flee 5 Report post Posted July 21 I think TF is right when calling for the tech companies to be accountable. I think tech companies are the only companies selling permanently defective products! That is why their software constantly needs updates and patches! Crowdstrike and Microsoft should be coming up with some compensation for all their customers. Furthermore, top executives of these companies should also clawback their huge bonuses! Share this post Link to post Share on other sites
jahur 0 Report post Posted July 21 1 hour ago, flee said: I think TF is right when calling for the tech companies to be accountable. I think tech companies are the only companies selling permanently defective products! That is why their software constantly needs updates and patches! Crowdstrike and Microsoft should be coming up with some compensation for all their customers. Furthermore, top executives of these companies should also clawback their huge bonuses! Issues with how most tech companies run is stuff from R&D should remain strictly closed doors out of public use and will take many years. But board and shareholders are pushing for experimental beta like stuff to hit the market prematurely as long sales starts kicking in. Consumers are technically the beta participants now with mandatory unskippable update patches that may bring more bugs than intended always rolling out. Share this post Link to post Share on other sites
Robert 0 Report post Posted July 25 (edited) Air Asia ATR Updates in the June bulletin. AK to USM as well? 1 KUL-DAC v.v. / +7x weekly AirAsia Jun-24 2 KUL-COK v.v / +2x weekly AirAsia Aug-24 3 KUL-IXZ v.v. / 4x weekly AirAsia Aug-24 4 KUL-DLI v.v. / 4x weekly AirAsia Aug-24 5 KUL-CEI v.v. / 4x weekly AirAsia Nov-24 6 KUL-USM v.v. / 4x weekly AirAsia Nov-24 7 KUL-KHH v.v. / 1x weekly AirAsia Sep-24 8 KUL-KHI v.v. / 4x weekly AirAsia X Nov-24 9 KUL-CKG v.v. / 4x weekly AirAsia X Nov-24 Air Traffic Rights Available / Expired / Returned / Revoked 1 Vietnam KUL-SGN v.v.* / 4x weekly AirAsia 10-Jun-24 Revoked 2 Bandar Seri Begawan KUL-BWN-KCH-KUL* / 4x weekly AirAsia 10-Jun-24 Revoked 3 Australia KUL-OOL v.v. / 4x weekly AirAsia X 20-Jun-24 Revoked Edited July 25 by Robert Share this post Link to post Share on other sites
JuliusWong 0 Report post Posted July 26 (edited) Aero Dili Airlines, the local airline in East Timor has raised objection for AirAsia Malaysia's entry. The irony is Indonesia AirAsia and Aero Dili has a partnership for DPS-DLI-DPS flight. One thing for sure, the KUL-DLI route won't be able to sustain 4x weekly. Seem like everyone is battling to get into Koh Samui (USM), previously reserved to Bangkok Air only since they owned the airport. Batik Air and AirAsia....USM can handle both B737-800NG and A320. After Batik Air's venture into Karachi (KHI), AirAsia X is also venturing into it. I hope the security is better there now. For Chongqing (CKG), will they be taking back the allocation to AirAsia Malaysia? It was D7's destination initially. CEI is Mae Fah Luang - Chiang Rai International Airport, serving Chiang Rai province in northern Thailand. IXZ is Veer Savarkar International Airport in Port Blair serving the Andaman and Nicobar Islands of India. Is there demand for 4x weekly service?? COK is Cochin International Airport is an international airport serving the city of Kochi, Kerala, in southwestern India. Edited July 26 by JuliusWong Share this post Link to post Share on other sites
Robert 0 Report post Posted July 26 16 minutes ago, JuliusWong said: Aero Dili Airlines, the local airline in East Timor has raised objection for AirAsia Malaysia's entry. The irony is Indonesia AirAsia and Aero Dili has a partnership for DPS-DLI-DPS flight. One thing for sure, the KUL-DLI route won't be able to sustain 4x weekly. Seem like everyone is battling to get into Koh Samui (USM), previously reserved to Bangkok Air only since they owned the airport. Batik Air and AirAsia....USM can handle both B737-800NG and A320. After Batik Air's venture into Karachi (KHI), AirAsia X is also venturing into it. I hope the security is better there now. For Chongqing (CKG), will they be taking back the allocation to AirAsia Malaysia? It was D7's destination initially. CEI is Mae Fah Luang - Chiang Rai