Asia Business Outlook
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AirAsia To Raise $1 Billion In Debt Via Parent Company
By: Asia Business Outlook Team | Wednesday, 25 October 2023

Asia Business Outlook Team
Capital A Berhad, the parent of AirAsia, is planning to raise more than $1 billion in debt and equity and will list some of its businesses through a blank-cheque company, the Financial Times reported on Oct 25. CEO Tony Fernandes has agreed to a deal with Aetherium Acquisition, a special purpose acquisition company, and plans to list several businesses through it next year, the FT reported, citing two people familiar with the deal.

This includes a new business extending the AirAsia brand to companies hoping to start airline franchises in developing countries, the report said. The group has been evaluating fundraising options for a planned U.S. listing after pandemic travel restrictions hit it in Asia, leading Bursa Malaysia Securities to classify it as a PN17 company, or financially distressed, last year.

The potential fundraising also includes a $150 million loan from Bangkok Bank this month, FT said.

Capital A Berhad, doing business as AirAsia, is a Malaysian multinational low-cost airline based near Kuala Lumpur. It is Malaysia's largest airline in terms of fleet size and destinations. AirAsia has scheduled domestic and international flights to over 165 destinations in 25 countries.

Malaysia's national football team, Singapore's national football team, Jamshedpur FC, and Queens Park Rangers are all sponsored by AirAsia. AirAsia has previously sponsored Manchester United as well as the Asia leg of Taylor Swift's Red Tour.
Asia Business Outlook.

CapitalA Bhd Newsroom.
1. Aviation:
Passengers carried outpace capacity growth driven by surge in international demand.

2. MOVE Digital: Record high 15.4M Monthly Active Users for airasia MOVE and 1.5M carded users for BigPay drive up transaction volumes and values.

3. Teleport: Over 100% increase in Cargo tonnage handled and 2x parcel deliveries from FY22, on the return of international flights and healthy growth of eCommerce industry.

4. Aviation Services: Strong growth in ADE, Santan and GTR, boosted by increased flight activities.

KUALA LUMPUR, 25 October 2023 - Capital A Berhad (“Capital A” or the “Group”) has announced operating statistics for its aviation, digital, logistics and aviation services segments for the Third Quarter of the Financial Year 2023 ("3Q2023"End November)
Bullish...🐂...🚀

SKPRES: Oversold...!?
Bought @0.82...🤔

https://newsroom.airasia.com/news/2023/10/26/nadia-omer-takes-the-helm-at-airasia-move-as-chief-executive-officer#gsc.tab=0

WORLD OF BUZZ
SOCIAL STORIES“Next in-flight meal is on me once we recover” –Sir Tony Fernandes Promises to Maintain Low Fares Despite Weak CurrencyPublished 1 day ago October 25, 2023By Azri Azizan
Collage 44Source: TikTok | tonyfernandesairasia

Blessings come in many forms. You’re blessed if you have a shelter with a loving family in it and at work, consider yourself lucky if you have a superior who publicly recognises your hard work.

The CEO of AirAsia, Tony Fernandes recently surprised a flight of passengers soon after they landed with a special in-flight announcement – a gratitude message for all the passengers who have continuously supported the flight company throughout the years. He then expressed what he truly felt about the past 3 years when the pandemic struck, and after the world returned to its norm before Covid-19.

“It has been a hard 3 years, and providing many people with a chance to fly makes me really happy. It makes it all worthwhile.”

The passengers were not the only lucky ones who got to receive the words of gratitude from Tony. The cabin crew, who have been doing their best to serve the people after 3 years of hell and back were also recognised and praised in front of passengers by their CEO.

“It was tough for them. Their pay was cut. They didn’t have the chance to fly for 2 or 3 years. So please give them a round of applause.”

The passengers did not hesitate and they clapped as a token of appreciation for the cabin crew.

Tony admitted that 1 of the best parts about travelling on AirAsia is that he gets to meet guests and personally thank them. And here’s the best part. Tony had another surprise in store for the passengers.

“When we are fully recovered, the next in-flight meal is on me.”

Despite high oil prices and the weak currency, Tony promised passengers that AirAsia will do its very best to maintain low-fares.

You can watch and listen to his words in the clip below.

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Such a cool boss like Tony Fernandes is truly an inspiration (and a huge motivation) to others.

Also read: Tony Fernandes Performs TikTok Dance With Cabin Crew at Their Grad Ceremony to Make Them Happy!

Copyright © 2023 WORLD OF BUZZ. All Rights Reserved

AirAsia Newsroom.
Year-to-date, the consolidated airlines have recovered 76% of passenger volume from the first nine months of 2019.

KUALA LUMPUR: Capital A Bhd’s consolidated airlines comprising AirAsia Malaysia, AirAsia Thailand, AirAsia Indonesia and AirAsia Philippines continued to post a strong load factor of 89% in the third quarter ended Sept 30, 2023 (3Q23).

The aviation and digital lifestyle group said it carried 14.7 million passengers on the back of 16.5 million seats capacity on 152 operating aircraft in 3Q23.

