With aax and cap A fully functional ... we can hope to see 2x revenue for AAX and record profit , CHINA KOREA JAPAN AUS alone aax is going to conquer for the year END with fuel price regulating and low... GOOD n only BETTER
AirAsia has to Double Ticket price when oil Hit $85 or else like previously it will lose around 400-800mil every Qr----AAX is No different. Jet Fuel is main factor in aax
Last QR report , the average fuel cost is USD 116/barrel , and yet they make 112 millions of profit (after deduct the one off gain 215 millions ) , so , what is the profit they will make for the oil price of USD 85 ?? That actually is one of the reason why I believe they will make more money in this coming QR as the fuel price has gone down a lot in past few months ....
In two to three weeks time , when PN17 status and QR released , we will know what we are betting is correct or not .. lets hope AAX can be another Genetec , that would be wonderful .. that is possible if they can maintain the EPS 50 sens ( 220millions profit ) consistently ..
Mexican low-cost airline, Viva Aerobus Records $24 Million Net Profit In Q2
Viva Aerobus had a strong second quarter, with a 25.4% increase in operating revenue and a $24 million net income, driven by higher demand in domestic and international markets.
The airline's performance in the first half of 2023 exceeded the total revenue of the entire year of 2019, thanks to effective revenue streams and low fares to stimulate demand.
India’s low cost airline, IndiGo Reports Its Highest-Ever Quarterly Net Profit of $373 million
IndiGo has reported its highest-ever quarterly profit of almost ₹31 billion ($373 million) for Q1, a massive shift from last year's net loss of ₹10 billion ($128 million) for the corresponding period.
Factors contributing to IndiGo's success include increased scale of operations, lower fuel costs, and favorable foreign currency movement, resulting in a 30% year-on-year increase in revenue.
IndiGo added 12 passenger aircraft in the last quarter and had a 63.2% market share by June end.
all you guys dreaming lah, AAX aslo no confident uplift granted. No wonder they apply for EXTENSION. If the uplift not granted the price will drop like hell, gap down like hell want cut lost also very hard. Better enter after news came out.. hahaha scary
all you guys dreaming lah, AAX aslo no confident uplift granted. No wonder they apply for EXTENSION. If the uplift not granted the price will drop like hell, gap down like hell want cut lost also very hard. Better enter after news came out.. hahaha scary
After so many days, the market already assume it will be an Extension and must submit RP. Those that scared about cannot uplift already sold on Tuesday/Wednesday.
So, when the news about cannot uplift is out drop 1%-3% then reverse back because super result will be out soon.
I pity you really. Why apply for extension? Because no update from Bursa!!!! Better pro actively apply isn't it. You can be fortune telling spinning stories
Canlah all you guys dreaming lah, AAX aslo no confident uplift granted. No wonder they apply for EXTENSION. If the uplift not granted the price will drop like hell, gap down like hell want cut lost also very hard. Better enter after news came out.. hahaha scary
JPMorgan reported that Asian airlines have been seeing higher yield and robust profitability, especially when the fleet capacity reinstatement of Hong Kong and mainland Chinese airlines continue to lag behind the trend of rising demand.
Propped up by an unprecedented travel revival, prices of flight tickets could remain elevated for a longer period of time. As such, the broker upgraded the rating on CATHAY PAC AIR (00293.HK) from Neutral to Overweight, on the assumption that the airline will follow in the footsteps of regional peers (such as Singapore Airlines and Qantas) and international peers (such as European and US airlines).
********************* What if JP Morgan initiate coverage on AAX? Since Maybank already done that ... ?
dump again?? lower than 1.55 TP again?? because PP at 1.55? nvr reach, rm 3 SOON ! dont miss the flight once sold out no more seats, u can only jump the plane HOHO
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....
harvest6138
377 posts
Posted by harvest6138 > 2023-08-03 14:29 | Report Abuse
https://www.thestar.com.my/business/business-news/2023/08/03/lufthansa-sees-high-demand-in-h2-after-q2-profit-jump
Another air line company report better earning .. Aviation industry is flying ...