Why would you think that there will be less competition? With all the plane and experience staff available in the market. New airlines can be started with cheaper cost base.

why RI at 50 cents when they can do it at 25 cents?

Currently how many route are still open for AAX and how much is the load?

only hope for this counter is a bailout,need to find sugarsaddy ASAP

sampooler how about people that chase high recently at 80-90? now left only 60 cents, double down or cut lost?

Airlines expect passenger traffic to return to pre-crisis levels in 2024

PARIS: Global airlines cut their coronavirus recovery forecast on Tuesday, saying it would take until 2024 – a year longer than previously expected – for passenger traffic to return to pre-crisis levels.

In an update on the pandemic’s crippling impact on air travel, the International Air Transport Association (IATA) cited slow virus containment in the United States and developing countries, and a weaker outlook for corporate travel.

Lingering travel barriers and new restrictions in some markets are also weighing on nearer-term prospects, according to IATA.

The association is cutting its 2020 passenger numbers forecast to a 55% decline – sharper than the 46% drop predicted in April.

“The second half of this year will see a slower recovery than we’d hoped, ” IATA chief economist Brian Pearce said.

June passenger numbers were down 86.5% year-on-year, the organisation said, after a 91% contraction in May.

A surprise move by Britain to quarantine arri

if AA collapse, new company will be setup to serve the demand, there are ample supply of planes and experienced crew in the market to make setting up the new airline cheaper than before.

The sudden reversal on Spain vacation is a warning to AA. Any route opening can suddenly be reversed.

second and third wave can flare up anytime in the major market for AA, and all the SOP and cost cutting would go down the drain as the route shutdown again.

The Oxford vaccine already have hundred of millions of dose being produced right now. Only wait for approval before distribution. The problem is such large scale vaccine program will still take months if not years to complete. No vaccination programs in history had been done in such timeframe

4 pm announce second round MCO? AA sink?

the pandemic are just accelerating around the world, soon it would break 1 million case per day, and then 10 millions per day

Even after vaccine is approved end of the year. It will take months for distribution and the first batch of vaccine likely only give a few months of immunity. Need to wait longer for the more advanced vaccine that can give long lasting immunity. During the time travel would not recover to normal. AA need to shed a lot of capacity and staffs to be profitable at this new baseline. At the same time don't be surprised if new competition emerge as it become easier for new airline to be form with so many plane and experience staff available in the market

1 bil can last for how long? how long before another billion is needed?

Fund managers going to dump all their share now. Can collect back later from ikan bills that hold a falling knife and got cut

Euro fund manager start work day, selling all the way down

Buy and that blood on the street could be your own blood

this is a company at risk of running out of money, now many more money losing months can they afford before traffic go back to even just break even level?

during lockdown period a lot of ppl open trading account and jump into the stock market, even shares are company that are in bankruptcy protection got pushed up by these small time speculator. a massive crash maybe coming with second wave of the virus

NokScoot goes out of business

Regional budget carrier says it can't recover from pandemic impact

https://www.bangkokpost.com/business/1941572/nokscoot-goes-out-of-business

budget airline in SEA started to go out of business. before you think this is good for AA as there will be less competition. it is actually easier now than ever to start a new airline with planes available to lease at cheaper rate, air crews are also easy to find. out of the ashes of these failed airline, new competition will appear with lower cost base.

180m per month include parking fee and maintenance cost? how about all the oil hedge at USD 70?

so Sapura use to be a charity organization carrying around 20% useless people?

and Revolut had $837M USD in funding in the last five years. how much AA can dump into the digital banking operation?

digital banking license mean must be profitable? look at the startup up digital bank in US and Europe, how much time and money did they put in until they are profitable? like Revolut got so much market share but still not yet profitable, indeed their losses had increased with increase revenue

EasyJet has laid out fresh cost cutting plans that will involve axing up to a third of its 15,000-strong workforce in response to the Covid-19 crisis. EasyJet said its fleet will also involve 51 fewer aircraft than expected by year-end 2021.

The move, which will impact up to 4,500 staff, is being announced just weeks before it is set to re-start some flights (primarily domestic routes in the UK and France) on 15 June.

The budget airline said it is preparing itself for a prolonged drop in bookings, citing projections by the International Air Transport Association (IATA). IATA has said levels of demand last seen in 2019 are unlikely to be reached until 2023.

why would AA getting banking license be a guarantee to make money. AA is going into fintech and ecommerce where they dont have domain knowledge and there are existing players with deep packet. trying to compete in either market will require AA to burn alot of cash for years to gain market share, all the while other new comer with deep pocket may join in and increase the competition.

Victor Yong do u understand what is big data? It is not magic. AA don't have financial data of anyone. They only have the payment data of their customer. They don't have any unique advantage going into fintech.

Fintech are not a easy field to make money. There are already too many players in it. AA don't have fintech domain knowledge can they afford to burn large amount of money to acquire talents and customers while they desperately need to preserve cash?

AA go into ecommerce, but now Facebook allow small business to turn facebook and instagram page into storefront.

Why would small business choose AA that are not good in even hosting their own website instead of FB which have the world best engineer working around the clock on supporting their infrastructure?

AA staff are trained for aviation field, the domain knowledge is completely different from ecommerce. they are paid for their aviation domain knowledge, not for novice ecoomerce knowledge. it is a waste of their skill developed through years of training and experience to suddenly change field.

ecommerce platform does not start from zero, if you have not product and service to sell, customer will not come, if you platform dont have continue to have new product and service customer will leave. existing ecommerce platform have drop millions and millions over years to develop their product catalog and logistic, taking customer from these specialist are not going to be cheap and you cannot do with with staff that are not specialist in ecommerce field.