“Consistent high travel demand post-pandemic has resulted in solid year-on-year (y-o-y) growth with a three-percentage point improvement in load factor, achieving close to 50% growth in passengers carried, while seat capacity grew close to 45%,” it said in a statement yesterday.

Year-to-date, the consolidated airlines have recovered 76% of passenger volume from the first nine months of 2019, which surpassed the overall capacity recovery of 73% in the same period.

It said all airlines posted high load factors, primarily driven by the growth in international seats sold.

“AirAsia Philippines took the lead with a remarkable 368% y-o-y increase in international passengers carried, flying over 354,000 passengers.

“This is followed by AirAsia Thailand carrying 1.8 million international passengers, up by 164% y-o-y. AirAsia Malaysia and AirAsia Indonesia both showed about 100% y-o-y growth to 3.1 million and 1.1 million international passengers, respectively,” it said.

On its digital segment, Capital A said airasia Move, which was rebranded recently from airasia Superapp, achieved a new record of 15.4 million average monthly active users, up by 61% y-o-y.

“This has led to another new high of 8.3 million transactions, up by 65% y-o-y,” it said.

As for BigPay, it said carded users increased by 14% y-o-y to reach 1.5 million users, while gross transaction value has also shown encouraging progress, rising by 24% y-o-y with broad-based growth across all products.

On the logistics segment, Capital A said Teleport continued to deliver strong quarterly performance in its core operational metrics.

“For cargo segment, we delivered 57,309 tonnes, a 115% increase y-o-y, and this success is further underscored by a healthy belly utilisation rate of 15% (up from 12% y-o-y), an achievement made possible by the return of international flights, which significantly expanded usable belly capacity,” it said.

Meanwhile, the delivery segment continued to post impressive growth, delivering 7.4 million parcels during 3Q23, it said.

“(Year) to date, it has delivered 17.9 million parcels – already more than double the levels achieved in the 2022 financial year,” it added. — Bernama

AirAsia Newsroom.
Capital A Berhad, the parent of AirAsia, is planning to raise more than $1 billion in debt and equity, and will list some of its businesses through a blank-cheque company, the Financial Times reported on Wednesday.

Capital A CEO Tony Fernandes has agreed to a deal with Aetherium Acquisition, a special purpose acquisition company, and plans to list several businesses through it next year, the FT reported, citing two people familiar with the deal.

This includes a new business extending the AirAsia brand to companies hoping to start airline franchises in developing countries, the report said.

The group has been evaluating fundraising options for a planned U.S. listing after it was hit by pandemic travel restrictions in Asia, leading Bursa Malaysia Securities to classify it as a PN17 company, or financially distressed, last year.

The potential fundraising also includes a $150 million loan from Bangkok Bank this month, FT said.

Capital A and Aetherium Acquisition did not immediately respond to Reuters' requests for comment.
So Far So Good...There are many Private/Loaded Investors, are salivating on CapitalA n its business models...🐂/🐻...#65%/35%...🙏🚀

The Edge Singapore
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AirAsia to list through New York spac: FT Felicia Tan
Wed, Oct 25, 2023 • 02:18 PM GMT+08 • 2 min read
AirAsia to list through New York spac: FT
Tony Fernandes. Photo: Bloomberg
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Malaysian entrepreneur Tony Fernandes is planning to raise over US$1 billion in debt and equity for his Capital A conglomerate (formerly AirAsia). He is also preparing to list some of its businesses through a special purpose acquisition company (spac) or a blank-cheque company in New York, according to an article in the Financial Times.

Fernandes was said to have struck a deal with Nasdaq-listed spac Aetherium Acquisition. He is also said to list several businesses – including a new business extending the AirAsia brand – through Aetherium in 2024, according to the paper’s sources.

Capital A has been classified as a distressed company by the Malaysian government in 2021 although the company has asked Bursa Malaysia to lift its classification in July this year.

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The deal with Aetherium is expected to be finalised in early 2024, according to the Financial Times’ source. The spac closed its US$115 million ($157.4 million) initial public offering (IPO) of 11.5 million units in January 2022.

“Capital A still has a lot of debt, which is concerning, but operationally things are going quite well. This year looks like it will be better than the year before Covid,” says Aletheia Capital analyst Nirgunan Tiruchelvam.

“US capital markets are generally much more tolerant of finances like this than markets in Asia,” he adds. “Fernandes has an extraordinary ability to energise his investor audience

KUALA LUMPUR (Oct 24): AirAsia X Bhd (AAX) achieved a passenger load factor of 80% for the third quarter of 2023 (3Q2023), up 7% year-on-year (y-o-y) while seat capacity surged over nine times, hitting 1.01 million seats flown.

The performance was attributed to a 10 times y-o-y increase in the number of passengers with over 807,000 passengers carried in 3Q2023 compared to nearly 80,500 passengers in the same period last year, the medium-haul low-cost carrier said in a statement on Tuesday.

