Should you invest in AirAsia X IPO? Don’t get trapped people and read this important info!


I think I’ll say “X” to AirAsia X’s IPO

The draft to SC just published. I had a quick view to see how this low-cost long haul airline is doing and for the IPO, would it be attractive. Let me provide some of the numbers which I have captured.

Still loss making despite profits in FY2010. Seems like FY2012 will not be a good year either. Note the deferred taxation in earlier years of FY2009 and FY2010

Notice the tapering off in revenue especially for FY2012. This could be perhaps due to the moving of routes from London, Paris, Christchurch to other shorter lower priced destinations like Sydney, Osaka and Beijing. It seems that competition is different for Airasia X. Airasia, the parent had a good headstart of competing against a poorer and weaker MAS. However, probably for the long haul, competition is different. It could be against many other airlines which uses Malaysia as hub. They could also be of much stronger competitors as compared to MAS. AirAsia X additionally could be selling more discounted price seats as compared to short haul flights.

One example, anyone who flies to Sydney, may opt for connecting via Singapore and uses SIA. In a short haul flight, if I am to fly to Bangkok, my options are lesser. No stopover for sure, hence the short haul Airasia is a very good point to point airline. In a short haul flight, a 30% lower in air-ticket price is an important decision making factor for someone to choose.

For a longer haul flight, it will be harder for AirAsia X to reduce costs as the major cost, it seems is fuel costs – up to 60%, which is a major problem for a low costs airline as it is much harder to reduce that part of the costs. Ancillary revenue does not seem to be a major factor than I thought it would. As much as Airasia X is trying to sell the extras, I think it does not translate to enough income yet for it to turn into good profits.

On its major costs, See below.

Balance Sheet

For Airasia X’s balance sheet, it will be looking for immediate cash (similar to the IHH’s IPO symptom) to beef up its balance sheet. In fact, more than 55% of the funds to be raised will be for debt repayment. Also look at the cash level. Remember, a huge sum of Airasia’s model is based on early cash collection. Hence, it is collecting upfront ahead of its flights which would be scheduled later on. Look at the accounts payable as well as sales in advance figure (a whopping RM271.5 million against cash of just RM24.8 million as at 30 June 2012). Those upfront collected cash are parked under the sales in advance until the flights take off. The more it is in this situation, the more dire it needs to sell early and at very cheap price.

AirAsia X’s Balance Sheet is obviously not strong which is why it needs funds quick. Look at the cash level while long term debt is almost RM1 billion.

Shares on offer

AirAsia X is offering 790,123,500 shares out of which 197,530,900 are offer shares from current shareholders. According to reports fromBernama via MalaysianInsider.com, it is trying to raise RM760 million. An updated report says that Airasia X is trying to price the shares at between RM1.20 to RM1.40. Assuming it is priced at the low end of RM1.20, hence could potentially be valuing AirAsia X a whopping RM2.844 billion. That’s very expensive for an airlines which is still small although riding on Airasia’s branding.

Enlarged share capital upon listing

As in other IPOs of recent, the shares are being offered to again mostly institutions. There are only 3% on offer to retail investors. After Astro’s IPO which I think most of them are still underwater, I wonder how many will pick up – especially the MITI’s portion. Hence, people will learn that there are no free lunches in IPOs.

With the limited routes and just 11 planes in the balance sheet, I think I’ll give this a pass especially with the assumingly high price for still a loss making company.

Purchased aircraft

For any potential investors, it is a high price for purchasing hope. From here, I can say that a low costs long haul may be a different ball game. I like Airasia, but not this one although I myself like the cheap flights.

Malaysiaairlinesfamilies say the article above is well-presented and well-validated with facts after a heedful deliberation from the public. While we are providing facts-finding and conclusive reports assisting the public from being blindly and gullibly trapped in those scamming projects, please stay tune to us in malaysiaairlinesfamilies and airasiafamilies for more inputs on AirAsia’s IPO and other scams. 
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AirAsia may close down business by April 2013 for not meeting regulatory standard!


AirAsia did not meet regulatory standard?

November 23, 2012 by weechookeong

AirAsia granted 6 months to operate flights

Posted on 23 November 2012 – 05:36am

Presenna Nambiar
sunbiz@thesundaily.com

PETALING JAYA (Nov 23, 2012): AirAsia Bhd has been granted with an air operator’s certificate (AOC) by the Department of Civil Aviation (DCA) to fly for another five months — instead of a two-year period — for not meeting regulatory standards, said sources.

