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2021-04-30 16:55 | Report Abuse
Hna making largest lost in history even when China domestic market recovered
2021-04-30 16:54 | Report Abuse
Hainan Airlines Holding, the aviation unit of debt-laden Chinese conglomerate HNA Group, has posted the biggest-ever annual loss among listed Chinese companies. Hit by the outbreak of Covid-19 and provisions for asset losses linked to a restructuring at its parent firm, the Haikou-based carrier reported a loss of 64 billion yuan (US$9.9 billion) for 2020, or 3.83 yuan per share, it said in an exchange statement on Friday. And the airline continues to be unprofitable this year too – it reported a first-quarter loss of 2.6 billion yuan in a separate filing.
2021-04-30 16:28 | Report Abuse
I think short covered alot today
2021-04-30 11:57 | Report Abuse
Before the pandemic, business travel had grown annually for a decade. Now, the industry is bracing itself for a lasting decline of between 10 and 25 per cent, mainly because executives are expected to travel less in the future. People have become used to video conferencing. They have also discovered they don’t need to be physically present for every meeting and they have grown to appreciate that time spent on travel can be better used elsewhere.
And, at a corporate level, the bean counters are happy with the often substantial savings being made on travel budgets. That alone is likely to change the definition of what constitutes an “essential” business trip forever. Add in the commitment by more and more organisations to a net-zero-emissions policy and the business travel market looks set for a bumpy recovery.
Spending by “road warriors” accounts for about a fifth of revenues within the overall global travel and hospitality sectors but it is lucrative business. Consulting firm McKinsey estimates that up to 75 per cent of profits for some major carriers and large city hotels are dependent on corporate users
2021-04-30 11:11 | Report Abuse
Last month I think glove are over, but this mutations in India are bad new, so I go into gloves. We cannot fight trend so must react to changing trend
2021-04-30 09:34 | Report Abuse
Glove still no action today low volume. Turbo spooling
2021-04-30 09:11 | Report Abuse
looks like big fund not come in, gloves counters all low volume
2021-04-30 08:24 | Report Abuse
invest_malaysia we don't control covid, we just observe how it is going and make the decision on where our money are safe.
2021-04-30 08:22 | Report Abuse
sammy Singapore’s health ministry reported 16 new locally transmitted coronavirus cases on Thursday, the highest number since July 11, when the country reported 24 community cases.
2021-04-30 08:21 | Report Abuse
AA thailand IPO because no choice, their Thai partner cannot find funding source
2021-04-29 20:32 | Report Abuse
covid are radiating out of India at the moment
Nepal’s capital Kathmandu and other main cities in the Himalayan nation have entered a lockdown amid a resurgence in coronavirus cases, officials said.
The lockdown will remain in place for a week, according to Kali Prasad Parajuli, chief district officer of Kathmandu
2021-04-29 19:29 | Report Abuse
Romania has reported its first case of a Covid variant first identified in India, the health ministry has confirmed.
The case was diagnosed in a 26-year-old patient who arrived in Romania about a month ago and presented light symptoms, Reuters reports.
According to the ministry, the national public health institute said the identified mutation was not the more infectious one believed to have produced the sharp rise in cases in India.
Separately, the ministry added it was monitoring an outbreak of coronavirus cases among construction workers recently arrived from India in a village in Brasov county.
Romania reported 1,850 new Covid cases on Thursday, bringing its total to 1.05m cases and 27,971 deaths.
2021-04-29 19:28 | Report Abuse
KYY is suppose to be a master in stock market, he should never fall in love or hate with any share.
2021-04-29 17:44 | Report Abuse
Airport are far away from the city not ideal for vaccination center
2021-04-29 15:58 | Report Abuse
The global caseload is nearing 150 million, according to the Johns Hopkins University tracker, with 149,206,501 cases currently confirmed and global infections rising by around 800,000 a day.
That means that about one in 50 people worldwide have contracted the coronavirus since the start of the pandemic.
2021-04-29 15:57 | Report Abuse
India reported on Thursday a record rise in coronavirus cases and deaths over the last 24 hours, with its overall caseload rising above 18 million, Reuters reports.
With 379,257 new cases and 3,645 new deaths, India’s total number of cases and deaths are now at 18.38 million and 204,832, respectively, according to health ministry data.
2021-04-29 15:57 | Report Abuse
Cambodia reported a daily record of 698 new coronavirus cases, the health ministry said in a statement issued late on Wednesday, as the country struggles to contain a wave of infections that emerged about two months ago.