“Available seats per kilometre (ASK) surged close to 12 times higher y-o-y at 4,412 million, bolstered by the increase in seat capacity and the continued recovery of the company’s network,” it added
No problem, all are okay for Airlines, guarantee will uptrend... it's the timing Only...🙏🚀

https://youtu.be/UgPcSES4vZE?si=3PSz9ImvA1tPc-MX
Hari Hari Trolling...🤮🥱😷

HAPSENG Overbought...@5.40.
Sold #80%...Wait for major...Retracement ...!?

Mabel
Thanks for Pushing AA down today...
It was a good catch...
CherMeow

I Q @0.82...Not Matched...next week try @0.78...!?
Lots of buyers, today...@0.845...!?

CapitalA n AAX are okay anyway...Only news wanted to make it so... negative...so I took the advantage to buy on Weakness...Sell on Strength later on...!?
Extension to uplift PN17...okay...so CapitalA, RP... confirmed will extend as on 31st Dec. Extend further...much better for both AAX n CAPITALA...so they can plan thoroughly...🤫🤔🙏

StartOfTheBull
Traders will take advantage of price swing on pessimism...n optimism...So the percentage of Dry Powder....u must decide yourself... even though...u hold a specific business or Equity!?
Holding a stock without...Price Swing...is like dead wood...no life at all...no actions at all...just less than #3% of DY...they are bragging how much money they profited.
Inflation is also #3% yearly... Ringgit depreciated #3% yearly...what Profit they made...Zero...what return on capital...Zero....buy on Weakness...Sell in Strength...Zero lol 😆🤮🤦
It sounds similar to that guy sitting as 29th largest shareholder...yaloh...!?
They thought they are earnings around #3% per year in dividend... actually they are losing their capital employed.
Imagine inflation #3%, all things shoot up...rice, eggs, all necessities...Plus Ringgit goes down #3% yearly. They are losing blindly, they assume they are winning...LOL...😂
If u hold Singapore Dollar...at least u can beat Inflation by #3%... because it appreciated yearly by 3% roughly against Ringgit...!?
So the buying power is still there...even though all things shoot up ..by 3% yearly....🤫🤔🙏

StartOfTheBull
In fact, for those gamblers, this afternoon would have made some quick buck if dared to catch some AAX shares from panic sellers at about RM1.87, of course, those who were sharp and fearless.

Traders will take advantage of price swing on pessimism...n optimism...So the percentage of Dry Powder....u must decide yourself... even though...u hold a specific business or Equity!?
Holding a stock without...Price Swing...is like dead wood...no life at all...no actions at all...just less than #3% of DY...they are bragging how much money they profited.
Inflation is also #3% yearly... Ringgit depreciated #3% yearly...what Profit they made...Zero...what return on capital...Zero....buy on Weakness...Sell in Strength...Zero lol 😆🤮🤦

CapitalA is negative @2.00...Loh...better don't bark n hiss here...anymore...Hold your whatever high NTA, high cash flow, your return still negative because it's only less than 3.6% of average government bond yield!?
U guys are such failures... that's why have so many negative bragging rights...to cheat so many naive...every forums u go..
Also negative bragging rights....🤮🤦😤

Nobody can teach u...u have to learn it yourself...thru...experiences...be flexible to changes... especially technology changes... products n services rapid changes...🤫🤔
Then u can survive...I see not many services/products...can last forever...Be flexible n alert to changes... Nothing is Fixed...Even our Fate isn't Fixed...🤫🤔🙏

Why there are so many Smart Alex's lost ton of money managing other people money...!?
Ask yourself, it's not those smart graduates, or highly intelligent/IQ...they lost billions... historical it was recorded 🤫🤮🤔
Actually many who are successful or I mean survive n have descent return of capital...lost quite substantial of money before...!?
U can ask Soros/Druckenmiller...if u didn't lose money in stock markets...they will never employ U...!?
So learn from mistakes...analyse those mistakes yourself...be flexible to changes...so u can survive in stock markets...🤫🤔🙏

Hold/Swing/Day Trade altogether in single stock or few stocks also can... depends on your cost of capital. Maximum #20... minimum #5...!?
Just now only Matched at @0.87...Sold @0.90...#3.6% Rate of Return...!?
AAX not Matched...Q @1.80...missed out by 0.05...!?
If not also good rate of return...!?
Plus Vice-Versa of Cut-Loss strategy...Minimize your rate of losses...!?
🤫🤔🙏

Whatever lah...Swing lah, Day Trade lah, Invest n hold lah...the basic rate of return...can u beat Inflation of #3% per year, almost everywhere... inflation LOH!?
It your return of capital employed is so mediocre only less than #3.6%, you Only beat Inflation!?
That's why only #5% win in stock markets...!?
At least a #10.8%, minus inflation rates, maybe #3.6%, then u can consider average rate of return.
#7.2% u need almost 15 years to return all your cost of capital.
The higher the rate of return, of course faster capital return to U...!?
If u can Swing Trade 3.6% average #3/4 months, then it's quite good, the rate of return. That's above 10% per year.
Still consider average return LOH!?
That's ten year u return your cost of capital...🤫🤔🙏