The current AOC is valid until April 2013.

Sources told SunBiz that AirAsia had only obtained a six-month AOC — an approval granted from the DCA to an aircraft operator to allow it to use aircraft for commercial purposes — after periodical audit findings by DCA showed shortcomings in AirAsia’s flight operations procedures and practices including flawed communications between flight operations and pilots, an outdated manual and flight operations not in keeping with the manual.

The six-month period allows for AirAsia to work with the DCA to bring its flight operations procedures and practices up to mark.

It is also understood that AirAsia’s head for flight operations has been changed due to the action.

Three key posts in an airline are nominated with the approval of the DCA, namely the head for flight operations, engineering maintenance system and crew training.

“The fact that they have not grounded AirAsia aircraft shows that it’s not a serious safety issue, but this action still serves as a warning,” one source told SunBiz.

Scheduled commercial airlines based in Malaysia are awarded two-year renewals of AOC by DCA.

In other markets, depending on the track record of the airline, AOCs can be valid for up to five years before a renewal is due.

While the audit is a biennial affair, the DCA conducts inspections on airlines at least once a year.

According to another source, a two-year renewal is given if airlines meet standards set by the regulator. Otherwise they are given a period of time, depending on the issue, to comply before a renewal of AOC is given, or it is revoked entirely.

In the event of a withdrawal of an AOC, the airline can work to meet standards set and re-apply for an AOC which will have to be approved by the Cabinet.

AirAsia and DCA officials did not respond to questions sent via e-mail, as at press time.

An industry observer said it is unlikely that AirAsia will let the situation progress to an outright withdrawal of AirAsia’s AOC, ultimately grounding its flights.

“They (AirAsia) will definitely address whatever issues DCA have and make sure they bring in the right people and fire the wrong people, because too much is at stake.”

He added that while the action taken by DCA is unlikely to have any financial impact on AirAsia as a company, it may impact its reputation as an airline and its ability to secure the best deals for financing in the future.

Stay tuned for more news from malaysiaairlinesfamilies and airasiafamilies!

AirAsia scams – More expensive than Budget Airline Competitors – Part I


MORE EXPENSIVE THAN BUDGET AIRLINE COMPETITORS

MORE EXPENSIVE THAN LUXURY FULL-SERVICE AIRLINES

Yes, the result of our first quarter 2012 Airfare Survey is in, and two of the world’s most renowned airlines, KLM & Qatar, turn out to be cheaper than AirAsia – even before any of its  ‘+++’ extras have been factored in.

Think about that for a minute. A skanky ‘cut-price’ budget airline – yes, we understand the irony in that label – is more expensive than a number of the best airlines in the world. How can shoddy AirAsia be more expensive?

Once you’re hit by a few of those extras – that passengers get for free on any full-service luxury carrier – AirAsia [US$239] skyrockets to well above KLM [US$129] and Malaysian Airlines [US$207]. Still think AirAsia is cheap?

Vs

In case you think we’re making all this up, all of the Survey airfares were submitted to – and have been independently verified by – Mr Ben Sandilands, Australia’s foremost aviation journalist who boasts thirty years of airline observation in the Asia-Pacific. The parameters of the survey are below.

This from Sandiland’s ‘Plane Talking’ regards the Airfare Comparison Survey:“A day before Air Asia X starts its Sydney-Kuala Lumpur flights a valid fare comparisons on the Air Asia Not Me website suggests that the airline will struggle to convince all but the laziest of shoppers that it is consistently cheaper at various value points. That comparison is supported by the screen grabs on the Air Asia Not Me site, never mind its reference to myself.”

Why would you fly cattle class when you go ‘first’?  Forget about that, why fly with an airline renowned for leaving its passengers stranded? Here’s an airline that is insolvent that will not – or can not – refund passengers after deserting them on the French, UK, India and NZ routes in 2011-12.

A few moppets – probably AirAsia employees – in the Lonely Planet and Trip Adviser forums suggested the 2011 Survey wasn’t a fair comparison, that we had conducted it immediately before Christmas when all AirAsia ‘cheap’ tickets had been snapped up. By that logic, the various full service airlines’ cheaper tickets should have been snapped up too, but what the heck.