AA are not even good at hosting their regular website, every time there is high load the site will hang. ecommerce site all have to develop a robust platform to deal with surge demand, there is zero sign that AA already had such capability.

What is good about AA position to develop e-commerce? They are a company that need to conserve cash. Start up in this field need to burn mountain of cash in the initial phase to build up the their platform, lure vendor and customer away from entrenched competition which would certainly fight back. The business would not make money for years even when it was successful in build up marketshare

AA try to replace lose business with e-commerce, but setting up a new e-commerce venture is a money pit for years and years even when economic conditions are good. AA now need to overcome multiple established competitors with well developed infrastructure and brand recognition while not able to dump huge amount of money required to be a start-up in this field

Zuliana why buy unlimited pass? so i can get unlimited quarantine?

AA just cancelled my flight in June, now i got 4 flight refund pending from AA

harold8990 AA go bankurpt, someone will buy AA assets at liquidation and resume business as a low cost airline.

the consumer need low cost airline, they dont need it to be AA

https://www.malaymail.com/news/money/2020/05/10/emirates-predicts-18-month-lull-in-air-demand

Emirates predicts 18-month lull in air demand


Emirates will certainly be supported by Dubai government to survive this 18 months crisis.

AA got sugar daddy coming in to save them?

if Naguib Sawiris buy airlines he would be buying them at liquidation or right issue

the virus shutdown had made long lasting changes to business travel, as company found remote meeting to be sufficient it make much more difficult in the future to justify business trip.

for leisure travel the demand are going to be greatly hit by the serious damage to the economy, even after it is safe to travel with everyone vaccinate. some economic sector already been permanently damaged by this crisis. with some many millions unemployed, the demand for leisure travel would take years to recover.

what is the use of brand power when there is material changes to the entire industry. Buffet sold all his airline shares because there are long lasting changes to the industry. flying are not going to return to pre crisis level for years.

if you do long term investment should learn from Buffet, he is getting out of airline business because the business are going to be affected for years not just months.

https://www.bbc.com/news/business-52462660

In a statement, IAG said: "The proposals remain subject to consultation, but it is likely that they will affect most of British Airways' employees and may result in the redundancy of up to 12,000 of them."

The company said it will take several years for air travel to return to pre-virus levels, a warning that has been echoed by airlines across the world.

MCO end in 12 May, which route can AA restart?

Domestic people would rather drive that take flight within peninsular. go to Sabah and Sarawak will need to be quarantine for 14 days. that drop tourist and business travel to zero.

International flight the busiest route is to SG. that route is closed till June

All flight to China is no go as foreigner are banned from entry and Chinese national need to go to quarantine for 14 to 28 days. and China now limited foreign airline to one flight a week at 70% capacity

Philiphinne and Indonesia cases are still on the rise, maybe until end of June only can dream of flight resume.

India also is still in rising phase.

So AA maybe able to resume flight to Thailand, Vietnam, Australia and NZ. how many flight per week do you expect AA will be allow to run and how many people will buy tickets?

Why this counter still can go up, can make money with such lower oil price?

wees123 China now 4 months later, international flight still cut to barebone, movie theather still close, gym closed again after open for a few days. Harbin under lockdown and anyone that go there need to go into 28 days quarantine.

there is no returning to business as usual anytime soon, especially for airlines. without vaccine or effective treatment.

if big money want to invest in AA, they will wait for bankruptcy or RI at much lower price.

SIA will cancel flight until end of June. AA will be the same timeline?

Indonesia shutdown air travel until end of May, Philiphine may soon be facing martial law curfew, SG also lockdown until June 1, Thailand and India are like going to extend their lockdown into May.

China not need to say, foreigner still banned from entry. Japan lockdown just started

Even flying domestic to Sarawak would need to quarantine for 14 days.

Which flight destination are going to be profitable for AA?

PUTRAJAYA: The Health Ministry has alluded that travel bans will probably remain in place even after the movement control order (MCO) is lifted.

Health director-general Datuk Dr Noor Hisham Abdullah (pic) says that border control measures introduced by the government have efficiently reduced the number of imported Covid-19 cases and should continue.

“If we look at our imported cases, we have successfully managed it with our border control. We need to tighten border control especially now, with the increasing number of cases in over 180 countries.

“Lifting the MCO does not mean we will lift border control. In fact, we need to strengthen it further, ” he said at the ministry’s daily Covid-19 press conference here.

https://www.thestar.com.my/news/nation/2020/04/24/dr-noor-hisham-hints-at-extended-travel-ban

PUTRAJAYA: The Health Ministry has alluded that travel bans will probably remain in place even after the movement control order (MCO) is lifted.

Health director-general Datuk Dr Noor Hisham Abdullah (pic) says that border control measures introduced by the government have efficiently reduced the number of imported Covid-19 cases and should continue.

“If we look at our imported cases, we have successfully managed it with our border control. We need to tighten border control especially now, with the increasing number of cases in over 180 countries.

“Lifting the MCO does not mean we will lift border control. In fact, we need to strengthen it further, ” he said at the ministry’s daily Covid-19 press conference here.

bye bye AA, entire raya peak travel season also game over, June Gawai season also in danger.

steveninvest how will AA get ride of their oil hedge at USD 60? they are losing money while oil price go down.