The Southeast Asian nation has recorded one of the world’s smallest caseloads, but the outbreak first detected in late February has seen infections climb to 11,761, with 88 Covid-19 deaths.
Authorities have put Phnom Penh and the nearby town of Takhmau under lockdown until May 5, while all markets were shut in the capital on Saturday.
2021-04-29 15:49 | Report Abuse
cases keep rising in Malaysia, MCO 3.0 maybe coming if not stopped soon
all around Asia, every big market for AA have cases rising.
how much can the market discount this development?
2021-04-29 15:45 | Report Abuse
even if India does not buy a lot of gloves, now a lot of countries are sending gloves to India, this is pushing up gloves demand
2021-04-28 20:05 | Report Abuse
https://www.scmp.com/news/hong-kong/transport/article/3131364/cathay-pacific-offers-hong-kong-pilots-cabin-crew
Cathay Pacific is offering its Hong Kong-based pilots, cabin crew and airport staff voluntary redundancy, part of a deepening effort to cut costs as the airline warned its business was not improving.
Hong Kong’s struggling flag carrier told staff on Tuesday it foresaw “no discernible improvement” in the short to medium term, prompting the company to ask employees if they wanted to leave their jobs. The airline said it would continue to operate a skeleton passenger flight schedule for “some considerable time”.
2021-04-28 18:25 | Report Abuse
AA partner in Thailand have problem getting loan. Look to get money by ipo
2021-04-28 15:24 | Report Abuse
Pakistan records more than 200 Covid deaths in a day for the first time
Pakistan recorded more than two hundred Covid-19 deaths in a day for the first time since the start of the pandemic, as the government said it was considering stricter lockdowns.
Umar Farooq reports for Reuters from Islamabad that a total of 201 new deaths were recorded on Tuesday, bringing the country’s overall death toll from the virus to 17,530, according to the National Command Operation Center (NCOC), which oversees the government’s pandemic response. The previous highest daily death count was 157 recorded on 23 April.
Only around two million vaccinatations have been administered in Pakistan, and the country has struggled to procure supplies to cover enough of its population. Officials have said health care facilities are at risk of being overwhelmed. Pakistan has very limited health resources, with ventilators and oxygen in short supply.
Around 6,286 Covid-19 patients were being treated in 631 hospitals on Tuesday, and more than 70% of ventilators and oxygenated beds were occupied in hospitals in many major cities, according to the NCOC.
2021-04-28 14:56 | Report Abuse
All glove counters down with low volume today, rest engine for Friday
2021-04-28 10:59 | Report Abuse
Volumes so low where got panic
2021-04-27 22:05 | Report Abuse
Iran has found three suspected cases of the coronavirus variant discovered in South Africa, health minister Saeed Namaki said on Tuesday, calling it an alarm bell after a record 496 deaths from Covid-19 were recorded a day earlier.
The country is battling a fourth wave of infections and reported 462 further deaths from the virus on Tuesday.
Iran’s death toll now stands at 70,532, according to official statistics.
Namaki said:
Unfortunately we received a report about three cases of the South African virus, and we are making more checks to confirm this.
We are also checking cases of Indian visitors infected with the coronavirus and hope that they don’t carry the [Indian] mutated virus.
In any case, these alarm bells tell us that we need to increase social distancing and better follow health precautions.
On Saturday Iran barred travellers from India and neighbouring Pakistan to curb the spread of virus variants.
2021-04-27 20:57 | Report Abuse
the worst thing about the covid case increase for AA is that the increase are in Asia. where all of AA business are located.
2021-04-27 20:32 | Report Abuse
Fiji outbreak confirmed as 'Indian variant' – inter-island and international travel banned
A Covid-19 outbreak that forced Fiji’s capital into lockdown after the island nation avoided transmission for a year has been confirmed as the Indian variant, with health officials saying they feared a “tsunami” of cases.
The Pacific country had largely dodged community transmission before a cluster emerged this month centred on a quarantine facility in Nadi, the city that is home to Fiji’s international airport.
The permanent secretary for health and medical services, James Fong, said six new cases had emerged in quarantine facilities on Tuesday and events in India showed the threat posed by the strain could not be underestimated.
“We cannot let that nightmare happen in Fiji,” he said in a televised address, AFP report.
“We still have time to stop it happening but a single misstep will bring about the same Covid tsunami that our friends in India, Brazil, South Africa, the United Kingdom and the United States are enduring.”
Fiji has largely contained the virus through strict isolation measures and border controls, recording 109 cases and just two deaths in a population of 930,000.