“AirAsia +++”

Notice our plus symbols “+++”? That means the AirAsia price – which was already a couple of hundred dollars more than a full-service airline – is not even ‘all in‘. You still had to choose seats, so you could sit with your family. Of course, you had more than carry-on luggage, so that was going to cost you dearly. It’s not a short flight, so you probably needed some sustenance.

For a family of four, we estimate that is going to add another A$1000-1500to your cattle-class flight. All free, including legroom, on a full-service.

So, we decided to conduct this NEW survey, pricing tickets nine months before takeoff. Presumably this one plays to the strengths of AirAsia, where you have many months to book the ‘cheap’ AirAsia tickets. And the result?

Those prices at the head of this article, well, they are the prices you get when you book AirAsia early.  AirAsia are already more expensive than full-service carriers. And those fares rely upon their extremely limited promo tickets. It all goes downhill from here. Check again in September!

Let’s try comparing apples with apples. We will level the playing field by showing the airfares to include the ‘extras’ that AirAsia charge for, but that don’t show up in an initial head-to-head comparison of basic fares. Consider that renowned airline, Qatar Airways, is already  cheaper Singapore to Bali than AirAsia, before they start piling in the added extras at hugely inflated prices. Why fly unsafe, badly maintained AirAsia, rather than luxury Qatar?

You’ve seen the 2011 Survey result for Singapore to Perth at Christmas where AirAsia was easily the most expensive. Ready for another one? It’s a choice between British Airways and AirAsia on the Singapore to Perth route.

This time, the only ‘extra’ AirAsia could slug us with was that we included a suitcase weighing 25kg. So, how does no-frills cut-price AirAsia hit us for additional costs this time around? You’ll love it. This is so bad, it’s funny.

Firstly, AirAsia passengers must make a stopover in Kuala Lumpur [… so you actually start the journey heading in the opposite direction to your destination], while the British Airways jet is half way to Perth. But the funniest part is that they then charge you extra for the plane change in KL.

Yes, they charge you four separate times for your baggage – once for the leg from Singapore to KL, and then again from KL to Perth, and same on your return. No, we’re serious. In the end, AirAsia charge S$120 for something BA give you free. Plus British Airways is easily cheaper than AirAsia overall.

So, as you inconveniently overshoot Singapore on the return journey for another plane change in KL, ask yourself if AirAsia was a terrific idea. British Airways offered you a generous luggage allowance, along with food, alcohol, seating allocation, inflight entertainment and terrific service.

And what is full-service comfort? Is it the free food and booze? Maybe it’s the inflight entertainment and extremely spacious seats, or the fact that you chose your seat for free? Maybe it’s something as simple as asking for a blanket, a newspaper, or a coloring book to entertain your children. Pragmatists would enjoy the fact that flights arrive and depart on schedule.

Of course, you’d never find KLM cancelling routes and failing to honour refunds after months of passengers going out of their brains. Take some time and read our articles on AirAsia dire financial status which might suggest why the airline is charging like a badly wounded bull.

THE SURVEY *

The independently verified Holiday Airfare Survey was conducted on Friday 30th  of March, with all flight searches being made online 10am – 5PM. In each instance, the lowest economy fare offered by each airline was the one selected and featured in the survey – all fare data was taken from each airline’s own website, not from airfare aggregators such as Expedia.com. For all holidays there was a standard departure date of 05/12/2012 and return of 31/12/2012, though the actual arrival and departure times obviously differ among the various operators, departures are strictly kept within 24hours. Screen captures at the base of this article evidence each. The term ‘inclusive’ means an ‘ounce for ounce’ comparison with, say, baggage allowances being allotted at the same weight that the full-service airline allocated to passengers for free, or a seating allocation was included. Optional insurance or extras like ‘comfort kits’ were not included in what were the ‘extras’ that AirAsia charge for and full-service carriers routinely offer free.

Another piece of regrettably inaccurate, yet ironic,  AirAsia communication.

