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JuliusWong

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  1. Analysts: AirAsia may have to take rights issue route, but timing tricky https://www.theedgemarkets.com/article/analysts-airasia-may-have-take-rights-issue-route-timing-tricky
  2. AirAsia X served with RM95m breach of contract claim in UK https://www.theedgemarkets.com/article/aax-served-rm95m-breach-contract-claim-uk Four A330ceo are leased from BOC Aviation: 9M-XBA, 9M-XBB, 9M-XBC, 9M-XBE. Apparently XBE is also 367 all Y-class, contrary to what I mentioned earlier. Most probably next to be removed from service.
  3. 9M-XBD at Dresden after engine test prior to conversion to freighter.
  4. This will remove the one and only Type D all Y configuration A333ceo AirAsia Group has. Previously the aircraft was heavily deployed on China and Taiwan route. Never got to see its interior, my rough guess it has all the previous generation black and red Y seats, not Mirius ironing board thin version.
  5. AirAsia Malaysia third A321neo to be 9M-VAC is now spotted NTU. MSN9512
  6. Report: Emirates airline to cut up to 9,000 jobs Emirates airline has cut a tenth of its workforce during the novel coronavirus pandemic in layoffs that could rise to 15 per cent, or 9,000 jobs, its president said, according to a report today. https://www.malaymail.com/news/money/2020/07/11/report-emirates-airline-to-cut-up-to-9000-jobs/1883549
  7. According to insiders, AAGB will initiate second round of layoff soon. It will be brutal. In the first round, all Captain, SFO, FO and many others who joined or promoted in 2018-2020 were all retrenched.
  8. Royal Air Maroc seeks to remove fleet and dropped routes due to COVID19 pandemic: Selling off 20 aircraft including 4 E190s, 4 B787s, and 12 B737NGs. Seeks to drop Athens, Vienna, Boston, Miami, Sao Paolo, Rio de Janeiro, Stockholm, Copenhagen, Beirut, Amman, N’Djamena and Luanda https://www-moroccoworldnews-com.cdn.ampproject.org/c/s/www.moroccoworldnews.com/2020/07/307614/ram-plans-to-discharge-30-of-its-personnel-liquidate-20-planes/amp/
  9. Now that NokScoot is out of business, XJ just need SL mid-long haul to flounder, they will monopolise Thai low cost long haul. Thailand aviation and tourism sectors perhaps will recover faster than others in the region. They will need every aircraft they can get.
  10. Don't think it matters if it is a GLC or private owned company, it is up to the management to run their business with financial prudent and cost conscious or spend a tonne of money on Black Eyes Peas for year end concert. AirAsia Group of airlines share has always been measly any way, those who think they can make big bucks buying AK/D7 shares, I have a bridge to sell to you.
  11. For photos link: http://pkn.pahang.gov.my/images/tender/gambar_sisi_kapal_terbangdocx.pdf Tender webpage: http://pkn.pahang.gov.my/index.php/sebutharga-tender All Malaysia Airlines markings on exterior have been removed.
  12. If the regional countries do not open by end of July, AirAsia Group will initiate second round of layoff. First round they let off around 400 staff and more are in the pipeline. After this COVID19 drama, I hope AAGB/TF will start saving money for any future downturn and keep some high-demand assets rather than really being asset-light company. Well, one may say COVID19 is unprecedented, the piggy money could have mitigate the layoff to minimal amount or future loss. Build an airline with good reputation, prudent spending and Class A stock like Singapore Airlines, and when time comes, you can get funding easier with bank, financial institution and lenders. SQ Group raised USD 15 billion for mitigating COVID19 impact, that shows how well managed and well regarded the Group is in the financial market.
  13. On last count AirAsia Group has more than 20,000 staff. 30% would mean around 6,000-7,000 would lost their jobs. They have staff in following countries: Malaysia Singapore Indonesia Thailand Philippines Vietnam Cambodia Laos Myanmar Japan India South Korea USA China Taiwan Macau Bangladesh Sri Lanka Saudi Arabia Iran Croatia Georgia I believe there are other countries with smaller staff population. The former AirAsia Head of Esports Allan Phang has posted a Google Sheet with details of those who were laid off in first round of retrenchment. You can view the list here: https://docs.google.com/spreadsheets/d/14ObT90PlQM6nbdg2B1OwzZ3irXylcoT-tOwYQqrLJ1E/edit#gid=0
  14. 333 staff to go (172 pilots, 111 cabin crew and 50 engineers) in first round of redundancy.
  15. Thai AirAsia considers merger With its "fortune hanging in the balance", the chief of Thai AirAsia (TAA) says it may merge with another low-cost carrier (LCC) to clamp down on pricing wars once flights eventually resume in the country. If Thailand does not resume tourism activities by July, TAA's chairman said next year the company would begin laying off employees, downsizing the company and its fleet to keep its business alive. https://www.bangkokpost.com/business/1925524#cxrecs_s
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