International Airport, serving Chiang Rai province in northern Thailand. IXZ is Veer Savarkar International Airport in Port Blair serving the Andaman and Nicobar Islands of India. Is there demand for 4x weekly service?? COK is Cochin International Airport is an international airport serving the city of Kochi, Kerala, in southwestern India. I thought B737/A320 couldn't operate at USM especially since SQ/TR couldn't operate it once their A319's removed from the fleet. Perhaps there is significant payload restriction? IXZ - I thought you could only enter these islands via mainland India. Must have missed the change. Share this post Link to post Share on other sites
jahur 0 Report post Posted July 26 3 minutes ago, Robert said: I thought B737/A320 couldn't operate at USM especially since SQ/TR couldn't operate it once their A319's removed from the fleet. Perhaps there is significant payload restriction? IXZ - I thought you could only enter these islands via mainland India. Must have missed the change. USM runway is quite alike to ipoh amid USM being slightly longer. It wont be a problem for 738/a320 but yes flights out of USM cant fly far maybe restricted to no more than 3 hour routes or to trim down the amount of passenger payload. One thing is noted you may see them using more flaps than take off and landing consistently. TR probably waiting it out for the E2 than betting on the A320. In japan many third tier domestic airports have even shorter runway(some same length as ipoh's 2000meter runway) that are served by dense domestic configured 763 and 772 and recently 788 during holiday season. But those parts have the benefit of colder climate giving more performance margin to the aircraft. Share this post Link to post Share on other sites
JuliusWong 0 Report post Posted July 26 (edited) 24 minutes ago, Robert said: I thought B737/A320 couldn't operate at USM especially since SQ/TR couldn't operate it once their A319's removed from the fleet. Perhaps there is significant payload restriction? IXZ - I thought you could only enter these islands via mainland India. Must have missed the change. Yes indeed, I was surprised by Port Blair assignment to AirAsia. Not sure if they will operate the route in the end, but still surprising nevertheless. Edit: There are some Youtube video of A320 landing at USM, so I think it can handle A320/B737NG now. At this point of time, it seems only A319 can do a landing there, TG used to keep two B734 solely for the route, but dropped the route after the B734s were retired. The airport will be undergoing expansion in the next few years to increase its pax capacity as well. Edited July 26 by JuliusWong Share this post Link to post Share on other sites
Robert 0 Report post Posted July 26 5 minutes ago, jahur said: USM runway is quite alike to ipoh amid USM being slightly longer. It wont be a problem for 738/a320 but yes flights out of USM cant fly far maybe restricted to no more than 3 hour routes or to trim down the amount of passenger payload. One thing is noted you may see them using more flaps than take off and landing consistently. TR probably waiting it out for the E2 than betting on the A320. In japan many third tier domestic airports have even shorter runway(some same length as ipoh's 2000meter runway) that are served by dense domestic configured 763 and 772 and recently 788 during holiday season. But those parts have the benefit of colder climate giving more performance margin to the aircraft. 5 mins on google and some sites say no A320 and others say yes they can but with a restricted payload for take off's. Another says that the runway is 1800m but wiki says 2100m Also read: Due to its short 5,905ft (1,800m) Runway 17/35, the complex serves limited traffic restricted to types including ATR 42/72 turboprops, Airbus A319s and Boeing 737-400s/737-800SFPs (Short Field Performance) in addition to an array of business jets. The truth out there somewhere Share this post Link to post Share on other sites