Authorities on Tuesday banned inter-island travel, while national carrier Fiji Airways has suspended all international and domestic passenger flights.
The emergence of community transmission is a blow for Fiji’s hopes of opening quarantine-free travel bubbles with Australia and New Zealand, both major sources of international tourists before the pandemic.
Indian variant spreading
2021-04-27 20:32 | Report Abuse
Fiji outbreak confirmed as 'Indian variant' – inter-island and international travel banned
A Covid-19 outbreak that forced Fiji’s capital into lockdown after the island nation avoided transmission for a year has been confirmed as the Indian variant, with health officials saying they feared a “tsunami” of cases.
The Pacific country had largely dodged community transmission before a cluster emerged this month centred on a quarantine facility in Nadi, the city that is home to Fiji’s international airport.
The permanent secretary for health and medical services, James Fong, said six new cases had emerged in quarantine facilities on Tuesday and events in India showed the threat posed by the strain could not be underestimated.
“We cannot let that nightmare happen in Fiji,” he said in a televised address, AFP report.
“We still have time to stop it happening but a single misstep will bring about the same Covid tsunami that our friends in India, Brazil, South Africa, the United Kingdom and the United States are enduring.”
Fiji has largely contained the virus through strict isolation measures and border controls, recording 109 cases and just two deaths in a population of 930,000.
Authorities on Tuesday banned inter-island travel, while national carrier Fiji Airways has suspended all international and domestic passenger flights.
The emergence of community transmission is a blow for Fiji’s hopes of opening quarantine-free travel bubbles with Australia and New Zealand, both major sources of international tourists before the pandemic.
Indian variant are spreading
2021-04-27 17:45 | Report Abuse
So today up just because of the 10 mil court case? That is enough for three day burn rate?
2021-04-27 14:53 | Report Abuse
Even though India’s case load was down from Monday’s global record (323,144 new cases, down from 352,991) some medical experts warned it was due to reduced testing, not a reduced infection rate.
“Please note that a huge fall in daily cases … is largely due to a heavy fall in testing. This should not be taken as an indication of falling cases, rather a matter of missing out on too many positive cases!” Rijo M John, a professor and health economist at the Indian Institute of Management in the southern state of Kerala, said in a post on Twitter.
2021-04-27 14:53 | Report Abuse
Thailand on Tuesday reported 15 new coronavirus deaths, setting a new daily record for the third time in four days during a growing third wave of infections that has prompted new shutdowns in Bangkok and other areas.
The health ministry also reported 2,179 new coronavirus cases, bringing total confirmed infections to 59,687 and fatalities to 163.
Parks, gyms, cinemas and day-care centres in the capital Bangkok were ordered to shut from 26 April until 9 May.
2021-04-27 13:48 | Report Abuse
Start brand new airline is the right choice and take in the retreached AA staffs. Start from blank slate without the heavy burden of debt.
2021-04-27 12:08 | Report Abuse
Why would what happen in us and EU compensate for what happen in Asia. Asia is where all of AA business running. And all around cases are rising in Asia
2021-04-27 10:37 | Report Abuse
Kyy got so much money to move all these glove counters at once? More likely EPF
2021-04-27 10:21 | Report Abuse
Big fund press down to shake out some weak holder. Now go up again across the board
2021-04-27 08:58 | Report Abuse
The short only 3.14% maybe push to 8 not to new peak lah
2021-04-26 22:08 | Report Abuse
this PN17 company want Bank Negara to approve them banking license?
2021-04-26 20:42 | Report Abuse
Tomorrow jump plane still got time to board glove counters
2021-04-26 15:22 | Report Abuse
DickyMe who care after june, already cash out the bull rally and put back in recovery stocks that would be cheap cheap at that point.
2021-04-26 15:21 | Report Abuse
AA are going down, gloves are going up
make the right choice for your money
2021-04-26 15:19 | Report Abuse
There will not be short squeeze lah. The short amount so small. Just they will cover the short and push up the price abit
2021-04-26 15:14 | Report Abuse
big funds are moving all gloves counter up.
2021-04-26 14:08 | Report Abuse
Now spooling the turbo for 2:30 ?
2021-04-26 13:34 | Report Abuse
Top glove ready to fly, still time to board today. After June jump back AA
2021-04-26 13:22 | Report Abuse
hundred millions losses is certainty, if you holding better pray it is not > 1 billion
Stock: [TOPGLOV]: TOP GLOVE CORPORATION BHD
2021-04-30 20:02 | Report Abuse
Coronavirus tally: Global cases of COVID-19 top 150.5 million as India sets another daily case record of 386,452