Nestle @127.50. NTA: 3.07. Why so much differences the market value versus Book Value!?
That's so many ignorance n cartoonists in Bursa lol 😂!?
DY only Average 2.5%. Some say can go higher, but u never think it will limit down heavily, if some bad news on its famous product 'MILO'!
Actually no many products can beat Milo, not Ovaltine, Horlicks, etc!?
Even Coke also sell lots of health drinks nowadays, plus zero Coke selling normal Coke cannot survive LOH!?
Plus many to analyse...🤫🤔🙏

Everywhere, Stock Markets are influenced by liquidity n news, either bull/bear trends or sentiments...Where got fixed past numbers, even future numbers are Envision Only.!?
They are so many cartoons characters, emphasizing on high NTA, high cash value, but the Price never Swing At All. All days just stay there for few years!?
Collecting a below mediocre dividend yield of below 3%, much lower then average bonds yield of #3.6%...i don't why have such ignorance people in stock markets!?🤮😤🤦

CapitalA has such good Price Swing or Volatility!?
Pariah Dogs who don't know how to Swing, or Day Trade... holding below #3% DY for a year, this can't even beat Inflation of #3% yearly!?
They blame everyone, Not themselves for their own shortcomings or failures 🤮
Just now was an example of sentiment in stock markets!?
U happen to buy, incidentally, at #0.865/0.870...U sell at #0.90/0.905....!?
Already more than #4% Day Trade Profit. Imagine that's not Swing, it's Day Trading...🙏🚀

CapitalA Daily Pivot Point Momentum!?
S1: 0.920.
PIVOT: 0.935.
R1: 0.95.
Consolidating Trend!?
🐂/🐻: 50/50.
Bears are creating all negative news, trying to buy kaw-kaw at @0.85.!?
Expecting 🐂...#100%, after confirmation of RP extension to 31st Dec. Just a formality Only.
There are many 'kucing Kurap ', company, simple RP, cannot submit, also extended for more than 3 years.
CapitalA Bhd...is an extraordinary company 🤫🤔🚀

That's why Peter Lynch always mentioned about ten or more baggers. But u must willing to work hard to dig, deeper, n find your precious Gems!?
How to have good capital return, waiting for #3% dividend return, or a mediocre 10% trading gained per year.
If your target is #20%/year, then if u win a 1 bagger/100% profit. U can Sit n Shake Legs , for 5 years. That's how Druckenmiller/Soros did it.
It's not every year #20%, it's a Gut Feeling Chance!?
U can win above #100%!?
Your Gut will tell U!?🙏🤔🤑

StartOfTheBull
I guess SSLee is very unhappy that he calculated with his chemistry formula for Capital A when it was below 70c and his Insas was about 90c. In term of share price, as at today Capital A is way ahead of his Insas at 88c now.
More than that LOH!?
Season Traders usually like Volatility of #2/3 times YTD.
Like CapitalA, from average @0.60/0.75/0.85/0.95/1.05.
There are at least #3 times, YTD to Buy on Weakness n Sell on Strength!?
Inexperienced traders just wait for average dividend yields, or bonus issued.
But after dividend/bonus, usually shares will drop more than its paid dividends/bonuses.
That's why u can only invest n hold, long term, if u bought a good FA company, during Crisis. 🙏🤔🤑

Sir Tony Fernandes, also don't care about the Regularisation Plan, he let his advisors do the job.
He has bigger problems to Solve, why u like goblins lol 😂

Bursa where have 'Economic Moat' company, u think they is a Moat surrounding the company, with all crocodiles, piranhas, n sharks, swimming around, where no competitors can destroy or take a chunk of your meat n blood !?
Nonsense lol 😂!?
Even Apple, Coke, or Google also have competitors!?
It's how u innovate, go with the latest trends, so your products/services can sell Well!?

Sir Tony Fernandes, don't waste his Precious Time, answering Foolish Questions.
He has Excellent Problem Solving Skills.
U better ask his doggies secretaries or his macai macai 🤮💸🤦

Johnchew5
Hoho Cham lor Insas Insiders r relative related .. esp the Fashion company.. Water flow out lee lee

Plus Divfex Bhd, Ace Listed , GN18, almost #4 years Regularisation Plan haven't completed. So simple company also useless to submit its RP!?
Bursa should have delisted them long time ago!?
Insas invest more than #25% in such a Pariah Company, aiyoo...yoo...lol 😂

These pariah dogs, n double headed snakes, So many days keep on barking n hissing at CAPITALA, but market capitalization still very much higher than Insas!?
They probably are waiting to upload kaw-kaw, when it Limit Down, to below @0.60. So they can pumpn dump!?
So I call them to 'Tan Ku Ku'! That are their correct names, Betul n Correct LOL 😆🤮💸

