Tag: Rural Air Services

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

On By weechookeongIn wee choo keong36 Comments
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 ““Now Everyone Can Buy AirAsia X shares 10 times above its par value of RM0.15”” →

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

On By weechookeongIn wee choo keong8 Comments
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 2)” →

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

On By weechookeongIn wee choo keong18 Comments
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 “DCA failed to withdraw the AOC of FAX / AirAsia X in 2007 (Part 1)” →

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

On By weechookeongIn wee choo keong19 Comments
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 “AirAsia shouldn’t delay to terminate all its agreements with MAS” →

“Ular lidi, ular sawa, sekarang jadi anakonda”

On By weechookeongIn wee choo keong24 Comments

Datuk Azmi Murad

Tony Fernandes of AirAsia:  “I got MAS Under My Armpit!”

Lapuran Hansard pada 20-6-2012

4.12 ptg.

Tuan Wee Choo Keong [Wangsa Maju]: Terima kasih Tuan Yang di-Pertua. Saya bangun untuk membahas Akta Pembekalan Tambahan 2012. Continue reading ““Ular lidi, ular sawa, sekarang jadi anakonda”” →