can expect Airasia to find support at the gradual uptrend line (SS) at RM2.45. However, the stock has been moving in a 2-year downward channel (see Chart 3) where the support is at the lower boundary (at RM2.30). If this support level (from RM2.30-2.45) cannot hold, Airasia will test the psychological RM2.00 mark. Below that, it may test the long-term uptrend line support at RM1.60.

Conclusion

Based on challenging operating environment, poor financial performance, demanding valuation & deteriorating technical outlook, I rate Airasia a SELL!

From nextrade

So how? Will the new low at 2.36 hold for this week? Time will tell! Investors have short memories!! Cheers!

Folks, is stronger dollars good for AA? Remember folks most of AA borrowings are denominated in US Dollar (predominantly), RM and Euro

Total Debt (Current & Non Current Liabilities/Borrowings)
3Q13: Rm9.202b
2Q13: Rm8.813b
1Q13: Rm8.464b

1. Foreign exchange gains/(losses) on Borrowings
- Realized gains/(losses)
3Q13:(-Rm1.191m)
2Q13: Rm1.694m
1Q13:(-Rm2.900m)

- Unrealzed gains/(losses)
3Q13:(-Rm269.952m)
2Q13:(-Rm187.679m)
1Q13:(-Rm68.633m)

2. Curent Borrowings/Liabilities
3Q13: Rm899.357m
2Q13: Rm844.289
1Q13: Rm1.126b)

3. Finance Costs Bank borrowings:
3Q13:( Rm106.343m)
2Q13: (Rm109.412m)
1Q13: (Rm106.294m)

Will a small leak can sink a GREAT ship? Hmmmmm...!!

Why hang on to shares that are depreciating? Hoping the shares would pick up again? But this is a very practical way to see your money melt down like a burning candle.

How? Heheheheheheheh!!

Price Performamce:

01 month
High: 2.84 (28/10/13)
Low : 2.36 (25/11/13) (Today)

03 months
High: 2.97 (21/08/13)
Low : 2.36 (25/11/13) (Today)

12 months
High: 3.54 (05/06/13)
Low : 2.36 (25/11/13) (Today)

Historical High: Rm4.00

Will the new low at 2.36 hold for this week? If a business does well, the stock eventually follows! How? Heheheheheheh!!

Folks, someone stubbornly hold on to stocks where they are making sizeable losses in the belief that they can exit when the price reaches their buying price. Most of the minds are not trained to acknowledge the fact that they have made a mistake and probably the best thing is to move on.

Heheheheheheheh!!

Beware of the little expenses; a small leak will sink a GREAT ship. Will the ship sink? Careful now!! Heheheheheheh!!

Dollar strength to continue this week! Currency speculators have ramped up bets on the dollar strengthening against other currencies to their highest level in two months, the latest sign of bullish sentiment towards the U.S. currency making a comeback.

Expectations for an unwinding of U.S. monetary stimulus in the next few months have renewed interest in the dollar after the currency fell in October.

So folks, another selldown by foreigners already in the making? Careful now! The wise things to do when investing is to use your head & not to follow your emotions! Hahahahahah!!

Investors become emotionally attached to a stock and overlook the company's shortcomings. Whatever the reason loving a stock, separate your emotions from the hard reality!

How? Heheheheheheheh!!

If a business does well, the stock eventually follows! How now, folks? Heheheheheheh!!

QZ 8206 24/11/2013 07:35 PM JAKARTA-KUALA LUMPUR CANCELLED

QZ 8451 24/11/2013 05:45 PM BANDUNG-KUALA LUMPUR CANCELLED

AK 1035 24/11/2013 02:45 PM GUILIN-KUALA LUMPUR CANCELLED

QZ 8397 24/11/2013 12:30 PM DENPASAR-KUALA LUMPUR CANCELLED

AK 1337 24/11/2013 12:15 PM SOLO CITY-KUALA LUMPUR CANCELLED

QZ 8393 24/11/2013 11:10 AM DENPASAR-KUALA LUMPUR CANCELLED

QZ 8291 24/11/2013 09:50 AM SURABAYA-KUALA LUMPUR CANCELLED

QZ 8113 24/11/2013 09:45 AM U. PADANG-KUALA LUMPUR CANCELLED

D7 0173 24/11/2013 07:25 AM JEDDAH-KUALA LUMPUR CANCELLED

AK 1212 24/11/2013 12:05 AM BANGALORE-KUALA LUMPUR CANCELLED

QZ 8458 24/11/2013 10:05 PM KUALA LUMPUR-BANDUNG CANCELLED

QZ 8207 24/11/2013 08:20 PM KUALA LUMPUR-JAKARTA CANCELLED

QZ 8452 24/11/2013 06:15 PM KUALA LUMPUR-BANDUNG CANCELLED

AK 1060 24/11/2013 01:10 PM KUALA LUMPUR-NANNING CANCELLED

QZ 8398 24/11/2013 01:00 PM KUALA LUMPUR-DENPASAR CANCELLED

QZ 8394 24/11/2013 11:40 AM KUALA LUMPUR DENPASAR CANCELLED

QZ 8292 24/11/2013 10:15 AM KUALA LUMPUR-SURABAYA CANCELLED

QZ 8112 24/11/2013 10:10 AM KUALA LUMPUR-U. PADANG CANCELLED

AK 1034 24/11/2013 05:55 AM KUALA LUMPUR-GUILIN CANCELLED

Cheers folks!