Johnchew5
Hoho alamak Capital a Price RM 0.935 is Higher than Insas RM 0.88 ..
You cut kukujiao ke .. no need la .. save it as oredi a 63 rotten 🍌 …😂🤣🤣
Yaloh!? Insas cash value, @1.10, NTA @3.53, NCAV 2.10. How come CAPITALA Negative NTA -@2.01, market value much higher than Insas!?
That's to say Insas insiders, are konmen, or scammers LOH!?
Really a Values Trap company, all insiders are crocodiles n goblins...🤮

https://www.klsescreener.com/v2/news/view/1217141
Coming Weeks... 🐂/🐻...#65%/#35%...!?
🤔🤫🚀

Druckenmiller,
"Earnings don't move the overall market; it's the Federal Reserve Board...!?...focus on the central banks, and focus on the movement of liquidity... most people in the market are looking for yearly/quarterly earnings and conventional measures.
It's liquidity that moves markets."
Waiting Game, or Zero Sum Game!?
High Liquidity of Willing Buyers Sellers... 🐂...🤫...🙏...🚀...🤑...👣

StartOfTheBull
SSLee relies too much in financial statements,...U r Absolutely Correct 🤫
#example Insas.(After #5-Year Return #13%🤮
As AirAsia is still surviving post pandemic, that could be the reason why he is very depressed, and sometimes he is over excited with his chat mate old Ahkua.😆
Peter Lynch, one of the greatest stock markets, multibaggers winners, financed his U graduation with profited earnings from individual stock, less diversified portfolio.
Diversify is considered Diworsify🤫🤔
Earnings #10 Baggers(1,000%} is still his famous slogan, just like Nike, 'Just Do It' n AirAsia, 'Now Everyone Can Fly'!
If u can profit yearly 1 bagger(100%), u can Sit n Shake Legs for 5 years (#20%/year)🤫🤔🚀
Dividend Growth Prospects Strategy are for those newbies or very young investors, to grow their investment n portfolio.
For season traders, it's more flexible, but Free Cash Flow is the 🗝️🤫🤔🚀

paulthesotong
Yet,investors ought to lookout for CapA 4Q 2023 results which may boosted by high fares.. Maybank IB.
Not only IBs, general public shareholders, know everyone, eager to fly, to solve whatever emotional, money, relationship issues.
SIA tickets prices were high, the beginning of the year, as do AirAsia.
As seats capacity pick up, demand slowly taper-off, the consolidating airfares LOH!?
These 3rd/4th quarters will be unprecedented profits for CapitalA(See SIA result))!?
Probably after 30th Nov, CAPITALA will outperform. Until 2024, Jan/Mar.
Patience is the 🗝️!
At present it's geopolitical happenings, high Treasury Yield, high commodities prices, etc.
Stock Markets are driven by emotion/sentiment/trend 🤔🤫
High Liquidity/Traders Volume, will squeeze Equity Valuations!?
Willing Buyers/Sellers/🐂/🐻!?
🤫🙏🚀

AAX... Negative @8.0959.
Profited 33.5Bn. Negative @0.3028...!?🤔
Net assets per share attributable to ordinary equity holders of the parent ($$)
-0.3028!?
-8.0959!?
Now Equity Positive @0.22/share...!?🤔
Oct, '22 @0.50, Daren't Buy!?
Feb. '23 @0.75. Daren't Buy.
Mar. '23. @1.20. Gave Up to Buy.
Now @2.40.!?🤷🤦🤔

Quarterly rpt on consolidated results for the financial period ended 31 Mar 2022
AIRASIA X BERHAD
Financial Year End. 30 Jun 2022
Quarter 3 Qtr
Quarterly report for the financial period ended 31 Mar 2022
The figures have not been audited
Attachments
AAX - 3Q2022 Results.pdf
690.4 kB
Default CurrencyOther Currency
Currency: Malaysian Ringgit (MYR)

SUMMARY OF KEY FINANCIAL INFORMATION
31 Mar 2022

INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD. 31 Mar 2022

1. Revenue
113,015
0
331,594
0
2. Profit/(loss) before tax
33,617,660
0
33,456,522
0
3. Profit/(loss) for the period
33,617,658
0
33,456,576
0
4 Profit/(loss) attributable to ordinary equity holders of the parent
33,617,658
0
33,456,576
0
5. Basic earnings/(loss) per share (Subunit)
8104.30
0.00
8065.40.