JuliusWong 0 Report post Posted July 26 53 minutes ago, JuliusWong said: Aero Dili Airlines, the local airline in East Timor has raised objection for AirAsia Malaysia's entry. The irony is Indonesia AirAsia and Aero Dili has a partnership for DPS-DLI-DPS flight. One thing for sure, the KUL-DLI route won't be able to sustain 4x weekly. Seem like everyone is battling to get into Koh Samui (USM), previously reserved to Bangkok Air only since they owned the airport. Batik Air and AirAsia....USM can handle both B737-800NG and A320. After Batik Air's venture into Karachi (KHI), AirAsia X is also venturing into it. I hope the security is better there now. For Chongqing (CKG), will they be taking back the allocation to AirAsia Malaysia? It was D7's destination initially. CEI is Mae Fah Luang - Chiang Rai International Airport, serving Chiang Rai province in northern Thailand. IXZ is Veer Savarkar International Airport in Port Blair serving the Andaman and Nicobar Islands of India. Is there demand for 4x weekly service?? COK is Cochin International Airport is an international airport serving the city of Kochi, Kerala, in southwestern India. Opps, sorry, DLI is Dalat in Vietnam, but AirAsia is indeed planning to enter DLI. Not sure if it is Malaysia or Indonesia operation. Share this post Link to post Share on other sites
JuliusWong 0 Report post Posted August 27 AirAsia launches Kota Kinabalu to Shantou and Penang to Shenzhen. Share this post Link to post Share on other sites
JuliusWong 0 Report post Posted August 27 Quote Capital A secures USD 443 million revenue bond to strengthen financial position and propel AirAsia’s growth https://newsroom.airasia.com/news/capital-a-secures-usd443-million-revenue-bond-to-strengthen-financial-position-and-propel-airasias-growth#gsc.tab=0 KUALA LUMPUR, 22 August, 2024 - Capital A Berhad (“Capital A”) is thrilled to announce the successful signing of a $443 million revenue bond for AirAsia, a critical step in the ongoing commitment to strengthening its financial position and accelerating growth for its airline business. This financing represents a significant milestone in AirAsia's journey to emerge stronger and more resilient following the challenges posed by the global pandemic. Two leading private credit funds, Ares Management Corp and Indies Capital Partners, will provide $200 million of the funding, which will be strategically utilised to reactivate aircraft that were grounded during the pandemic. The remaining $243 million tranche, subscribed by sting aircraft lessors will be used to refinance existing lease liabilities, further strengthening its balance sheet. To date, Capital A Berhad has around 40 A320ceo and neo currently in storage, waiting for re-activation or spare parts for MRO activities. Share this post Link to post Share on other sites
flee 5 Report post Posted August 29 AirAsia X 2Q net profit down 13% amid weak travel season KUALA LUMPUR (Aug 28): Medium-haul low-cost carrier AirAsia X Bhd (KL:AAX) reported a 13% fall in net profit for the second quarter ended June 30, 2024 (2QFY2024) to RM4.82 million from RM5.54 million a year earlier, on lesser travels due to the traditionally weaker travel season. This led to a lower earnings per share of 1.1 sen for 2QFY2024 compared with 1.2 sen for 2QFY2023. Net profit for 2QFY2024 was also down 94% from the RM80.12 million recorded in 1QFY2024, due to a 26% quarter-on-quarter decrease in revenue as average passenger fare was lower by 30% while ancillary revenue dropped 10%. On a year-on-year (y-o-y) comparison, however, AAX's quarterly revenue rose 30.5% to RM669.14 million in 2QFY2024, from RM512.91 million in 2QFY2023, on higher ticket sales and ancillary revenue. In a statement on Wednesday, AAX said it saw the number of passengers carried rise 42% y-o-y to over 880,000 passengers, surpassing the 30% y-o-y growth in seat capacity. Ancillary revenue also increased over 48% y-o-y to RM218.2 million, in line with the increase in the number of passengers carried and buoyed by ancillary revenue per passenger increasing by 5% y-o-y to RM248 per passenger. Full report: https://theedgemalaysia.com/node/724677 Share this post Link to post Share on other sites
