Posted by Noran Yaakub > 2012-07-26 09:57 | Report Abuse

Hope Air Asia counter will fly higher!

Posted by gark > 2012-07-26 10:03 | Report Abuse

Batavia air is a very lousy investment... frequent crashes, bad service & old 1980's 737 plane. Anyway airasia has a big presence in Indonesia so actually no need to buy Batavia air. Suspect is to bail out crony company so Airasia Indonesia can list.

Posted by sheridansulik > 2012-07-26 10:05 | Report Abuse

in-line with the setting up of AirAsia ASEAN unit based in Jakarta!...

if you understand their business model, AirAsia is actually smart and making more money than you could ever thought off.. And the best part, 3.75 today is wayyy below their NTA and PE rating.. real value is about range of 4.50-5 plus.. and why today's price is not as their real value is the loans for their biggest order fleet with Airbus! but then again Airbus could not deliver on time, and compensation given to AA..just think about it.. the Jewel in the skies is flying low for grabs..

Posted by sheridansulik > 2012-07-26 10:07 | Report Abuse

not a bail out, but buying the flying rights.. AirAsia wouldnt want to operate with Boeing fleets. look the overall and the underlining reasons.. :)

Posted by Noran Yaakub > 2012-07-26 10:26 | Report Abuse

I agree with sheridansulik. Look at the whole picture, not just part of it.

Posted by salikon > 2012-07-26 10:45 | Report Abuse

When listed aa indon...