2 people like this.
2 comment(s). Last comment by New2Invest2016 2019-02-22 18:40
Posted by New2Invest2016 > 2019-02-22 18:40 | Report Abuse
@newbie8080, yes and agree with your comment above.
No result.
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CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
newbie8080
2,766 posts
Posted by newbie8080 > 2019-02-22 16:42 | Report Abuse
The total net gain from the disposal cannot be awarded fully to shareholders as dividend.
As they disposed off, so are their ownership of the planes.
Airasia will need cash to lease back the planes every year.
1 plane rental cost approximately RM13 mil a year.
Currently, Airasia has more than 200 planes.
That's about RM2.6 billion of rental payment per year.