The Screen Captured Evidence

Kuala Lumpur – Jakarta
KLM & Malaysia Airlines Better Value than AirAsia
Kuala Lumpur – Singapore [Budget Airlines]
Tiger Airlines Better Value than AirAsia
Melbourne – Singapore [Budget Airlines]
Jetstar Better Value than AirAsia
Perth – Bangkok [Budget Airlines]
Tiger Airways Better Value than AirAsia
Perth – Kuala Lumpur [Budget Airlines]
Tiger Airways Better Value than AirAsia
Singapore – Bali [Full Service Airlines]
Qatar Airways Better Value than AirAsia
Singapore – Perth [Full Service Airlines]
British Airways Better Value than AirAsia
Our work is to expose AirAsia’s scams including Tony Fernandez’s naughty naughtiness; we certainly do get to receive many threats from Tony Fernandez posted as anonymous commentators. Finally, this mail was received recently and directly from Tony Fernandez himself. There he goes…..this oldest small boy is crying to the police of our work in exposing his scams and his other syndicates activity. Should the police be investigating upon our site; we strongly believe the police would find loads of very interesting allegations that might be tempted for them to start investigating into Tony Fernandez’s criminality acts. So good luck Tony Boy; you sure need some whacking on your naughty naughty ass.

Why AirAsia needs to launch IPO spree?


What is Initial Public Offerings (IPO)

IPO stands for initial public offering and occurs when a company first sells its shares to the public.

An IPO or Initial Public Offering occurs when a private company such as AirAsia offers up shares of its company for sale to the public, who by purchasing those shares own a piece of the company. Small private companies with yearly revenue of less than RM4 billion carry out IPOs to raise capital for growth and expansion, while well-established private companies have IPOs to become publicly traded and even bigger. For example when Rupert Murdoch’s News Corporation went public, it sold about a 19% stake of the company to raise almost $3 billion.

This really means AirAsia intends to raise at least billions of ringgit to settle its soft loan taken from CIMB. Rumour also has it AirAsia is given time to improve its Flight Operatives and safety performance by Department of Civil Aviation Malaysia till March 2013!!!

Can it be so coincidence or perhaps Tony Fernandez needs a huge instant capital to settle his on going huge court cases???

The rich knight – Sir Richard Branson has already dumped 10% of AirAsia shares – the only reason he knows to himself why he left AirAsia and a while later – Tony Fucker came out with ideas to launch IPO spree for AirAsia!

We knew something is boiling with the hush-hush plans by Tony Fernandez. We also heard a movie is ongoing – “A sugar and a trump” for telling another lies to the public about the already damaged reputation of Tony Fernandez.

Ah…..we don’t believe DCA would have suspended AirAsia even though its flight operatives is not updated or has improved; but we do believe DCA can be easily bought with a certain percentage of shares and some goodies that comes with privileges from AirAsia. Nah…fooling the public DCA is the hero???

Everyone know they were the cause to all the problems where being the safety guardian that’s condoning AirAsia’s current safety standards particularly ignoring the fact on its Pilot and cabin crew have been exhausted without proper regulation because of DCA’s good jobs. Check up our next post about how Lipas man was asked to meet with Director General of DCA at this time by Tony Fernandez – it’s only the showtime!!! They’re all belong to the same gang of AirAsia – tried playing opera games in the eyes of the public!!!

It’s an obvious strategy for AirAsia X to compete with Malindo Air.

Those investors who buy a company’s shares would also buy a piece of ownership in the company for a chance to benefit from its future profits. For the owners of a company, it means giving up some control depending on what percentage of the company is sold, opening the company up to public and government scrutiny, and being accountable to shareholders.

Yee hah….this is how AirAsia can be collapsed very easily!!! What goes around is now coming around for Tony Fernandez.

Pre-Announcement

When AirAsia decides to offer an IPO, it hires an underwriting company or companies which are usually investment banks that take on the task of researching the company about to go public, marketing the company and ultimately issuing and selling stock. In this event, AirAsia has CIMB as its underwriting company.

Once the underwriters have completed their research they take the company they are about to sell on a road show of presentations and sales spins to convince institutional investors and analysts to buy into the IPO. These large investors and not individuals are the ones who will do most of the buying and raise the company the most money. It is therefore no accident that average Joes are not invited to participate in an IPO before the first day of trading.

Public Sale

After all the hype and publicity, AirAsia will choose a date for the IPO offering which also means the public will be buying higher than that average Joes. The shares are usually offered to institutional investors and big buyers through an auction process.