6. Proposed/Declared dividend per share (Subunit)0000

AS AT END OF CURRENT QUARTER
AS AT PRECEDING FINANCIAL YEAR END
7. Net assets per share attributable to ordinary equity holders of the parent ($$)
-0.3028
-8.0959

Definition of Subunit:
In a currency system, there is usually a main unit (base) and subunit that is a fraction amount of the main unit.
Example for the subunit as follows:

Country Base Unit Subunit
Malaysia Ringgit Sen
United States Dollar Cent
United Kingdom Pound Pence

Announcement Info
Company Name AIRASIA X BERHAD
Stock Name AAX
Date Announced 30 May 2022
Category Financial Results
Reference Number FRA-30052022-00076

Hoho Konartist sslleee .. scroll up to see my earlier posts … in AAX QR result : more than RM 6.0 Billion Borrowing became RM 5.0 in The Next QR result …
Being Audited le …
How come LOH!?
That time AAX was below @0.50. AddedCapitalA!
But Missed Out AAX...!?

paulthesotong
Crab logic ,crab language, crab brain. He.. What do u expect?
👍 Correct LOL 😂
59 minutes ago
CapitalA Bhd, present has 4,124B, Outstanding shares, from around 3.4B, before COVID.
Next few years, all its #65%, Convertible Rights, Bonds, PPs, Sukuks, are covered into Equity/Shares.
CapitalA Bhd, dilution of shares will be around 7/8Bm Outstanding Shares.
If there are redeemed earlier, by CapitalA, n pay less interest payments. Then dilution will be lesser.
Convertible Rights/Bonds are quite complicated to understand as years of interest payments, rates, conversions n redeemed by company.
CapitalA, Sir Tony, Fernandes n his management team, really try their very best, to make AA Great Again 🙏
'Now Everyone Can Fly'
'Just Do It'!
🙏🛫🚀

cmiko888
Ok good news = price drop time! :D
58 minutes ago
StartOfTheBull
SSLee relies too much in financial statements, example Insas. As AirAsia is still surviving post pandemic, that could be the reason why he is very depressed, and sometimes he is over excited with his chat mate old Ahkua. 😁
Stagnant n lost too much $£¥, their mind, body n soul become irrelevant, copied out their fears, their pessimism, their stubbornness 🤔
Buy n Hold those companies that are Too Good To Be True!
Never benefits general public shareholders, paying below market rates of return.
Crab logic, n sarcastic, crabs always walk sideways. Every animals walk forward.
We holder of AAGB now CAPITALA BHD, are fully optimistic, will survive COVID turbulence.
Regularisation Plan extended is confirmed. Will announce in 2 weeks.
All debts are covered by Cash Flow from operation, going forward. Plus all interest payments are covered now n before.
The only PN17, criteria is Negative Equity, that will be solved sooner or later.
Core Aviation n Aviation Services are booming, cash flows are flowing non stop.
Earnings Growth Prospects are Great Now🤔
Be Optimistic, Market Value, will follow Up, 🚀, hopefully ASAP
Long Live AirAsia 🛫✈️🚀

xskyriver hi...!
Capital A Bhd group, is seeking a US$400 million (RM1.8 billion) loan, half of it from private credit funds, to refinance debt, according to people familiar with the matter.

The loan will be in the form of a Revenue Convertible Bond, with investors to be paid out of ticket sales from ten AirAsia flight routes, the people said, declining to be identified because the matter is private.
A representative of the company declined to comment.
(Mandatory Convertible Bond also possible, like Temasek $9.7 Bn, issued to bulk up SIA Balance Sheet)

CapitalA, probably Mandatory Convertible Bonds of : $2Bn n 1B Right Issue, can 'kao-tim' its Balance Sheet, by FY 2024 Result.
Stay Focus on Latest News from AirAsia Newsroom.
🤔🙏🚀

CapitalA Pivot Point Momentum!
S1: 0925.
PIVOT: 0.950.
S1: 1.00.
S2: 1.08.
Trading Volume: Uptrending.
🐂/🐻: 60%/40%!
Dis: Trade at your own Risk!

AirAsia Newsroom Latest.
Budget carrier AirAsia, a part of the Capital A Bhd group, is seeking a US$400 million (RM1.8 billion) loan, half of it from private credit funds, to refinance debt, according to people familiar with the matter.

The loan will be in the form of a revenue bond, with investors to be paid out of ticket sales from ten AirAsia flight routes, the people said, declining to be identified because the matter is private.
A representative of the company declined to comment.(Mandatory Convertible Bond also possible, like Temasek $9.7 Bn, issued to bulk up SIA Balanced Sheet) CapitalA, MCB: $2Bn n 1B or Right, can 'kao-tim' it's Balanced Sheet)

Capital A is no stranger to private credit. An engineering and maintenance subsidiary Asia Digital Engineering in April secured a US$100 million investment from private-credit provider OCP Asia Ltd., according to a statement at the time.

Asia still accounts for a small percentage of the
US$1.5 trillion global private credit market(Whale Financing), but major players such as Blackstone Inc are targeting growth in the region.

With global airline capacity returning to levels seen before the pandemic and industry earnings rebounding, the aviation industry has become a target for private credit lenders.
🤔🙏🚀

AirAsia Newsroom Latest!
KUALA LUMPUR: AirAsia is offering a 50 per cent discount on one-way base fares exclusively to MYAirline passengers affected by the carrier’s suspension of operations.

The special offer, effective immediately, is applicable to passengers with confirmed flight bookings to and from Kuala Lumpur, Langkawi, Penang, Tawau, Kota Bharu, Kuching, Kota Kinabalu, Kota Kinabalu-Tawau, and Don Mueng-Bangkok and Suvarnabhumi-Bangkok from today until Nov 30, 2023.

