when new aeroplane delivery to AA , they need to expand more in order to keep new aeroplane busy with high utilization rate.
this is how AA making profit.

However , if you look at AA lastest quarter report
their largest market - Malaysia already stop growth and this is GST year , people spending are more strict

AA fans can only hope thailand and india's strong growth for AA to sustain sufficient growth for their group and new fleet.

http://centreforaviation.com/analysis/nokscoot-and-thai-airasia-x-set-back-by-new-icao-driven-restrictions-from-japan-and-south-korea-218684

TAAX impact from Korea and Japan ICAO restriction.
AAX get deeper impact from the restriction and since new aeroplane delivery are coming in
they have no choice but restart London & Hawaii route.

For me , it is a gambling now.

they failed at London & Paris & Maldive

Now London & Hawaii again

turn back again
feel like shark is playing around

still steadily going downward
if the trend still continue , many of retail investor will be panic

MAS changed CEO
if they Axed 6000 worker and come out new business plan
you think they will still the yesterday's MAS ?

Airasia making profit because of malaysia market which lack of competition.
how is their financial result at oversea market which full of competition ?

If MAS make a return to crown , AAX will expose to huge uncertainty.
People just don't really like budget air for long haul , at least until this moment they failed to proof that this is a success business plan

how many ASEAN able to holiday at Hawaii ?
Maldive also proven failed

What they are thinking actually.

steadily go downward.

It this trend is not stop within month , many retail investor will lost confidence and bring the share price to even lower.
Next quarter report is crucial to gain back trust from investor
but personally doesn't optimistic to it.
High dollar exchange rate and high price of Fuel Hedge.

AAX fly to Hawaii ? Now attempt on Hawaii market ?
I thought Maldive market already vaporized due to yield issue ?

Is Maldive much more expensive than Hawaii for island travel ?
Hmm..... interesting

VLCC already come in Pengarang .
Once the cake getting larger and turn pengerang and tanjung piai into regional petroleum hub
Then only we start regret

http://www.theedgemarkets.com/my/article/dialog-welcomes-first-vlcc-berthing-pengerang-independent-terminals

TAAX possible flight ban won't affect AAX ?
Who is share holder of TAAX ?

Moi , ringgit only raise when oil price raise

it is a 2 blade knife , either size will hurt airasia
and actually ringgit already raise a bit after petroleum price hike as Yamen civil

by your logic , will airasia benefit from fuel price hike as well ?

they spoke the truth that many speculator tried to blind the public.
AA & AAX fuel hedge make their group in disadvantage position and couldn't benefit from crude price drop compare to other airline.

They gave investor an impression that they are lowest cost among the region
but how true it is for time like now.

from maybank research

AAX’s 1Q15 outlook is grim. The yield environment remains weak with rock-bottom fares advertised by Malaysian Airlines (MAS) and other regional airlines. The fact that AAX hedges 50% of its 1Q15 fuel requirement at USD98/bbl puts it at a disadvantage against its main competitors (MAS and Malindo Air) which purchases fuel on the spot market with fuel price hovering at USDxx/bbl now.

localmotive : deal between MAS & Brahim
Food's quality and portion have to maintain even after 25% discount as MAS already overpay Brahim with initial price.

Wonder when they will seal the new deal.

Benalec's revenue is inconsistent as they reclaim land for sale but not every quarter having transaction.

They need to get a large project & Buyer in order to ensure short & mid term constant income.

If wanna hold and play long term & if wanna play with crude oil price and etc
better buy O&G company now since fuel already touched the low point.

AAX didn't benefit from crude oil price drop
But O&G company will bounce back fast if Crude Oil Price hike

For 1 to 3 year term , who is better and who have higher potential to hike ?

Base on what for TP RM1.7 ?

Don't catch a falling knife

Will FITCH review maalaysia rating ?
If Fitch really review our rating , all share will go down further

the next thing need to be careful is the possible review of malaysia rating by FITCH.

It is not AAX fault but it will follow entire market down if FITCH really take action.

Will Airline need to pay GST for Jet Kerosine ?
If increase 6% GST and it is a burden for airline since their profit margin already low.

Malaysia incredible government is confusing everyone and until now public still not clear what is the thing that need to pay GST.

1MYSOT fund from 1MDB ?

