Pdf this case details the rise and expansion of airasia in southeast asia. It has incurred this year some of the largest losses among southeast asian airlines, a sector which has generally underperformed. Usage of the airasia website states your compliance of our terms of use and privacy policy 2020 airasia group berhad. It has all the same data and features of the original site but formatted just with assistive users in mind. Nov 03, 2012 malaysiabased airasia x said in the document on friday that 685.
Listing resources ipo ipo prospectus lfx prospectus corporate governance and sustainability labuan international financial exchange lfx market. Jun 10, 20 airasia x and its shareholders are offering 790. Why airasia x ipo doesnt make any sense tony fernandes is god. The company serves different destinations around the world. Strategic analysis air asia case study linkedin slideshare. Airasia x was established in 2001 and has hubs in kuala lumpur, kota kinabulu, penan, johor bahru and kuching. While management is upbeat on onboard wifi and the sale of duty free products. Airasia x berhad is a longhaul, lowcost airline based in malaysia. This made airasia to have cheaper airlines to the neighboring countries. Airasia denies wrongdoing in dealings with rollsroyce. The fleet plan entails malaysian airasia x maax ending. You are using a dynamic assistive view of the airasia site. At a bottom line level, airasia xs profits have been rare.
Notice accompanying the electronic prospectus of airasia x berhad airasia x or the company dated 10 june 20 electronic prospectus unless otherwise indicated, specified or defined in this notice, the definitions in the prospectus shall apply throughout this notice website this electronic prospectus can be viewed or. As at 2011, the airline had a fleet of 11 aircraft. In august 2011 airasia and mas, malaysias national carrier, announced a partnership called the comprehensive collaboration framework, whereby a share swap deal was agreed between tune air, the owner of airasia, and khazanah nasional, the government backed investment arm owner of mas. The airline now serves 14 destinations across asia, australia, and the middle east with flights to an additional destination, namely busan, commencing in july 20. Airasia and now potential entrants now less threat because more touristseducated people are willing to pay for cheap flights with guarantee of safetyless luxury most busiest routs airasia shouldnt compete with national routes but international routes example.
Airasia x is the only longhaul lcc currently flying the europeanasia pacific corridor. Airasia x launches its initial public offering ipo prospectus. Serious investing has written about it on his blog. Usage of the airasia website states your compliance of our terms of. Airasia x s operating margin slipped to a negative 19% in 2q2014. Jan 22, 2017 airasia, the malaysian budget carrier, has denied wrongdoing after an inquiry into corruption at rollsroyce found that the uk engine maker failed to prevent its employees from bribing an airasia. Prospectus on the main market of bursa securities was also. Data and information provided on this site is not warranted, it maybe incorrect andor incomplete. Crescent air asia investments, ltd caal and deucalion capital ii. Airasia x offers flights on the airbus a330300 aircraft on routes. Malaysia airasia 2001 thailand airasia 2003 indonesia airasia 2005 airasia philippines. Sep 25, 2014 airasia x is the only lcc on all 22 of its routes although it does compete against other lcc groups on several connecting city pairs. Strengthen the airasia brand and maintain high customer satisfaction.
Airasia x profits have been rare but it is a very diverse story. This website is owned and operated by airasia group berhad airasia. With his 25 years experience in aviation, he was instrumental in setting up our pilot operations and training. Airasia soon emerged as the largest domestic airlines in malaysia with the expectancies of over 18 million passengers in the year 2007. I am currently an authorised examiner on the a330 and enjoy every moment of my duty whether flying. It started in 2007 with the aim of expanding operations of the parent company, air asia. Dated january 16, 2012 b1 index to financial statements f1 you should rely only on the information contained in this offering memorandum in making an investment decision with respect to the securities.
May 31, 2014 this is an article i posted june 20, before the ipo of airasia x the company ipo at rm1. Kl stock quote, history, news and other vital information to help you with your stock trading and investing. Please download the free adobe acrobat reader to view these documents. Growth rates could pick up again in 2016 or 2017 if market conditions improve.
The prospectus for the forthcoming ipo for airasia x, a separate business from airasia, shows that the lowcost longhaul model can be. Depositary receipts prospectus a1 annex b report of the aviation consultant. On tuesday, the groups longhaul unit, airasia x bhd swung to a net profit of 11. Its has links and content reorganized to aid assistive users and has controls at the bottom under assistive options that allow you to control key aspects such as font size and. Airasia x operates a core fleet of 29 a330300s as at march 2016, each with a seat configuration of 12 premium flatbeds and 365 economy seats. Airasia berhad incorporated in malaysia with limited liability under the companies act, 1965 company no. The airasia story icaocaac symposium on low cost carriers 5th november 20 1. We have one of the highest ancillary revenue per passenger levels llary products seat fees flythru fees pickaseat upgrade travel option. Airasia proposes rm1b sukuk home of the global sukuk industry. The airasia story international civil aviation organization.
Airasia x s inaugural route was from itshub in kuala lumpur to the gold coast in australia. The carrier commenced services in nov2007 but financial information released as part of the prospectus only dates back to 2009. But cost controls and productivity improvements have resulted in lower staff, sales and marketing costs. Capt paramjeet was seconded to airasia x from airasia when our airline was just being established. Ambitious capacity expansion has come just as market conditions deteriorated, impacting yields and profitability. With its partnerships with various lccs, the corporation performed well enough for its longhaul regional services. These included 9 airbus a330s and two airbus a 340s. Prospectus the total document has 492 pages in pdf format, a huge amount that is very hard to digest but which is unfortunately quite common in malaysia.
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