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Mi Teo, yes but credit account useless coz some of promotion flight cant use point to purchase. Somemore covid-19 happen, nobody aware when it will be settle. people need cash back only.
KUALA LUMPUR (April 7): AirAsia Group Bhd’s cash position can support the fixed costs of the group for under five months from now, even after slashing costs via salary cuts initiated in March, said CGS-CIMB Research.
Wat I know who want to fly by air plane in next 4 months = nobody... Bcs they got ton of job in hand undone during MCO, plus poor and scared... So AA price will at discounted rate for 5months May be....
Not only air asia.. Whole industry even carlsberg, heineken, constructions, tourism, retailers are burning cash.. Now the game just changed, the last man standing wins.
April Cimb and PB tp consensus 60-78sen. In actual, nobody knows what will happen. Amused to see some trying so hard to become sin kar lan. Just buy and sell with mouth shut lah. This app is great to use. But the majority forum is so childish and immature up to extent even sounds stupid and so not investor-like. Pui hou shui.
When Kamarudin and I started AirAsia nearly 20 years ago, we had a dream of allowing everyone the opportunity to fly. Sadly, that opportunity has now been taken away from us for now.
It’s an uncertain time. Never could I have imagined it, no one could have predicted it and yet everyone has been touched by it. So I want to be open and transparent with you in this time of uncertainty.
There’s no denying that our industry has been hit hard, and we are no exception.
@Ken Tony in a NEWS said AA cash balance can support up to 5 months and AA is pending approval from government for a loan of RM1billion. Your statement is misleading the people decision. Goshhhhhh......
Yes trade war will be back..the worst is not over yet. Next two quarters will see another plunge..world economy will take time to recover..many ppl run out of cash, business allowed to open, doesn’t mean business will be good..life will not be the same..airasia flight resume doesn’t mean they will make money, doesn’t mean the seats will be filled..