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KK Lee

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  1. Granted aoc is probably the easiest and least costly task. many under estimated amount of cash needed to sustain the operation before cash flow positive.
  2. Believe mas incurred less losses in the last two years than before.
  3. Almost anyone with cable and deep pocket could obtain aoc in cambodia. those chinese funded or controlled cambodian airlines was intended to bring gamblers and investors from prc to sihanoukville. it may be relatively easy to obtain aoc but operating environment is a different story.
  4. d7 current business model of operating a333 only is not feasible. for d7 to sustain, a change of business model is essential.
  5. Without sharing network planning, it is difficult to judge whether 'cash flow positive in october 2023' is realistic or not. if previous attitude remain, mas will need ltbt x.0. rm3.6 billion is sufficient to start a new airlines and have a better chance to success.
  6. Either plan a or b, creditors will loss and the management remain unchanged. old wine in new bottle.
  7. China’s aviation regulator is recommending cabin crew on charter flights to high-risk Covid-19 destinations wear disposable diapers and avoid using the bathroom to reduce the risk of infection. The advice comes in a 38-page list of guidelines for airlines to prevent the spread of coronavirus. The sixth edition echoes similar instructions in previous, less lengthy versions. The Civil Aviation Administration of China said the recommendation applies for charter flights to and from countries and regions where infections exceed 500 in every one million people. The diaper advice is in a section on personal protective equipment, which also recommends the following for cabin crew: Medical protective masks Double-layer disposable medical rubber gloves Goggles Disposable caps Disposable protective clothing Disposable shoe covers Flight crew should wear masks and goggles, but they don’t need diapers. https://www.bloomberg.com/news/articles/2020-12-10/cabin-crew-told-to-wear-diapers-on-risky-covid-flights
  8. Saudi airlines will face same weight limit.
  9. 744, 77w and a380 could refuel at sin or kul.
  10. As haj umrah is seasonal, wet lease 773, 744, A380 is an option.
  11. KUALA LUMPUR -- Low-cost carrier AirAsia said it has halved its fixed costs and is exploring its options to raise working and operating capital, including selling spare aircraft engines, as the airline continues to struggle because of travel bans imposed in Malaysia, Indonesia and Thailand -- three of its core markets. The airline's sales fell 86% to 442.9 million ringgit ($108 million) for the third quarter ended Sept. 30, compared with 3.07 billion ringgit in the corresponding quarter last year. Its net loss widened to 851.78 million ringgit from 51.4 million ringgit previously. The third-quarter performance brings the airline's year-to-date sales down to 2.87 billion ringgit from 9.07 billion ringgit over the same period of the previous year. It has recorded a net loss of 2.66 billion ringgit for the cumulative nine-month period. https://asia.nikkei.com/Business/Transportation/AirAsia-seeks-sources-of-cash-as-net-loss-widens Unless major shareholders like tf subscribed to right issue, not many banks will extend substantial loan to aagb.
  12. KUALA LUMPUR -- Malaysia's finance minister has sent a strong signal that Malaysia Airlines will benefit from state financial support to ensure its survival, as talks continue over a possible debt restructuring to salvage the national flag carrier. Tengku Zafrul Abdul Aziz told Nikkei Asia that MAS' sole shareholder Khazanah Nasional -- a state wealth fund wholly-owned by the government -- has been told to put the airline in a "position of strength" to support the domestic economy after the COVID-19 pandemic. "The Ministry of Finance has spoken to Khazanah and asked them to ensure that MAS continues to be in the position of strength to support the economy when it recovers," said Tengku Zafrul, an ex-banker who was appointed in March. https://asia.nikkei.com/Editor-s-Picks/Interview/Malaysia-Airlines-will-overcome-crisis-finance-minister-says Funding is guaranteed. old wine in new bottle.
  13. It is unworthy and waste of resources to prolong zombie company.
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