To help Mr Mueller’s Grand Scheme to “Collaborate with AirAsia – Part 2

The babies are also collaborating!

The little napoleons in Khazanah love COLLABORATION/CCF so are the babies!

 

In PART 1 we stopped at the sorry state of Rural Air Service (RAS) and Fly Asian Express Sdn Bhd (now AirAsia X) where six aircraft were grounded due to un-airworthiness and another one was cannibalised for spare parts, and how MAS was left to pickup the pieces thereafter. Continue reading

“Now Everyone Can Buy AirAsia X shares 10 times above its par value of RM0.15″

The happy "family". Left to right: Datuk Nasir Razak, the CEO of CIMB, Datuk Kamarudin Meranun of AA X, Tan Sri Rafidah chairman of AAX, En Azran Rani of AAX and Tan Sri Tony Fernandez of AAX

The “happy family” laughing all the way to the … . From left: Datuk Seri Nazir Razak, the CEO of CIMB Bank, Datuk Kamarudin Meranun of AA X, Tan Sri Rafidah chairman of AAX, En Azran Osman-Rani of AAX and Tan Sri Tony Fernandes of AAX

At long last AirAsia X Bhd will finally be listed in Bursa Kuala Lumpur very soon. On 10-6-2013 AirAsia X Bhd has made an official announcement of its Initial Public Offering (IPO) of up to 790,123,500 ordinary shares of RM0.15 in the main Board of Bursa Kuala Lumpur (BSKL).  The retail price of the IPO is RM1.45, which is almost 10 times above its par value. Based on its retail price it would appear that AirAsia X Bhd is a rock solid company with big “dreams” otherwise its IPO price would not have been fixed at RM1.45! Continue reading

DCA failed to withdraw the AOC of FAX / AirAsia X in 2007 (Part 2)

The then Fly Asian Express Sdn Bhd aka as FAX. Now known as AirAsia X Sdn Bhd

The report for aircraft bearing registration no: 9M-MGA that was used by  Fly Asian Express Sdn Bhd aka as FAX during the Rural Air Services (RAS).  FAX is now known as AirAsia X Sdn Bhd

 

This was part of the report dated 03-07-2007 signed by Mr L. J.F van Meer, Mr J.N.A. Arnold and Mr E.J. Todd of Fokker Services Asia Pte Ltd (FSA), a fully owned subsidiary of Fokker Service B.V. for one of the twelve aircraft, bearing registration no: 9M-MGA. Continue reading

DCA failed to withdraw the AOC of FAX / AirAsia X in 2007 (Part 1)

FAX also known as Fly Asian Express in 2006 to September 2007

FAX also known as Fly Asian Express Sdn Bhd in 2006 to September 2007 during its RAS days

AirAsia X Sdn Bhd, formerly known as FAX/Fly Asian Express Sdn Bhd during the Rural Air Services days in 2006 to August 2007

AirAsia X Sdn Bhd, formerly known as FAX/Fly Asian Express Sdn Bhd

The Air Operator Certificate (AOC) of AirAsia X Sdn Bhd (AAX), formerly known as Fly Asian Express Sdn Bhd (FAX), should have been withdrawn by DCA in year 2007 when it gave up the Rural Air Services (RAS) in Sabah and Sarawak. Continue reading

AirAsia shouldn’t delay to terminate all its agreements with MAS

It is only fair that AAX should also return its Sydney route to MAS. Pic: 4th from left, YB Tan Sri Rafidah Aziz, the chairman of AAX Sdn Bhd

“Low-cost carrier AirAsia Bhd wants to opt out of all joint-venture agreements with national carrier Malaysia Airlines (MAS), a source says. AirAsia decided at a board meeting last week that it would seek to terminate its agreements with MAS soon, according to the source, in HERE. Continue reading