RM 300 enough for two months?

https://www.youtube.com/watch?v=v_rXhuaI0W8 The 8 Flights That Show How COVID-19 Reinvented Aviation

A new airline will start with a clean slate without being saddle with huge debt like the current airlines. Alot of management and technical staff are available to hire by the new airline to launch their service. Launching a new airline now also will not face the problem airlines use to have when trying to expand when it comes to supply of planes and limited landing slots

the cheapest option for the gov is to wait for MAS AA and Malindo to go into liquidation, a new flag carrier can be created from the ashes of these airline with a low cost base. there would be a large amount of plane capacity and landing slot available after covid that would benefit a new airline to expand fast.

speakup BOAC never got shutdown, it merge with BEA to become BA which are still running today

this company at current state is awaiting liquidation

Tony are busy cooking up BS scheme to prop up the share price. desperately latching AA to latest hype like fintech, blockchain, e-commerce and superapp. all these venture are not going to help AA, it require a huge amount capital and domain knowledge that AA does not have.

Did AA release they cash burn rate recently? Seem like a important information for the shareholder

Today trapped a new batch

Unless Tony announce he going to inject a few billions into AA, there are no hope for this counter. All funding options had been explored. The only thing that matters now is the cash burn rate and how long AA can continue at current burn rate

Last chance to escape

Today many got trapped

AA cash burn rate how much? 1 billion can last 6 months?

The 1billions will last six months? What is the current cash burn?

Bye bye, wave 3 confirmed.

freddiehero AA not even have the technical ability to handle spike in traffic in their simple website every time there are sales. now want people to believe they can build a superapp?

aliyusof after vaccine pass safety test it still need one or two years to produce and distribute to the entire world. that is we presume a perfect vaccine can be developed within this year. it is likely the first batch of vaccine only provide protection for a few months.

building a superapp is simply nonsense for a airline company. even some of the biggest unicorn tech startup cannot achieve such objective after spending billions. this airline that are desperate with preserving cash are able to do it?

Sarawak now also mandatory quarantine. AA domestic market kaput

Tony still spend every day talking BS about superapp. No billions to burn don't even dream about creating a superapp

the stock should actually be worth negative value now

this company are not about making money now, it is about avoiding liquidation

40 cents also too expensive, company need RI ASAP to prevent liquidation

tomorrow KO, the situation keep getting worst

ronnie88 MBB can do almost all their banking service without direct contact with customers. AA business model require the customers to show up in person and sit in a metal tube with 200+ people for hours.

second wave now confirmed, international and domestic route that are just opening back are going to shutdown again. AA KO for this year

Vaccine will take two years to roll out to the entire world population, Malaysia does not have early order for vaccine so we are at the back of the queue.

even after vaccine the market will take time to recover to previous level, some long term change have taken place for business travel, and the economy downturn also limit tourist numbers

the airline is in desperation for survival, they need to cut all the capacity they can cut and remove all the workforce they can spare. they are not going to get back to the same earning potential they have on Jan 2020 until 2022.

basically this company had become a lot smaller and need to get smaller to survive the next year.

Everywhere more covid case. AA KO for this year

Winter is coming second wave is sweeping the world

Tony still talking BS about bigpay superapp don't need all of money to build all these different features when all other fintech venture all require huge amount of money

https://asia.nikkei.com/Business/Transportation/AirAsia-Japan-to-suspend-all-flights-for-most-of-October

AirAsia Japan to suspend all flights for most of October

AA Japan going to close shop until next year

Vaccine need cold chain transport, how are the passager planes suppose to be converted for this one time use?

Thuresh5 digital dream cost money to build, if AA can dump 2 billions into building this new start up for finance maybe they have some chance to be fintech heavy hitter.

but during this process AA are going to be burning money, there is no chance AA can do this with the dire financial situation they are in.

looks like a lot of people here dreaming about instant profit when a company diversify into fintech and ecommerce. these market have established players with deep pocket and new comer need to spend alot of money to build the technology platform and aquire market share.

AA is in no position to compete as they desperately need to conserve cash to survive.

Complete nonsense, AA IT currently cannot even support their ticket system from crashing whenever there are high load.

AA will need to hire alot of very highly paid expert to build the superapp. data scientist and blockhain developer are never cheap.

The platform also need to rebuild at great cost

Superapp worth billion would just appear when you said so? AA got all billions of USD to hire all the expert and build up the platform to Blockchain and AI?

And billions more to aquire customer for the platform. AA is in desperation to conserve cash. How can it burn cash to build a superapp?

Even if AA can put one billion into this project it is more likely than not that a tech startup will fail. What will AA do if this costly project fail?

AA saying they want to make a superapp is like i said i want to date Gal Gadot. AA is a company that are desperate to preserve cash while building a superapp is cash burning operation, Grab have USD $10 billion funding, the newer Gojek have USD $5 billion

all this talk of becoming a tech company is non sense, AA is not a tech startup and will they are not getting the funding required to be a tech startup

https://www.youtube.com/watch?v=H_akzwzghWQ

How COVID-19 Broke the Airline Pricing Model

E-commerce are a very tough business, many established players with deep pocket and brand awareness. AA need conserve cash now not burning more to establish a e-commerce platform

AA going to up to RM 5 in two years? No chance in two years time AA maybe able to get back to 80% pre covid level of traffic. The company are not going to take delivery of new jet for two years, so no expansion in their business. All the while they will be face with higher debt burden as they add 2 billions of debt to the balance sheet. Vaccine would take many months to manufacture and distribute after being approved. May take more one year to vaccinate most of the world.

Meanwhile the market for air travel had changed, maybe permanently. Business travel may never go back to previous level. And leisure travel are affected by prolonged economic downturn

AirAsia X to remain in hibernation mode

“AAX is in active engagement with its business partners to reschedule payments and reduce costs as well as to renegotiate terms of contracts to ...

share price will be in hibernation mode also

Sinapharm said their vaccine won't be more than 1000 yuan for two dose. That is extremely expensive price. The astrazeneca vaccine is USD 4 per dose

so AA need another 1 - 1,5 billion to survive 2021. how would this 2 - 2.5 billion extra debt load affect the future growth potential?

Even if AA can moth ball all the operation and layoff all the staff, they still need to pay the plane lease and other fixed cast like parking and fuel hedge contract

Bank have confident they can liquidate the company and recover the 1 billion, getting this loan is desperation for AA, increasing debt burden while income collapsed. Company usually take loan to expand business not to preserve a shrinking business

Small fish here so easy to be trap by sharks. Always chase high

The situation for aviation is too expose to a spike in new cases in a major market. Like the recent event in Spain

US reduce but world wide case keep increasing, in Asia it going back up in places that have low cases. There no end in sight yet

What asset to sell? The planes already sold to pay dividends

Long haul budget airlines business model already are shaky during the best of time for aviation，with covid it have zero chance to be profitable for years