After this, trading takes place for the first time on the open stock market at a starting price decided as the issue price. Depending on how well the first day of trading goes the company is able to meet its initial projections of how much capital it is expected to raise. According to CIMB; AirAsia would start RM3.51 even though its actual par value is only RM0.351 cents or based on it’s current share prices below RM3.10

Not all experts agree that investing in IPOs for individual investors is such a good idea. One reason is because individuals are encouraged to hold onto their stock for at least a month before selling, unlike institutional investors who can buy and sell whenever they want. Because of the hype surrounding an IPO, the stock price usually rises heavily in the first few days of trading and then tapers off or even falls. At the initial stage, the institutional investors can move in and out and make a killing.

Unfortunately for AirAsia’s cases; the buyers are expected to only “can” sell its shares after one year of holding if lucky and if unlucky; the buyers would need to hold it longer and may suffer after Malindo Air takes over AirAsia.

For the individual investor, especially one interested in investing for the long term, the best time to buy is not necessarily at the IPO stage but when the excitement has waned off and the price has fallen. A month or two later will be just as fine. Of course there are rare exceptions.

You can find more information about IPOs, particularly why investors have difficulty getting shares in an IPO, the pricing differences between the IPO and secondary market trading, abrokerage firm’s IPO eligibility requirements, IPO’s, and Lockup Agreements.

Stay tuned to be informative via malaysiaairlinesfamilies!

We’re currently monitoring Ahmad Jauhari’s next move to terminate 5000 MAS workers not sparing any of its world renowned best cabin crew and best engineering workers. We won’t be surprise if MAS Pilot would not be spared in this killings too!!! Is MAS Unions and Associations still in sleeping mode?

The Confused Principle of Anwar Ibrahim’s supporters


Posted on November 16, 2012 by Jebat Must Die

“What he does privately is none of my business”

“His sexual preference is not important to me”

Ever since the stories of sex videos and sodomy charges have haunted Anwar Ibrahim’s political career, how many times have we heard the statements above from his rabid worshippers? Too many times I suppose.

These sycophants, who portray themselves as rational and very lucid in their opinion, are saying that whatever Anwar Ibrahim does privately, is none of their concern. It’s his politics, performance and policies that they would keep an eye on.

Actually, that is a logical stand. After all, whatever someone does behind close doors should remain private. Right?

But behind this naive consideration of his private life, lies a critical underlying message – that all his worshippers, who muttered those words, are actually accepting his abnormal sexuality.

They are actually implying that they believe he did all those things i.e., the sexual tryst in the sex video, the sodomy act etc. Otherwise, why say it at all? Regardless, these statements from his fans will always arise whenever the subject was broached.

But there is one thing that doesn’t jive with the beliefs of his supporters; Anwar Ibrahim  never admitted in doing all those things. In fact, Anwar Ibrahim vehemently denied all sexual misconducts. He even made police reports against all the whistleblowers of his wrongdoings.

For all the video evidence, he could never admit it. His only strength is his supporters’ lack of brain power to think analytically.

Even after experts from US had confirmed that it was Anwar Ibrahim in that video, he remains unrepentant and shameless and completely incapable of confessing his misdeeds. Thus, we come to the quintessential question to his fans – how can you reconcile and justify your belief (that he did all those awful things albeit, privately), to the fact that Anwar Ibrahim has no qualms in lying to you about it?

If you think he does it, then aren’t you offended that he chose not to own up and face the music? What kind of leader are you supporting? Someone who is not honourable enough to do the right thing and have an ounce of integrity and accountability to tell the truth?

Don’t you want a leader with integrity and accountability first and foremost? Policies, performance and politics is useless if you don’t have these two leadership traits.

Many leaders around the world resigned from their post when their illegal sexual affairs came to light. But it seems, for Anwar Ibrahim’s case, double standard is applied  generously by his adoring fans.

Could it be that the moral standpoint of his fans have somewhat deteriorated? Probably the definition of ethics has changed when it comes to Anwar Ibrahim, and what’s worse  this is acceptable for his fans.

If you are championing an unethical person, verily it shows a lot about your own ethics.

At this point it seems the unprincipled lot are wholeheartedly supporting the shameless leader. Incredibly, the fans and this shameless leader, often touted as “God’s gift to Malaysia” have kept telling themselves that they want to save Malaysia.

Their priority however, should be saving themselves first.

