airasia and aax will gain more markets shares starting now as malaysia airlines starting to increase their air tickets price.. Tony Fernandes was right about the price war between mas and airasia X ... Mas cant operate same as budget airlines as their cost is high ... thats is the main reason Mas keep losing money just to compete with airasia..... its time for airasia and aax to fly now
Super good news for airasia and aax ...as for mas.. it will recover slowly ..and need to end the price war and get higher margin for their ticket sales as their operating cost is high,,its a win win situation for both airlines...hopefully i wish both airlines will operates well and create more jobs and bring in more tourists to boost the economy
LONG-haul budget carrier Thai AirAsia X has targeted revenue of around Bt15 billion this year, up from around Bt9.5 billion last year, chief executive officer Nadda Buranasiri said yesterday.
It expects to carry 3 million passengers this year, up from around 2 million last year.
The carrier will boost the number of its aircraft to 14 this year, up from 9 last year.
Thai AirAsia X has affirmed its extensive coverage of Japan by adding a four-times a week direct service from Bangkok’s Don Mueang airport to Fukuoka, the gateway of Kyushu.
Thai AirAsia X adds another connection to China with direct flights between Bangkok Don Mueang and Shenyang, Northwest China’s center of trade and transport, flying twice per week (Tuesdays and Thursdays) starting 25 June.
Nadda Buranasiri, CEO of AirAsia X Group and Thai AirAsia X, said Thai AirAsia X is ready to build an ever-expanding network of destinations in China as it is a high potential market, inviting travelers to experience the country in a new perspective.
The additional route is also to draw Chinese travelers to Thailand with Bangkok to Shenyang becoming the airline’s third route to China after Shanghai and Tianjin.
Thai AirAsia X flights to China have a Load Factor average of 90 percent and have steadily grown due to the airline’s continual additions and AirAsia’s extensive network throughout the country.
Does AAX going to merge with AirAsia? I just back from Australia by AAX and noticed thatsome of the A330 has repaint the flight from AAX to AirAsia no more X appear and the announcement last time they were mentioned Airasia X but now they only mention AirAsia...
Today KLCI closed at 1624 with 15pts down. The lowest since the last 3 years. Many counters suffer set backs. Despite this set back, AAX still maintain at 0.23.
Well done everyone.
We need good news to excite everyone to come back and invest. Hopefully AAX/AA can play a role to make Malaysia Great Again. I'm planning to use this opportunity to buy more AA shares.
I hope AAX will soon proof us right that we have invested in the right counter but for so many years the shares performance that we are getting till now is really disappointing
Airlines are cynical and are prone to Oil prices. This we need to understand. My advice is to hedge your investments with the O&G counters since Brent has crossed USD 70.
I re-enter KLSE in early June just after GE14 when KLCI index was at 1721 points. As of March 29, the FBM KLCI close to 1,641. So, my engagement with KLSE is about 9 months. During this period the KLCI is down about 4.6 %. However, the total margins for all the XX Companies under Mabel Inc (covering all sectors that are affecting people’s life’s) is double digit despite under bearish market condition. Hence, it’s a good indicator that I’m doing the right thing by outperforming the KLCI benchmark index.
My advice is don't put everything under one basket. I still have faith in this counter. What TF need is time. So I'm giving him time... Let's see if he can deliver what he promised..
Have a great week everyone!
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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....
Flyinghorse
3,702 posts
Posted by Flyinghorse > 2019-03-14 08:14 | Report Abuse
Fresh day. Hopes today can up above 0.270