David , as we know MAS is premium airline
but who is the major competitor of AA ?

when all speculator leave....

this share wouldn't break through after few good news.
someone pressuring on the price ?

Airasia cancelled their fuel surcharge while 50% of their fuel usage still hedge at middle high range.

Maybe management forecast air fare will keep going upward while MAS rationalization
but Fly Mojo just gave another uncertainty.

alphajack , please check Airasia 4th quarter report of 2014.
It wrote that whole year 1st to 4th quarter of 2015 , 50% of Fuel Hedged at average USD 88.

http://www.airasia.com/docs/common-docs/investor-relations/aa_4q14_analyst_presentation.pdf

from the quarter report , it didn't mention about FOREX hedge at all thus we should assume there are no activity or planning on it.
Now ppl looking for raise of USD if FED increase interest rate.


rlch , you may check how many flight AA depart or fly to Kota Kinabalu
Then you know how much impact from Flymojo to AA at KK market if they really start.

Airasia providing 13x daily flight KL to Kota Kinabalu and they have the biggest chunk.
Maybe Flymojo might intensify the competition again after Malindo route rationalization.

there are no support now.

New airline - Fly Mojo entering Malaysia market soon
Maybe new price war going to start soon.

http://www.theedgemarkets.com/my/article/newest-airline-flymojo-buy-bombardiers-cs100-planes

haha....
lack of player in scene

how many % of share Wellington owned at AA ?

Okay
Thanks for sharing.

So Brahim - MAS new contract sealed ?
or 25% discount continuous until new contract seal ?

MAS pricing is aggressive during MATTA Fair period
I bought thailand 2 way from MAS only RM430 (June School Holiday period)

starting step up slowly ?

their revenue and business already get back to track

now losses on forex and fuel hedge is killing the company
. they need proper consultant from world
class bank to do it right .

sometime cheap doesn't work when u need profession

hard to explains to forumer
they thought crude oil price drop
will benefit AAX

but it goes the other way as 50% of their fuel hedge at USD 88 for entire 2015
2014 - 4th quarter alr got headshot , they want it again

and not much ppl aware about the problem of FOREX
AA group aircraft bought at USD and loan at USD
they hv to pay lot extra since most
of their ticket sold at ASEAN currency

don't forget while crude oil was down

Airasia still hv hedge contract for 80 dollar per barrel
and ringgit might go down further .

this is the reason TF gave to public for their losses last quarter
we should aware

94m is penalty or the bill from bra him to MAS ?
This 94m need to deduct 25% as well for bill discount ?

Wonder if brahim dare to stop the supply to mas
Supplier may find easily from market , but customer are hard to acquire

news from orientaldaily

Negotiation between Benalec and 1MYSOT reached final phase

if management dont act fast
how long Brahim can survive with MAS' 25% bill discount ?

Public have a concern that how we identify Airasia X as a Ferrari ?

A Ferrari without fuel and car loan repayment will only have 2 destiny.
Stop and abandon at road side or tow by bank.

Airasia X need to proof for investor that their business model are profitability
but not throw excuses to investor.
Fuel price high put the blame of petroleum , fuel price low blame FOREX
Investor not sure if fuel and forex low , will they blame consumer hard to accept small seat space for flight more than 4 hour.

sry , it is Tanjung Piai

they gathering fund for Pengarang ?

http://www.cnbc.com/id/102482580#.

for those who haven't pull-out and wait for wellington.

better try other counter rather than keep holding this share.
5 quarter drop and there are no reason it able to stop within next few quarter.
At least until this moment we haven't saw any major restructure or business model realignment.

Fuel price already touched bottom and the only possible is raise but not going down.
USD is still raising and please be remember that FED haven't announce to raise interest yet.
If FED raise interest , USD will rise further.

How much airasia's loan and debt ?
Mostly are USD as they bought aircraft.

TF stopped to bring in new aircraft because the know how serious impact of FOREX hit to his company.
The hit maybe haven't finished yet.

any news from china strategic oil reserve ?
they suppose to increase their storage since price is low

Uniqlo & H&M's expansion really impact Padini.

I just bought a male Long Sleeve Casual Shirt from Padini with RM39.
god damn RM39, how much they can earn from that ?

Fuel price start raising.
Not sure it is short term or bounce back.

Maybe Airasia won't able to enjoy much from the fuel price drop due to hedging activity.