In our course of exposing our enemy within our region; sadly we found out in Malaysia Airlines; many confused workers are as confused as Anwar Ibrahim’s supporters who know Anwar Ibrahim is a traitor but blindly continue to support Anwar Ibrahim thinking change is necessary in Malaysia politic.

What these workers didn’t realize is Anwar Ibrahim was the real mastermind of the share swap strategy that’d caused pains for many! MAS workers should wake up and smell the real roses!!!

Before Anwar Ibrahim kills you all; take a good look at his mastery skills which is lying straightforwardly before your eyes.

Anwar Ibrahim will be a gay Prime Minister that will not lead well because he’s not straight in principle; always lied to cover up his dark side. More so when he’s collaborating with George Soros nowadays. George Soros is a Jew and Anwar Ibrahim is a muslim – what will be the outcome of these two collaboration? You judge yourself and if you’re confused MAS workers; wake up before you’re outta jobs when George Soros brings in more of his army to take away your jobs under Anwar Ibrahim’s leadership.

Are Malaysians ready for a traitor to be our Prime Minister? Choose wisely our fellow Malaysians.

Stay tuned to malaysiaairlinesfamilies for more stories!!!

Now Everyone Can Sue AirAsia for delaying flights!!!


Nowadays all passengers are provided with legal platform to claim for compensation on any delayed flights above 3 hours. This news will encourage many AirAsia`s passengers to submit claims for compensation. Finally, whatta great news for victims of AirAsia.

November 14, 2012 by weechookeong

Civil Aviation Authority of United Kingdom or CAA

CAA Advice To Passengers Hit By Long Delays

Date: 23 October 2012

A judgment today at the European Court means passengers will now be able to claim compensation from airlines for delayed flights in some situations. Following the judgement, the UK Civil Aviation Authority (CAA) is offering new advice to passengers in the event their flight is delayed.

Today’s Court of Justice of the European Union (CJEU) judgment in the case of TUI Travel and others v CAA confirms that passengers whose flights arrive more than three hours late may be entitled to compensation for the delay in line with EC Regulation 261/2004, unless extraordinary circumstances, outside their airline’s control, delayed the flight.

The right to compensation for delayed flights is not set out expressly in Regulation EC261/2004, so TUI and others brought the case, which has now clarified the situation. Today’s judgment offers clarity for consumers and the industry.

The CAA has now updated its Passenger Portal – a dedicated passenger advice section of its website – to ensure that people have access to clear, unbiased information about their rights and what they should do if they have a complaint. Access the advice here.

Iain Osborne, CAA Director of Regulatory Policy said, “Every year around 200 million passengers travel on two million flights to and from the UK, with the vast majority experiencing no problems. However, when something does go wrong, there are regulations in place to protect travellers, and the CAA is ready to ensure companies abide by them.

“Today’s judgment from the Court of Justice of the European Union offers much needed clarity for passengers, the airline industry and the CAA about when compensation must be paid following delays.”

As the UK’s enforcement body, the CAA provides a free mediation service to any passenger having trouble resolving complaints against airlines or airports. Before contacting the CAA, passengers should contact the airline first, to give them an opportunity to consider their claim.

More information about the CAA’s Passenger Advice and Complaints Team.

The European Union is separately reviewing provision of assistance and compensation to passengers under the EC Regulation 261/2004 rules. The CAA looks forward to playing a full part in that review as it progresses.

The CAA’s Passenger Portal can be found at: www.caa.co.uk/passengers.

For further media information contact the CAA Press Office on: 0207 453 6030; press.office@caa.co.uk.

Follow the CAA on @UK_CAA.

Notes to Editors:
1. The Court of Justice of the European Union (CJEU) judgment can be found here: CJEU Decision.

2. Today’s judgment confirms a previous decision by the CJEU about the right to compensation for lengthy delays in the case of Sturgeon v Condor Flugdienst GmbH and Bock and others v Air France (19 November 2009).

3. The High Court in the UK (alongside the German High Court) asked the CJEU for further interpretation of the judgment given in the Sturgeon case following a challenge by several airlines to the CAA’s willingness to enforce claims for compensation for delays.

4. Flight cancellations occur for a variety of reasons, some of which are outside the control of the airline. The right to financial compensation does not apply if the airline can demonstrate that the reason for the cancellation was an extraordinary event and was outside their control. Extraordinary circumstances vary from case to case but could include problems like extreme weather conditions or strikes. Even if there are extraordinary circumstances leading to a cancellation, you are still entitled to care and
assistance including food, drinks and hotel accommodation where appropriate.

