Posted by human > 4 weeks ago | Report Abuse

"The deal will increase NOSH from 447.07 million into 3,639.72 million. Total borrowings, debentures and lease liabilities will be RM 24,492.69 million (gearing ratio of 42.60 times) upon completion of the Proposed Acquisitions."
This is taking text out of context.
AAX now has about 18 plane, post proposal about 236, 13 times more plane.
Corporate that afraid to expand and growth has no value.

Posted by Sslee > 4 weeks ago | Report Abuse

Neither capA or AAX have any planes. All the AA planes were lease from lessors.

And if you do not pay the lease due the lessors have the rights to pull out their planes and lease it to any LCC that ready to lease their planes

Posted by Balian de Ibelin > 4 weeks ago | Report Abuse

nothing wrong if they agreed to fly together die together

Posted by alenac > 4 hours ago | Report Abuse

Yes, transferring Air Asia's billion-dollar debts to Air Asia X is suicidal for the company just to rescue Air Asia. AAX minority shareholders will be caught with their pants down and a huge volume of shares created to resolve AA solvency problem.

Posted by human > 4 weeks ago | Report Abuse

sslee again taking text out of context.
Since when airline pay cash owning plane? Who do business like that? Even taxi company take loan for their car.

Posted by Sslee > 4 weeks ago | Report Abuse

All AA's planes owned by lessors and even total of 362 aircraft in orderbook to be delivered in the next 12 years, 73 aircraft have already been secured financing through Sales and Leaseback (SLB) arrangements with several lessors.

Posted by human > 4 weeks ago | Report Abuse

so is this a problem? When did Telco companies own telecom towers, own telecom equipments? Even telcos that suppose cash rich also use leasing instead of all capex.
this is not the 70s that company must own assets to expand business. There are various financing model to growth company.

Posted by Mikecyc > 4 weeks ago | Report Abuse

Haha see Lease Liabilities n Right of used Assets lo … still twisting here n there … like during Promoting Wayang Hengyuan with crack spread.🤣

Posted by Mikecyc > 4 weeks ago | Report Abuse

Haha interesting, koni3lirker aka Bariaa whom always behind konleee promoted SCIB even the Major is on Force Sell … since Capital A regularisation plan is extended until end December 2024 n the 2 matee promoted SCIB until early 2025 :

Let’s see by end December 2024 :

1.) Capital A is successfully submitted the Regularisation Plan ?

2.) SCIB is achieved the TP RM 2.00 ( by leee ) or 600 % profit ( ard RM 2.60 by koni3lirker )…

Promoted so desperately until saying if not achieved will learn to wwoofff wow 🤩🤣😂😅

Posted by Mikecyc > 4 weeks ago | Report Abuse

Haha r u started to sounds that ..🤣


Posted by Balian de Ibelin > 18 minutes ago | Report Abuse

nothing wrong if they agreed to fly together die together

Posted by Balian de Ibelin > 4 weeks ago | Report Abuse

SCIB is meant for mike🐀 to copy buy

every time just copy buy copy buy and you will copy die🤣

Posted by paulthesotong > 4 weeks ago | Report Abuse

FYI

https://www.mondaq.com/aviation/1531928/legal-aspects-issues-of-aircraft-lease-agreements-in-malaysia

Posted by Mikecyc > 4 weeks ago | Report Abuse

Haha why promoted so desperately until saying if not made 600 % profit by early 2025 , will become wwooofff ? 🤣🤣🤣

—

Posted by Balian de Ibelin > 10 minutes ago | Report Abuse

SCIB is meant for mike🐀 to copy buy

every time just copy buy copy buy and you will copy die🤣

Posted by Mikecyc > 4 weeks ago | Report Abuse

Haha the 2 promoted SCIB with TP RM 2.00 to RM 2.60 even the Major is on Force Sell by July 2024 …