jahur 0 Report post Posted August 30 Capital A's net loss swells in 2Q, aims to exit PN17 status by mid-2025 29 Aug 2024, 08:37 pm KUALA LUMPUR (Aug 29): Capital A Bhd (KL:CAPITALA) on Thursday posted a much larger net loss for the second quarter mainly due to higher foreign exchange losses and aircraft depreciation charges. Net loss for the three months ended June 30, 2024 (2QFY2024) widened to RM454.18 million, Capital A said in an exchange filing, marking its fourth consecutive quarter in the red. That compares to a net loss of RM91.55 million in 1QFY2024 and net profit of RM646.28 million in 2QFY2023. Capital A incurred RM403.9 million in foreign exchange losses and RM175 million in aircraft depreciation charges during the latest quarter. About 20% of the fleet was not in operation during the quarter and the company has 165 operating aircraft as at the end of June. Quarterly revenue, however, rose 54% year-on-year to RM4.86 billion as compared to RM3.15 billion a year ago, thanks to the strong recovery from domestic and international travel, which offset the higher fuel expenses and maintenance costs. Capital A is now aiming to exit the Practice Note 17 (PN17) status by the first half of 2025, said its chief executive officer Tan Sri Tony Fernandes. “We are confident in the growth and value that Capital A companies will deliver in the coming quarters,” he said. Share this post Link to post Share on other sites
Pall 0 Report post Posted August 30 4 hours ago, jahur said: Capital A's net loss swells in 2Q, aims to exit PN17 status by mid-2025 29 Aug 2024, 08:37 pm KUALA LUMPUR (Aug 29): Capital A Bhd (KL:CAPITALA) on Thursday posted a much larger net loss for the second quarter mainly due to higher foreign exchange losses and aircraft depreciation charges. Net loss for the three months ended June 30, 2024 (2QFY2024) widened to RM454.18 million, Capital A said in an exchange filing, marking its fourth consecutive quarter in the red. That compares to a net loss of RM91.55 million in 1QFY2024 and net profit of RM646.28 million in 2QFY2023. Capital A incurred RM403.9 million in foreign exchange losses and RM175 million in aircraft depreciation charges during the latest quarter. About 20% of the fleet was not in operation during the quarter and the company has 165 operating aircraft as at the end of June. Quarterly revenue, however, rose 54% year-on-year to RM4.86 billion as compared to RM3.15 billion a year ago, thanks to the strong recovery from domestic and international travel, which offset the higher fuel expenses and maintenance costs. Capital A is now aiming to exit the Practice Note 17 (PN17) status by the first half of 2025, said its chief executive officer Tan Sri Tony Fernandes. “We are confident in the growth and value that Capital A companies will deliver in the coming quarters,” he said. This goalpost keeps moving further and further each quarterly earnings brief. Share this post Link to post Share on other sites
flee 5 Report post Posted September 8 AirAsia: Fleet expansion to 92 planes set to tackle flight disruptions, fill gaps in key routes https://bernama.com/en/business/news.php?id=2338114 Share this post Link to post Share on other sites
JuliusWong 0 Report post Posted September 11 On 9/8/2024 at 6:59 PM, flee said: AirAsia: Fleet expansion to 92 planes set to tackle flight disruptions, fill gaps in key routes https://bernama.com/en/business/news.php?id=2338114 A320 fleet in pax operation (Malaysia Only): Currently In Operation: A320ceo = 54 A320neo = 21 Total = 75 In storage: A320ceo = 14 A320neo = 8 Total = 22 A321 fleet in pax operation(Malaysia Only): Currently In Operation: A321neo = 4 Total = 4 Collectively, they currently have 79 A320/A321 in operation, with 22 in various stage of storage or parked. Out of those 22, they are aiming to return 13 by end of this year. Balance will be nine airframes. Share this post Link to post Share on other sites
flee 5 Report post Posted September 12 Thanks for the excellent detailed summary, Julius. Aren't they expecting more A321Neo deliveries later this year? Share this post Link to post Share on other sites