ALSO READ: MYAirline suspends operations, says due to 'significant financial pressures'

"We understand the stress and disruption this situation has caused and hope that this 50 per cent discount will assist affected passengers in making new travel arrangements, making full use of our extensive flight network to all key destinations,” AirAsia Aviation Group Ltd group chief executive officer Bo Lingam said in a statement today.

In a statement earlier, MYAirline announced it had suspended its operations effective today until further notice due to significant financial pressures.

The low-cost airline said it had come to this "extremely painful decision” because of financial pressures that made it necessary to suspend operations pending the shareholder restructuring and recapitalisation of the airline. - Bernama

Asking n typing Anything:
Steps to start chatting with AirAsia AVA on WhatsApp:
1 Open WhatsApp app on your mobile or desktop computer.
2. Go to the Chats tab.
3 Tap New Chat icon, then select New Contact.
4. Create new contact using +60 11-3516 5078 number.
5. Start chatting with AVA by typing anything.👍

AirAsia ADE(MRO):
Where are the Market Opportunities?The Increasing Trend of Outsourcing MRO Services Allows Specialized Providers to Tap into a Growing Market;
1. The burgeoning trend of outsourcing MRO services presents a significant opportunity for specialized providers to enter and thrive in a growing market. Airlines increasingly opt to partner with third-party MRO providers due to the expertise, efficiency, and cost-effectiveness these providers offer. This trend allows MRO companies to extend their services to multiple airlines, broadening their customer base and revenue streams. Independent MRO providers with specialized capabilities can offer tailored solutions for different aircraft types, enhancing their competitiveness in the market. As the aviation industry continues to expand, the demand for reliable and efficient MRO services is set to rise, creating an environment ripe for providers to establish themselves and meet the evolving needs of airlines.

2. The Rise of E-Commerce has Boosted Air Cargo Demand, Creating Opportunities for MRO Providers
The surge in e-commerce has led to an increased demand for air cargo services, presenting opportunities for MRO providers. Air cargo operations require aircraft that are maintained at optimal levels of performance and reliability to ensure timely and secure transportation of goods. MRO providers can capitalize on this trend by offering specialized maintenance services for cargo aircraft and related systems. Efficient maintenance practices contribute to reduced downtime, increased operational efficiency, and enhanced safety, crucial factors in meeting the demands of the growing air cargo market. By catering to the specific needs of cargo operators, MRO providers can position themselves to benefit from the continuous expansion of e-commerce-driven air cargo services.
This is another big earnings growth prospects in CapitalA.

CapitalA (ADE) closest competitors are in Singapore, SIA ENG n ST Engineering.
🤫🤔🚀

AIRASIA NEWSROOM
VIEW ORIGINAL

Teleport and China’s SF Airlines to cross-share logistics network
October 2, 2023 Nur Suhaila Mohammed Kamal -

Partnership with SF Airlines strengthens connectivity between China and Southeast Asia, and opens new opportunities to the U.S. and European markets

SF Airlines gains access to Teleport’s logistics capabilities to support international expansion into Southeast Asia

Kuala Lumpur, 2 October 2023 – Teleport, the market leader for air logistics in Southeast Asia, and SF Airlines, China's largest air cargo carrier by fleet, have signed a bilateral interline partnership to leverage on each other's extensive air network to better serve their respective customers – Teleport brings to the table deep logistics access into Southeast Asia, and SF Airlines the largest express network within China and outbound into European and North American markets.

This partnership has already moved significant cargo volumes for customers of both parties on the combined network.

Teleport, the logistics venture seeded by Capital A Berhad is actively adding third-party airlines to its air logistics network to expand into key airports such as Kuala Lumpur and Bangkok from China, while extending network reach into new markets such as Europe and the United States.

Pete Chareonwongsak, Chief Executive Officer (CEO) of Teleport says, "This partnership is in service of our continued efforts to add valuable third-party airline partnerships to Teleport. We are looking forward to supporting SF Airlines to expand their cross-border product in Southeast Asia.”

“In turn, our partnership with SF Airlines, the largest cargo airline in China not only strengthens our regional connectivity within China but also extends our market reach into Europe and the Americas, connecting our network globally beyond Southeast Asia. This will help us better serve our customers needs, deepen our end-to-end capabilities, and ramp up our ability to scale our business to better serve the region.”

“This collaboration reflects our relentless commitment to revolutionise air logistics in Southeast Asia and beyond – to provide our customers with a faster, more affordable, and uncomplicated go-to choice to move things across Southeast Asia, and now globally.”

SF Airlines operates a formidable fleet of 84 freighters serving 90 global destinations, both present and past. Their international network includes destinations in Europe, the United States, the Middle East, and Southeast Asia, among others.