Posted by Mikecyc > 4 weeks ago | Report Abuse

东尼:合并后更灵活 亚航长途机票可降价
2024年10月15日


（吉隆坡15日讯）亚洲航空（AirAsia）联合创办人东尼费南德斯认为，亚航在重组整合后将拥有更大营运弹性，提升成本效率，届时有望将长程航线的机票显著降价。


东尼在接受《南洋商报》独家专访时指出，若专注短程航线的亚航和专营长途航班的亚航长程（AAX，5238，主板消费股）顺利合并，这家扩大后的新亚航集团，将在营运上拥有更大灵活性，如用营运成本更低、周转频率更高的窄体飞机来执行中长程航线。


“窄体飞机的成本，比宽体飞机的至少可减少50%，这意味着，我们可以提供明显更低廉的机票价格，进而增强我们的市场竞争力。”

他补充，在完成合并后，亚航将是世上首家利用窄体客机来营运长途航线的航空公司。

“若像目前的分开营运，亚航长程无法做到这点。”


东尼亦称，窄体飞机在降落后至重新起飞的所需时间，可以不到半小时，而宽体飞机至少需要1个小时以上，因此，窄体飞机将可提高亚航中长途航线的频率，创造更多收入。

根据东尼，在现有安排下，亚航负责4小时以下的航线，亚航长程则是营运更长的行程。

另外，东尼指出，新亚航也将会设立更多中长途次级航线，并用窄体飞机来营运相关航班。

“举个例子，我们飞往中国的20个地点，但这些中长途航班都从吉隆坡出发，而在合并后，我们可以从巴厘岛、新加坡等全部原有亚航目的地出发，用窄体飞机运载相关地点的乘客到中国。

东尼亦称，新亚航并不需要作出新的投资，毕竟这些次级航线的起点和终点，都是亚航或亚航长程原有的目的地。

关于乘客舒适度，东尼表示，窄体客机和宽体飞机的座位面积和格式其实没有差别，只是宽体飞机的座位数量更多，因此，用窄体客机营运长途航线，舒适度不会有差。
“我近期就坐经济舱座位，飞去上海，没有问题。

东尼期望，可在周三（16日）获得亚航长程股东的批准，并在今年12月完成合并，让新亚航在马股上市。

Posted by Sslee > 4 weeks ago | Report Abuse

Did someone know that once upon a time AA run a very succesful lease company?

It would not be unreasonable to say that by 2016, the leasing business has grown to be their second largest revenue and largest profit contributor.

Without it, the Airasia Group would be lossmaking.

Externally, this also caused huge headaches with accusations by GMT Research that Airasia was only profitable due to the leasing of these planes resulting in profit transfers from unprofitable regional Joint Ventures and AAX to the group holding.

Internally, i’m sure the other joint venture or associate partners did not feel comfortable about this as well, as it could be seen as Airasia Berhad milking the associates for all its worth.

This culminated in the sale of the planes and the leasing business

Posted by Sslee > 4 weeks ago | Report Abuse

The damning details in the GMT report include the fact that over the past six years, AirAsia had inflated profits by some RM1.1 billion, which it obtained through leasing (RM603 million) and selling aircraft (RM466 million) to its associates — though analysts say the report’s data are nothing new.

Posted by paulthesotong > 4 weeks ago | Report Abuse

Once a upon a time...

https://theedgemalaysia.com/article/action-sought-against-gmt-research

Posted by paulthesotong > 4 weeks ago | Report Abuse

https://themalaysianreserve.com/2017/03/31/someone-stole-our-airasia-report-says-gmt-research/#google_vignette

Posted by Mikecyc > 4 weeks ago | Report Abuse

Haha you means no more acted as 2nd Lessor in aviation… is win win situation for relevant parties .

And since Cap A had enriched its business … 13 % Revenue is not from Aviation.

—-

Posted by Sslee > 47 minutes ago | Report Abuse

Did someone know that once upon a time AA run a very succesful lease company?

Posted by paulthesotong > 4 weeks ago | Report Abuse

At KLIA1 n 2 and long boarding line For AA means = more revenue.

https://www.freemalaysiatoday.com/category/business/2024/10/17/mahb-records-36mil-passenger-movements-in-q3-up-10-6/

Posted by Sslee > 4 weeks ago | Report Abuse

AAX was never able to make money because of high lease payment to AA lease company. So are PAA, TAA and IAA.

Hence the AAX debt restructure (0.1 sen for every ringgit owed) capital reduction and share consolidation 10 to 1 and PP.