JuliusWong 0 Report post Posted September 24 Guess we know why AirAsia Group needs to bring back the 13 A320ceo/neo before end of the year. A lot of new route approvals: SWA is Jieyang Chaoshan International Airport, serving Jieyang, Shantou and Chaozhou in South Central China‘s Guangdong province. AirAsia announced back in August 26, 2024, they will commence BKI-Shantou flight, commencing on 16 November 2024 with three flights weekly. At the same time, they also introduced PEN-SZX starting 28 October 2024, four times weekly. MPH is Godofredo P. Ramos International Airport or Caticlan International Airport or simply Boracay Airport, The Philippines. This will mark the return of AirAsia Malaysia to Boracay, having previously served KL-Kalibo (another airport with access to Boracay) until March 26, 2018. AirAsia Philippines serves MPH 8x daily from Manila T2. Share this post Link to post Share on other sites
JuliusWong 0 Report post Posted September 25 Quote Philippines AirAsia NW24 International Service Changes https://www.aeroroutes.com/eng/240924-z2nw24int NW24 Written By Jim Liu Published at 1800GMT 24SEP24 Philippines AirAsia (Z2) since late-August 2024 suspended all service to China, with last Manila – Shenzhen service operated on 29AUG24. During Northern winter 2024/25 season, following service will not be offered, as it has been gradually removed in the last few weeks. Cebu – Shenzhen Planned 3 weekly A320 service resumption from 27OCT24 removed Manila – Guangzhou Last flight 29MAY24. Planned 1 daily A320 resumes on 27OCT24 removed Manila – Shanghai Pu Dong Last flight 28MAY24. Planned 3 weekly A320 resumes on 27OCT24 removed Manila – Shenzhen Last flight 29AUG24 The airline is also suspending following service: Manila – Kuala Lumpur Last flight on 21OCT24 Other international service changes, based on schedule listing comparison 18AUG24 vs 22SEP24): Manila – Bangkok Don Mueang eff 27OCT24 Reduce from initially planned 18 weekly to 14 weekly Manila – Seoul Incheon eff 27OCT24 Reduce from 14 to 10 weekly Previously reported changes: Manila – Nagoya eff 29OCT24 3 weekly A320, new route Share this post Link to post Share on other sites
JuliusWong 0 Report post Posted September 25 On 6/24/2024 at 1:55 PM, JuliusWong said: Thai AirAsia X to take two additional A330-300s 2. HS-XTP MSN 1090 ex-Thai Airways HS-TEU, currently in Malta for ferry preparation VP-CRX LMML 15-05-2024 Air Asia Airbus A330-343 CN 1090 by copyright of Burmarrad (Mark) Camenzuli Thank you, on Flickr VO-CRX now registered as HS-XTP, has arrived at DMK earlier this morning following a nearly eight hours delivery flight from Malta. https://www.flightaware.com/live/flight/HSXTP/history/20240913/0321Z/LMML/LMML Share this post Link to post Share on other sites
JuliusWong 0 Report post Posted September 25 Some route expansion and adjustment, some announced before: AirAsia Amritsar (begins 1 October 2024) Chiang Rai (begins 2 November 2024) Da Lat (resumes 1 November 2024) Port Blair (begins 16 November 2024) AirAsia X Amritsar (ends 30 September 2024) Chongqing (resumes 15 October 2024) Gold Coast (ends 1 December 2024) Nairobi–Jomo Kenyatta (begins 15 November 2024) Share this post Link to post Share on other sites
JuliusWong 0 Report post Posted September 25 The tired 9M-XXR will finally get a makeover in October 2024. https://www.facebook.com/photo/?fbid=550901094122725&set=a.182589214287250 Share this post Link to post Share on other sites
jahur 0 Report post Posted September 27 Fernandes: AirAsia to charge mandatory carbon fees from January 2025 Quote For a successful implementation of the carbon fee collection, Fernandes said there is a need to raise an awareness and understanding among the public about the rationale behind it. "The biggest thing we can do is educate the public. All of us need to do something. So we want to educate the public [about the carbon fees] and we want to make sure that whatever money we raise are for investments that go into projects that will reduce carbon in Asean,” he added. Shares of Capital A settled up 2.5 sen or 2.82% at 91 sen on Thursday, valuing the company at RM3.9 billion. Gotta keep those ESG and green washing scores up. Share this post Link to post Share on other sites
Tom/PER 0 Report post Posted September 28 On 9/25/2024 at 10:10 PM, JuliusWong said: The tired 9M-XXR will finally get a makeover in October 2024. https://www.facebook.com/photo/?fbid=550901094122725&set=a.182589214287250 Pulled up alongside -XXR a few weeks back, looks very sun bleached. Also, -XXD never re-joined the fleet as expected back in July. Any idea what the delay is in her being reactivated? Share this post Link to post Share on other sites
