AAX is not only long haul for people but also for cargo... With China opening up, cargo business can run again in full swing... Expecting more income baby... Next quarter will be more profitable... Huat huat...
Someone said Tony going to inject CapitalA aviation with multi-billions in liabilities into AAX on all share deal of multibillion AAX share to CapitalA. CapitalA will then out of PN17 because all the multibillion liabilities is with AAX. CapitalA will then distribute the AAX share to CapitalA shareholders.
AAX will then need another capital reduction, share consolidation and debts restructure to get out of PN17.
Capital A regularisaton plan_summary by kenanga investment
The key takeaways from the analysts briefing yesterday are as follows:
1. The group plans to announce the details of its PN17 regularisation plan by mid-April 2023 with completion expected by end-3Q 2023. We gathered that the group plans to divest its aviation group to AirAsia X in exchange of shares for subsequent distribution to its shareholders.
can sifu here, help to explain, what will happens to AAX shares, if the divestment really takes place? CapitalA shares UP? AAX waterfall?
7chewe,frm the share price performance you can get the picture.Injection of airasia into aax minus the debts.Another magical move frm TF.Why kill a golden goose while it can lay eggs? Only ppl like sslee believe otherwise,being an engineer knowing nothing of corporate manoeuvres.
Sslee,use ur imagination,this is too simple ady.Meanwhile use time to study business finance 101 before simply shooting frm hip.Just a tip.What did umw did to umwog many yrs ago?
CapitalA current quarter end 31th Dec 2023 lease liabilities: 22. Lease liabilities The lease liabilities amounting to RM15.0 billion includes deferred aircraft leases of approximately RM2.4 billion. The lease liabilities are supported by ROU assets of RM10.2 billion and finance lease receivables of RM0.4 billion. The Group had completed the restructuring of a total of 133 aircraft leases up to the date of this report including the waiver of lease rentals in arrears, as well as reducing future lease rates with a corresponding longer lease term, where necessary, and return of aircraft.
Discussing the outlook for the Company, AirAsia X CEO Benyamin Ismail said: “For the year 2023, the Company expects to relaunch more of its profitable destinations and looks forward to the return to China with the announcement of the reopening of the country’s border in January 2023, in addition to our planned inaugural flight to Turkey this year. Most recently in February 2023, we resumed services to Busan, South Korea, and have added more flights to the existing routes in our network
RASK up, CASK down Passengers carried grew significantly quarter on quarter, from 79.557 to 337.638. That had a positive effect on revenues per available seat kilometer (RASK), which improved from RM 17.62 to RM 19.96, while costs per available seat kilometer (CASK) excluding fuel went down from RM 6.95 to RM 1.42. AirAsia X resumed services to Australia (Perth, Melbourne, Sydney), New Zealand (Auckland), Japan (Tokyo Haneda and Sapporo), Taiwan (Taipei), Saudi Arabia (Jeddah), and Indonesia (Bali) in the final quarter of 2022, growing the network to fourteen destinations.
AirAsia X has high hopes for the reopening of China, although bookings are currently below expectations. It recently resumed services to South Korea (Busan) and will launch flights to Turkey later this year. Istanbul was already announced as a new destination in June last year.
capitala debts belong to capitala,not airasia......they can separate aviation bz frm its debts.....they only need sholders approval n regulartory approval,in the event they dont get sholders approval,aax will still laugh of the way to bank,small matter if no injection,aax is healthy as an ox now.
thanks for supporting AAX now dont cry on cap A on aax .... nobody cares ! even at cap A we are loving the results , another round of free cash flow for my boss TONY !
Sslee thats why TF wants to inject airasia into aax.Once you have a cash cow printing money,miracles can happen to the others.If you check global air travel demand forecasts,you will hv a better idea.
If airasia aviation assets are pledged to creditors n they dont approve also no problems.If aax creditors can waive rm33 bil debts,i cant see why airasia creditors will disapprove given rosy air travel demands now compared to early 2022.
The problem is with Tony wait to late to do debts restructure on CapitalA. Now with rosy air travel demand every creditors of CapitalA will demand their money back in full or else they will take back their planes and lease to some other airlines.
That a very brilliant idea i3lurker: AAX will takeover CapitalA aviation business and its net liabilities of RM 9.5 billion at RM10 Billion by issuing RM 10 billion AAX share to CapitalA. AAX Goodwill will show RM10 Billion as Goodwill. Hence both AAX and CapitalA net liabilities will now became net assets. PN17 problems solved, a win win for both AAX and CapitalA.
sslee you wanna takeover my menu rahmah nasi lemak business for RM10 Billion I am unwilling to part with it too but must sacrifice for the greater good of my wallet. Likely will take a 100,000 years to issue any dividends, if at all.
Even rupiah or rupee also can consider....besides RM
sslee any airlines business is only meant for passion people who loves to lose money. airlines have never been an investable business coz it takes a lot of management time to buy and sell at right time.
You can always get better returns from call options gambling versus airlines gambling.
sslee you wanna takeover my menu rahmah nasi lemak business for RM10 Billion I am unwilling to part with it too but must sacrifice for the greater good of my wallet. Likely will take a 100,000 years to issue any dividends, if at all.
Even rupiah or rupee also can consider....besides RM
I3lurker please read the payment terms. I can only print AAX and pay you in this electronic AAX share certificate.
Here is another. They just enjoy it. ------------- i3lurker
12,461 posts
Posted by i3lurker > 1 week ago | Report Abuse
menu ramah RM5.00 for rice meat and vege thats the Rakyat standard now even Gobermen bankrupt no money for general hospital, cheaper for Rakyat to die.
I3lurker You be careful coz both Stony, StarOf TheBull, klee and etc refused to sign as Guarantor for CapA loans so CapA cannot get any Bank Loans. Likely they will look for ReplaceBody aka ThaiSun so might catch you and force you to PG for CapA loans
note PG can stand for Personal Guarantee and also Plead Guilty besides many others like PlayGuli inside pocket of jeans
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....
ChoCho
345 posts
Posted by ChoCho > 2023-03-10 20:51 | Report Abuse
next resistance at 1.6 range.