Posted by abidinaa > 4 weeks ago | Report Abuse

There is one trick up Tony's sleeve that no average Tom, Dick and Harry knew. Including SotSotLanc. AAX is leasing planes from Capital A. Hahaha. So you see. It's right pocket and left pocket. That's why we call Tony the greatest magician ever to walk on earth. Hahaha.

Posted by kl_guy > 4 weeks ago | Report Abuse

i agree . Tony really know how to flip from right to left and left to right. First AAX sell air plane to Cap A , then lease back . Now take over Cap A and all debt.
As long business is running with revenue coming in , magic Show still go.
Goreng goreng AAX .

Posted by Sslee > 4 weeks ago | Report Abuse

STony now do not have any planes to flip all AA's planes are lease planes.
Lessors are now squezzing Stony' ball to pay every sens owed and due + interest.

Not enough cashflow to pay lease and Stony has to come up with innovative revenue bonds

The revenue bonds comprised US$243 million in Tranche A Bonds and US$200 million in Tranche B Bonds.

The Tranche A Bonds were issued to a group of six leading aircraft lessors to refinance outstanding lease liabilities owing as a result of the Covid-19 pandemic, whilst the new capital received from the issuance of the Tranche B Bonds to the private credit funds will be used to finance the return to service of certain aircraft which have remained grounded since the pandemic.

Posted by Sslee > 4 weeks ago | Report Abuse

Total of 362 aircraft in orderbook to be delivered in the next 12 years, 73 aircraft have already been secured financing through Sales and Leaseback (SLB) arrangements with several lessors.

Is Stony flip planes in orderbook to lessors and lease back the planes from lessors?

Will Stony then flip lease planes and lease it to AAV, IAA, PAA and AAX at a mark up lease price?

Posted by Sslee > 4 weeks ago | Report Abuse

Once the billion of AAX shares in circulation what do you think the price of AAX will be then?

The deal will increase AAX NOSH from 447.07 million into 3,639.72 million. Total borrowings, debentures and lease liabilities will be RM 24,492.69 million (gearing ratio of 42.60 times) upon completion of the Proposed Acquisitions.

Posted by Mikecyc > 4 weeks ago | Report Abuse

Haha Let’s see by end December 2024 :

1.) Capital A is successfully submitted the Regularisation Plan ?

2.) SCIB is achieved the TP RM 2.00 ( by leee ) or 600 % profit ( ard RM 2.60 by koni3lirker )…

Promoted so desperately until saying if not achieved will learn to wwoofff wow 🤩🤣😂😅

Posted by Sslee > 4 weeks ago | Report Abuse

Aiyoyo Mike-tikus since when did I promote SCIB?
I only say I will sell SCIB at RM 1.00 or in year 2025 for my free bintang beer.

Unlike you go every forum promote Jaks for more than one and a half year now and Jaks is still at RM 0.13
Still remember your word jaks 1 sen up/down how many digits gain/loss

So must work harder to promote jaks LSS5.

Posted by Mikecyc > 4 weeks ago | Report Abuse

Haha repost from Jtiasa :


Posted by Mikecyc > 39 minutes ago | Report Abuse

Haha no worries as KonLee paid Macai 🐍sawa is suspended more than me until ori id is banned , now used abusive id to post unethical threads , same as Huang , 2 aka id r banned .

A Kon is best in pretending , twisting facts n create fake facts .

Posted by mf > 4 weeks ago | Report Abuse

BREAKING
Israel says Hamas leader Yahya Sinwar killed in Gaza
Israeli Prime Minister Benjamin Netanyahu says war on Gaza 'not yet o

Posted by paulthesotong > 3 weeks ago | Report Abuse

RM500M for tourism, ,focusing on promotional activities for VM 2026 inbound tourists more revenue.

Posted by paulthesotong > 3 weeks ago | Report Abuse

Loke say Its OK..Fly to Blue Sky.

https://theedgemalaysia.com/node/730909

Posted by innocent9331 > 3 weeks ago | Report Abuse

We need Tony to reply to the AAX shareholder: After the merge between AAX and Air Asia, will the AAX IPO shareholder continue to enjoy the free flight ticket entitlement ?