5. The CAA is the UK’s specialist aviation regulator. Its activities include: making sure that the aviation industry meets the highest technical and operational safety standards; preventing holidaymakers from being stranded abroad or losing money because of tour operator insolvency; planning and regulating all UK airspace; and regulating airports, air traffic services and airlines and providing advice on aviation policy from an economic standpoint.

Our small claim court has also made a similar decision against AirAsia for flight delay/cancellation in “Now Everyone Can Sue.

Stay tuned to malaysiaairlinesfamilies for more stories on AirAsia Tony Fernandez`s scam and fraud practices.

Tony Fernandez hates Diwali Celebration because he thinks he’s English


TUESDAY, NOVEMBER 13, 2012

No Diwali wishes for Tony Fernandez 

First things first.

Happy Diwali to all my Hindu Malaysian brothers and sisters. May the lights of Diwali strengthen our resolve to let good triumph over evil, right triumph over wrong, truth over lies and slanders, charity over greed, and peace and serenity over loud and chaos.

The last two are not usual Hindu wishes. It is just us adding our own wishes to save the soul of Tony Fernandez. We would have wanted to wish him Diwali but a commentator told us that Tony Fernandez hate to be wished Diwali.

Some commentators viewed our bitching of Tony Fernandez as racism against Indians. Do perish such thoughts.

He may gained the help of tycoon Ananda Krishan to get the appointment with Tun Dr Mahathir to sell the idea of them buying Air Asia from Hicom in those days. But it has nothing to do with his Indian blood or something for the Indian community.

Tony Fernandez is British and a Christian. Can’t you notice his English accent? 

That is the reason he bought QPR and is ever willing to languish near the bottom of table and currently at the bottom of the English Premier League. Never mind that his father is a Cristang (Malaccan Portugese descended), he likes to believe his motherland is Britain.

Unfortunately, the British Spots Channel still described him as Malaysian tycoon. Given to us, we would have liked to call him a TY–CON, but we’ll be insulting our friendly and pleasurable neighbour, the Thais.

Perhaps, MyCon is appropriate. It should remind him of his MyTeam and how he stabbed Khairy in the back at the end of father-in-law’s premiership after benefiting so much.

malaysiaairlinesfamilies says “True Malaysian Indian and Hindu won’t do that because we’re civilized 1 Malaysia unlike Tony Fernandez he’s not civilized yet”.

Tony Fernandez is just following his role model of Richard Branson mastery gimmick who are usually subtly conniving in their manouvre and heartless at the end to deliver the final kill. He emulated and copied the British bloke turned knight, Sir Richard Branson although the man bailed out on him.

Tony Fernandez is a Christian.

Make no bones about that. The sports pages are reporting that he will decide on Mark Hughes future as coach after Christmas and the Boxing Day’s line of fixtures.

Not after Diwali.

Ah … Tony Fernandez! Does he thinks his low caste (class) carrier concept ….opps sorry, we meant to be low cost carrier concept works in the English premier League?

AirAsia is truly a LOW CLASS AIRLINES with that of LOW CLASS MENTALITY like TONY FERNANDEZ running it. So technically, TONY FERNANDEZ is a LOW CLASS MY-CON with cheap bastard public behavior – compliments from us in malaysiaairlinesfamilies.

It doesn’t even work for Long Haul flights and soon Short Haul flights will die of natural death.

As a Christian, Tony Fernandez should be open to other faith. He needs all the blessing from the lights of Diwali in his struggle against evil, wrong and lies. And he needs more blessing to maintain peace and prosperity for himself.

Latest news – Khairy is no more there to open door for him. He can boast of the Indonesian market but it is not working out. His other Air Asian is not as superb as the Malaysian market that still entertained the crap he gave on others.

Tony Fernandez is getting restless. He wanted to see the Prime Minister but the man is uninterested. So he goes for some of the PM’s officers, but refuse to be given time for him.

So Tony Fernandez had to resort to using his Melayu chai, Ali Bakar.