Li Sheng, Chairman of SF Airlines, added, "We're delighted to partner with Teleport, a market leader in the Southeast Asia region. This partnership allows us to deepen our network access into Teleport’s wide network reach and frequency into Southeast Asia as well as key Asia Pacific markets. We look forward to this partnership in further strengthening our commitment to continuously expand and strengthen our air-logistics service capability"

Teleport is the current market leader by volume of cargo moved across Southeast Asia and boasts the largest air logistics network in the region, utilising the surplus belly space of 204 wide-and-narrow-body AirAsia passenger aircraft. Additionally, Teleport inducted the first of three Airbus A321 Freighter (A321F) aircraft in July, to further solidify its leadership position in the region.
This collaboration will be CapitalA (Teleport), unprecedented earnings growth prospects 🤔
Imagine, a week of National Holiday in China, Changi Airport cargo volume down #40%!?
The busiest airport n the best transhipment Hub in ASEAN.
🤫🤔🚀

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BigPay now seamlessly embedded into airasia Superapp. Enables easy payments across all bookings, plus exclusive rewards and discounts for users
BigPay as the default payment method for bookings made within airasia Superapp
BigPay Better Together with airasia Superapp: Linked BigPay accounts to enjoy seamless payment experience, exclusive 5% off fights, RM50 off hotel bookings, and 2x airasia points

KUALA LUMPUR, Malaysia, 10 October, 2023 – BigPay, the leading Southeast Asian finance app unveils itself as the exclusive wallet for payments within the airasia Superapp, which will be renamed to airasia MOVE soon.

From today, users of the one-stop travel platform offering services from flights, hotels, ride-hailing, loyalty program and more, will be able to check their BigPay balance, and use BigPay to seamlessly purchase flights, hotels, and more within the app.

To enjoy seamless payments via BigPay, airasia Superapp users only have to spend a few seconds linking their BigPay account. From there, users will be able to check their balance and pay in the app. In the coming months, users will also be able to sign up for a BigPay account directly within the app.

Zubin Rada Krishnan, Group CEO of BigPay shares: “We are delighted to be collaborating even closer with airasia Superapp to provide travellers a seamless payment experience for all their experiences - from a flight to Bali, to a hotel in Chiang Mai or duty-free chocolates from airasia shop. We encourage users to link their BigPay accounts on the Superpp, and for new users to sign up to BigPay to enjoy the ease of paying within the airasia Superapp ecosystem.

“With BigPay’s features now easily accessible to over tens of millions of users across the region via the SuperApp, it brings us one step closer to fulfilling our mission of empowering Southeast Asians with the financial services they need to level up their lives, one transaction at a time”, he adds.

“We are excited with the implementation of this collaboration as it truly enhances the experience of our app users. A seamless payment experience is key towards driving convenience for travellers, on top of the great benefits of linking their BigPay accounts to the app such as the exclusive discounts and 2x airasia points,” said Tan Mai Yin, Chief Operating Officer for airasia Superapp.

As part of the goal to provide a seamless payment experience, users who pay via their linked BigPay accounts on the SuperApp will be able to enjoy exclusive perks such as:

5% off AirAsia flights*

5% off flights on other airlines* booked via airasia Superapp

RM50 off Hotels on your first booking*

2X airasia points when you pay with BigPay for airasia ride, Hotels, and other airlines on the Superapp

Exclusive sale for BigPay users

Priority access to other airasia sale promotions

* terms and conditions apply

In the next phase of enhancements, users can look forward to an improved travel and payment experience, exclusive travel perks and discounts, and a wider suite of financial services available within Superapp.

Earlier in September, the digital arm of Capital A, airasia Digital announced its strategic transformation into MOVE, to emphasise its commitment towards travel. MOVE is dedicated to revolutionising the travel and financial services sectors by offering innovative, user-centric solutions at the best value. The rebranding marks an exciting chapter in its next phase of growth through airasia Superapp and BigPay.

How to link your BigPay account on the airasia Superapp:

Open the airasia Superapp and tap the BigPay widget at the top of the screen
Tap the ‘Link Account’ button to start linking
Read the data sharing advisory and tap ‘Allow’.

Your BigPay app will launch, and enter your password to log in to your account
Read and agree to the prompts on the screen
Notification of successful linking
How to pay with your linked BigPay account on the airasia Superapp:


Upon check out, select the BigPay payment option

Once you confirm your order, you will be prompted to open your BigPay app and approve the transaction for security purposes

Transaction completed

For more details about the Better Together campaign, please visit:

https://bigpayme.com/features/airasia-superapp/linking/
- END -
Aviation Services are CapitalA Bhd, forward earnings growth prospects, resilience against many crisis.
🙏👏🚀

CapitalA Daily Pivot Point Momentum!?
S1: 0.920.
PIVOT: 0.940.
R1: 0.980.
R2: 1.04.
Some clowns, Q to buy @0.85, 😂, can try LOH!?
It's uptrending momentum Lah!?
Q higher to sell it's okay lah!?
Willing Buyers more than Willing Sellers. Trading Volume very low, #15M is #1%(Public Shareholders), still go up, >1%!?
Dis: Trade at your own Risk!