I am working in oil and gas upsteam, i can not see any positive sign for offshore drilling, at least not the coming few years. Just expect more bad news to come.

For the warrant, If AAX delist, you will have total lost also. Look at the market now, Malindo can offer better price and service as compare to airasia. Fireflyz may cut price soon to compete with airasia as Muller take control of MAS, Dun forget Muller comes from budget airline. Flymojo will join the market in OCT.
The only good news is ASEAN will open it air, hopefully in coming year. where TF can join TAA, PAA, IAA and AA together and become market leader.
Almost a year i do not take airasia already, since they charged me credit card admin fees