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Posts Tagged ‘Rural Air Services’

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! (more…)

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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. (more…)

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Certificate (AOC) of AirAsia X Sdn Bhd (AAX), formerly known as Fly Asian Express Sdn Bhd (FAX), should have been withdrawn by DCA in year 2007 when it gave up the Rural Air Services (RAS) in Sabah and Sarawak.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

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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. (more…)

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Datuk Azmi Murad

Lapuran Hansard pada 20-6-2012 – Delum disemak

4.12 ptg.
Tuan Wee Choo Keong [Wangsa Maju]: Terima kasih Tuan Yang di-Pertua. Saya bangun untuk membahas Akta Pembekalan Tambahan 2012. (more…)

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Tan Sri Md Nor Md Yusof & Tan Sri Tony Fernandes were smiling away!

Tony Fernandes’ Comment:

Tony Fernandes

MP Wee,

Your comments are disgraceful for a Member of Parliament.

AirAsia X has been open about the RAS issue. All our accounts have been audited by the Auditor-General’s Office. If there remains dissatisfaction, we are more than happy to have the Public Accounts Committee go through the accounts again.

Time and time again, you have repeated your baseless allegations. Yet, each time we suggest a face-to-face meeting, you have refused to accept our offer.

The last straw is dragging my late mother into this issue. There is no need to get personal. I am sure you would not want anyone to denigrate your family members as well.

Once again, I extend you an invitation to AirAsia X to meet with our management team so that we can answer any queries that you have. Azran, Kamarudin and I are at your disposal. We hope that together we can lay the issue to rest.

Tony

(more…)

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Tan Sri Azman Mokhtar, Tan Sri Md Nor Md Yusof, Tan Sri Tony Fernandes, En Mohammed Rashdan Yusof

“Tan Sri Tony Fernandes has denied that AirAsia benefited from the RM249 mil in Government subsidies paid to Fly Asian Xpress (FAX) for rural air service operations four years ago. Fernandes said that although the shareholders of FAX were similar to AirAsia, they ended up losing almost RM5 mil of shareholder capital owing to the wind-up costs of FAX.” Read HERE for full report. Was the report the truth of the situation or another spin by Tan Sri Tony Fernandes?  (more…)

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YB Dato’ Hj Mohd Hayati bin Othman [Pendang] minta Menteri Pengangkutan menyatkan jumlah subsidi yang diberikan kepada AirAsia semasa mereka melksanakan khidmat Rural Air Services (RAS) sebelum mereka kemudianya menarik diri. (more…)

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One not telling the truth and the other condoning it!

Updated: 25-10-2011 Please read the article quoted from Business Time report dated 21-7-2006AirAsia not the ‘golden child’. You will see from this report how AirAsia got all the helps (i.e. AirAsia was given 91 trunk routes and etc) from the Badawi’s Administration under the so-called “domestic air rationalisation exercise” and AirAsia grew at the expense of MAS.

Below was what Tan Sri Tony Fernandes had been reported to have said as reported by the Star on 26-4-2007 when the then Minister of Transport, Datuk Chan Kong Choy, announced that FAX/AirAsia X Sdn Bhd had to return the Rural Air Services (RAS) in Sabah and Sarawak to MAS.

“Fernandes said FAX would be launching AirAsia Long Haul operations soon, and that it would be too distracting to operate turbo-propeller aircraft as well.” (more…)

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AirAsia & AirAsia X Sdn Bhd kept the unclaimed Airport Tax totaling RM6.895 millions

AirAsia Bhd and AirAsia X Sdn Bhd, formerly known as Fly Asian Express Sdn Bhd a.k.a FAX of Rural Air Services (RAS) fame, kept the unclaimed Airport Tax for the no-show passengers where both companies have forfeited their fares. By right both companies should immediately refund in full the collected Airport Tax the moment they forfeited fares of the no-show passengers. (more…)

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