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Overview
Financial Highlight
HeadlinesBusiness Background AirAsia X Berhad is a Malaysia-based company, which is engaged in providing long-haul air transportation services. It operates a fleet of more than 25 A330-300 aircraft. The airline serves the geographical region of North Asia, Australia, and West Asia and the Middle East and derives revenue through freight services, aircraft operating lease income, management fees and through other activity. It also offers management logistical and marketing services, and engine and aircraft leasing services.
  MrLuck https://www.theedgemarkets.com/article/bigpay-launches-cash-topup-malaysias-7eleven-stores Good time to collect and hold AAX and AA 17/02/2021 12:58 PM  HannahM Strong resistant at 0.08, so hard to break this wall with border is still closed 18/02/2021 10:03 AM icecreamsoda There are other much better counters to buy compare to this that have higher possibility of making money. 21/02/2021 9:20 PM  Ammar Roshidy Yeah the Vaccine is here, but the back dooor govt needs the Covid issue to stay otherwise you know what will happen to them. 22/02/2021 10:24 AM HannahM AAX managed to break strong resistant 0.08 yesterday. Today the price moves. People are interested to buy AAX because of post-covid prospect after vaccine and border re-opens. 23/02/2021 9:37 AM Noorezmi83 alhamdulilah, macam biasa untung, jangan lupa bersedekah. terima kasih atas nasihat dan tunjuk ajar 23/02/2021 10:24 AM leemeng For the record the Pfizer vaccine is also the first Covid-19 vaccine to be certified by the World Health Organization (WHO) for emergency use. Khairy also advised the people not to hesitate and worry about the level of safety of the vaccines that have been purchased because they have been certified free from any animal-related substances. 23/02/2021 11:17 AM 23/02/2021 12:02 PM leemeng Sabah Chief Minister Datuk Seri Hajiji Noor is scheduled to launch the state-level Covid-19 Vaccination Programme on March 4, said State Local Government and Housing Minister Datuk Masidi Manjun. 23/02/2021 12:02 PM leemeng On Feb 4 Prime Minister Tan Sri Muhyiddin Yassin said the government would start the National Covid-19 Immunisation Programme from the end of this month, with the government targeting 80% of the country's population or 26.5 million individuals receiving the vaccines which are to be given free in three phases.The first phase from February to April is for a total of 500,000 frontline personnel directly involved in the fight against the pandemic. The second phase from April to August is for high-risk groups of senior citizens, aged 60 and above, and vulnerable groups with morbidity problems such as heart disease, obesity, diabetes and high blood pressure, as well as the disabled.The third phase is for adults, aged 18 and above, from this May to February next year. 23/02/2021 12:03 PM richardlam Malaysia high court has ordered budget long-haul airline AirAsia X Bhd (AAX) to convene separate meetings with its different groups of creditors within 180 days from the date of order.The meetings are for the purpose of "considering and, if thought fit, approving with or without modification the Proposed Debt Restructuring to be proposed by AAX and the creditors. Kuala Lumpur High Court ruled that aircraft lessors and planemaker Airbus SE were to be treated as unsecured creditors, but that Airbus would be placed in a separate class from other unsecured creditors. The ruling was made last Friday. The airline has been looking to restructure RM64.15 billion of debt. 23/02/2021 3:49 PM richardlam After marathon submissions from lawyers of AirAsia X Bhd (AAX) and 14 creditors since Dec 21, the High Court has set Feb 19 for a decision on whether the creditors can intervene in a proposed court-supervised restructuring of the budget airline.Judicial Commissioner Ong Chee Kwan set the date today after hearing submissions from lawyers representing all parties involved. 23/02/2021 3:52 PM richardlam Air Asia X counsel Gopal Sreenevasan, as well as Kwan Will Sen from Lim Chee Wee Partnership who are acting for lessor BOC Aviation Ltd (BOCA), Macquarie Aircraft Leasing Services and Lavender Leasing.Lessor BOC Aviation Ltd and airport operator Malaysia Airports Holdings Bhd have argued that AAX is 'hopelessly insolvent". 23/02/2021 3:53 PM richardlam court documents filed this month show that most of AAX’s lessors support a restructuring plan, and the airline has received interest from potential investors for fundraising after reorganization, Reuters reported.Planemaker Airbus SE filed an affidavit last month saying it could lose more than US$5 billion worth of aircraft orders if AAX proceeded with the plan.Fifteen out of 20 aircraft lessors were not in favour of AAX liquidating, while Rolls-Royce Group and interveners — Airbus, and BNP Paribas — were "not objecting" to the restructuring plan. 23/02/2021 3:53 PM richardlam Lessors in favour of a restructuring include Macquarie Aircraft Leasing Services and Aircastle, according to the documents.AAX is seeking to restructure RM64.15 billion of debt. Its accrued debt amounts to RM2.24 billion, without taking into consideration contingent debts such as its large aircraft order book with Airbus. 23/02/2021 3:53 PM PenorehGetah Last minit 4:59:59 60k lot masuk. Semoga esk dia mampu pecahkan 12sen 23/02/2021 7:20 PM HannahM Main intraday memang menangis, cuba invest. Vaccine is here. Imagine once border reopens? That time you’ll remember why you didn’t buy when the price is lower than 10cents. It’s damn cheap already. 24/02/2021 6:39 PM pLaYeRnever_die https://www.theedgemarkets.com/article/airasia-xs-quarterly-net-loss-narrows-rm174m\ AirAsia X’s quarterly net loss narrows to RM174m 27/02/2021 2:10 AM  |
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