Move strong to 10.24 on short cover then again short in last 30mins, no trading for this invest for potential earning recovering due to low oil and spin off sia eng divestment.
Crashed shortly after takeoff.
When cheap can be cheaper, impossible to get cheapest but if ur entry is nearer to lowest u win when stock recover. Currently ah moh banks actively shorting sg blue chip on us election uncertainty and major funds alll handoff equities till election over. Wait for window dressing after sia 1h17 out this thur, as all know low oil help sia when oil hedge expires huge saving pop from no where. Hope sia divest away sia eng to third party then all would get big big special dividend. SIA eng market value 4b , 1.2b shares@3.70 77% hold by SIA. Noone buy now as all scared on trump sudden death victory, that why sgx no life
Monday, 31 October 2016
AirAsia' s Fernandes sees a different airline industry in 10 years
BY TEE LIN SAY
AMSTERDAM: Ten years from now, the airline industry would be more focused and different types of airport and consolidation would take place, said AirAsia Bhd Group CEO Tan Sri Tony Fernandes.
Fernandes also hoped it would be a much nicer experience to travel, where there would be a lot less processes and long waiting queues.
&ldquo Data and profiling should be able to capture the information of a passenger, hence requiring a lot less administrative immigration issues,&rdquo
&ldquo I&rsquo ve been going to Heathrow for the last 20 years, and they ask me the same question everytime. They know me by now!&rdquo said Fernandes during the CAPA-ACTE Global Summit.
Established in 1990, CAPA stands for &lsquo Centre for Aviation&rsquo which is the leading provider of independent aviation market intelligence, analysis, reports and data services worldwide.
On a more serious note, Fernandes said that the airline industry is now at an inflection point.
Airlines have to decide whether or not they want to be full service carriers or low cost carriers.
They cannot do both.
&ldquo The mistake of airlines now is that they want to do everything on their own. This will be a disaster.
&ldquo You can make money whether you choose to be a Perodua or a Rolls Royce,&rdquo he said.
As a result of the airline carriers being more focused, Fernandes also foresees different types of airport in the future.
This is because the needs of a passenger who travels business class is very different from those who travel low cost.
In terms of consolidation, Fernandes expected the emergence of one to two super carriers moving forward.
&ldquo Does Asean really require 10 national carriers? I think moving forward, you won&rsquo t have a Thai Airways or a Laos Airways for example, but there will be a merger of some sorts,&rdquo he said.
Fernandes also did not believe in the airline industry being cyclical, particularly for low-cost carriers. &ldquo It&rsquo s how you manage your business,&rdquo he said.
Fernandes added that the airline industry was probably one of the most highly-regulated industries in the world.
With so much government involvement, it&rsquo s not surprising why most airlines historically generate very poor return on capital.
&ldquo We shouldn&rsquo t be nationalistic and encourage too much protectionism. As long as an airline brings economic benefits to a country, it should not matter where that airline comes from,&rdquo said Fernandes.
He pointed out that the good thing now was that governments were starting to view tourism as a positive and significant economic driver.
Now on par with budget airline liao .... haha ....
reaching new lows 🙂 cheap !!
reaching new lows 🙂 cheap !!
90% chance hillary would win unless something big happen before us election.
Hillary will be the first woman president, got husband as advisor and related work experience in government area
First Catholic was 50+ yrs ago. First black moving out soon n in wld probably come first woman. No Hispanic has yet ..... So, when first Asian/Chinese Americano? Probably not for some time yet, I' d think.
It is time the american asian or american chinese to come forward to lead US ?????
It will never happen, to be a President in US, u need alot of money and people power
It is time the american asian or american chinese to come forward to lead US ?????
Now sky-diving. Spectacular Spore Air Show .....
4th November report earnings?
4th November report earnings?
First Catholic was 50+ yrs ago. First black moving out soon n in wld probably come first woman. No Hispanic has yet ..... So, when first Asian/Chinese Americano? Probably not for some time yet, I' d think.
It is time the american asian or american chinese to come forward to lead US ?????
It is time the american asian or american chinese to come forward to lead US ?????
His trumpet chow yim liao ....
Trump will not be President, the latest polls estimated he is losing