Posted by ken2004 > 3 weeks ago | Report Abuse

Really? IPO time? those IPO time shareholder in massive losses as I know lol, really those people with any share buy will have free flight ticket...........

Posted by TradingFUN > 3 weeks ago | Report Abuse

Ready to fly. Looking forward to Quarterly Release with flying color by end of Nov.
My holding of 500,000 AAX and 1,000,000 Cap A has yield paper gain of 405,000

Posted by paulthesotong > 3 weeks ago | Report Abuse

SaveEarth,,,FlyClean..

https://www.businesstoday.com.my/2024/10/22/apu-off-by-airasia-hailed-for-saving-cost-and-environment/

Posted by paulthesotong > 3 weeks ago | Report Abuse

Saving costs usd40 = rm168M p y!

Posted by zhen wei & JP > 3 weeks ago | Report Abuse

Buy 100unit rm2.00.

Posted by Income > 3 weeks ago | Report Abuse

See with your eyes

Posted by NorAfan > 3 weeks ago | Report Abuse

Seperti yg saya jangkakan 😊

Posted by NorAfan > 3 weeks ago | Report Abuse

Percaya AAX akan memecah Rm2 dlm bulan ini

Posted by innocent9331 > 3 weeks ago | Report Abuse

Please request Tony & Kamaruddin to answer whether the AAX IPO will have the free ticket entitlement ?

Posted by innocent9331 > 3 weeks ago | Report Abuse

Lured the investor to acquire the AAX IPO, in fact the AAX is making loss every year, and Tony tell everyone the AAX are the most undervalue stock in the world, but the value drop from RM 1.25 on IPO (Before consolidation) to RM 0.19 based on the current value (Post consolidation), shame on you Tony & Kamaruddin

Posted by paulthesotong > 2 weeks ago | Report Abuse

Out of the Storm..

https://newsroom.airasia.com/news/capital-a-third-quarter-2024-operating-results

Posted by TheGardener > 2 weeks ago | Report Abuse

AAX IPO holder free ticket!? Hahahahahahahahahaha!!! 101% is history!!! 101% Free Holland ticket is "YES"!!!

Posted by NorAfan > 1 week ago | Report Abuse

Bilakah AAX akan mengambil alih perniagaan penerbangan daripada Capital A?

Posted by innocent9331 > 4 days ago | Report Abuse

Tony lured the investor to acquire IPO AAX the share price dropped from IPO RM 1.25 to penny and consolidated 10:1, and scrapped the AAX IPO shareholder benefit, Tony where is my free ticket, the company and MACC should investigate the kickback related to the Airbus ?

Posted by abidinaa > 3 days ago | Report Abuse

Main Event!
Airasia vs MAS
A 320 vs 737
Toney vs Anthonie Locked.
Place your bet ladies n gentlemen.

Posted by abidinaa > 3 days ago | Report Abuse

For innocent traders. Learn from Sifu first. Don't buta buta place your unless of course you have bottomless pockets.

Posted by Good123 > 23 hours ago | Report Abuse

**Tune Protect** is likely to remain an integral part of **AirAsia** due to several key reasons:

1. **Synergy with Core Business**: As AirAsia focuses on travel, Tune Protect complements this by offering insurance tailored to travelers, creating a seamless customer experience and additional revenue through cross-selling.

2. **Digital Ecosystem**: Tune Protect fits within AirAsia’s broader digital transformation, enhancing its financial services portfolio and supporting its digital superapp strategy.

3. **Revenue Diversification**: Insurance provides a stable, recurring revenue stream, helping AirAsia reduce reliance on the volatile airline business.

4. **Customer Loyalty**: Offering trusted, convenient insurance products strengthens AirAsia’s brand and customer loyalty.

5. **Regulatory and Market Demand**: Insurance meets market expectations and regulatory requirements in many regions, especially for travel-related coverage.

Given these factors, Tune Protect is aligned with AirAsia’s long-term strategy of expanding beyond airlines into digital services, making it a valuable asset for the future.

Posted by Vista99 > 22 hours ago | Report Abuse

Innocent traders must study themselves and do some home works too