In that meeting, things do not go down well with Tony Fernandez. Serve him right for playing out that number of Malaysia Airport. Now the Government of Malaysia do not trust him anymore after a video was recorded against Tony Fernandez whacking Bashir for not following his orders to exempt tax for his AirAsia. This time, we heard the years of tax exemption Tony Fernandez asked from Bashir was 20 years FREE OF TAX. Man…that’s a huge saving for AirAsia where Tony Fernandez will continue to pocket all taxes paid by AirAsia passengers.

Forget about building that 10 storey building as high as the control tower at KLIA to mark his presence. [Read Rocky Bru here.]

This idiot doesn’t get it, does he? Or is he too low class to understand English? Sounds like low class educated Dr. Tony Fernandez. Doctor with out foot!!!

Khairy is no more in government to help him. There is no more Dato Chan Kong Choy to help him. He is more concern of his court case than fighting for Air Asia’s interest.

With his Batavia Air deal tanked and back home, Malindo Air is going to compete in his turf, Tony Fernandez has no story to tell the world. Air Asia X on expansion? Kah kah kah …. is Tony Fernandez very sure about this?

Low cost around the world in 8 days? That is 10 times faster than Phileas Fogg’s feat at the turn of the 19th century. Only The Star would try sell such story for their program sponsor.

The grapevine is saying that in his desperation, Tony Fernandez has resorted to dirty play.

Since Dato Najib refused him, he is using opposition cybertroopers and Tony Pua to spread rumours that Malindo Air got the liecense to operate from Kuala Lumpur because Dato Dr Jamaluddin Jarjis is a shareholder of NADI and indirectly linked to Malindo Airlines.

Why stop at Tony Pua? Tony Fernandez should also used the other soiled whistleblowers like Rafizi Ramli, Nurul Izzah (the KY Jelly’s daughter) and Dr Dzulkifli Ahmad.

Neither JJ nor his son sits as member of the Board of Directors of NADI or Malindo Airlines. JJ’s company DZJJ used to be shareholders of Airod but it has been diluted substantially and Tan Sri Ahmad Johan is the majority shareholder and the current driver seat.

Do your homework la, Tony Fernandez.

JJ owned Airod when he was not in government but as a corporate businessmen. The least he could have spin was say that DZ of DZJJ is Daim Zainuddin. Then he would helped opposition get themselves in a mess of a spin.

Tony F calling Lion Air an Indian

Tony Fernandez is also going around using opposition leaders and cybertrooper to question Lion Air’s safety record. Thanks Tony for making opposition looking pea-brained and stupid.

If they not had a safety record, Lion Air would have asked for majority and NADI would not have been roped in to undertake majority stake in Malindo Airlines.

Read this episode on Bigdog’s here.

For Tony to question Lion Air’s safety record, he should look in the mirror and try to convince himself that Air Asia is also safe to fly with.

Bigdog’s here reported that:

The market is buzzing about the story that Air Asia received a very stern letter from DCA with regards to their operations. Apparently, the alleged DCA technical audit report dated 26 September had these findings:

1.0. ‘Flight Following’ which is the Communications between Flight Operations and pilots are flawed. Issues raised have not been addressed properly 2. There are failures detected in the Director of Flight Operations discharging his duties:

2.1. It is believed that the operations manual has not been updated

2.2. The execution of the flight operations is not in accordance to their manual

3.0. There is a management system failure where the lower graded staff not executing their task in accordance to the flight operations manual.

It was said DCA recommended the Air Asia’s Flight Operations and Director of Flight Operations be reviewed. As such, it was said in certain quarters that on 1 October DCA only renewed Air Asia’s Airlines Operation Certified (AOC) for six months.

It will be reviewed only after all the issues have been addressed and resolve. Air Asia should quickly mitigate all these. If their Flight Operations people are not the right people, then they have to review the team as per the said DCA recommendations.

All these got to be implemented very quickly, as Flight Operations is the heart and cardiovascular system of any air carriers.Our kaki inside MAHB, who is a former DCA man, confirmed.

It reminded us of an airline joke of Air India getting into engine trouble on flight over water. The captain requested passengers that can swim to be on the right side and those that can’t swim to move to the left.

He gave instruction to the passengers on the right side of what to do when the plance crash-land into the water. And he wished those on the left, “Thank you for flying Air India.”

For those travelling by Air Asia over the Diwali holidays, make sure you can swim.

Happy Diwali to Tony F. Boy, you sure need it.

Article hijacked from Another Brick in the Wall but we added a bit of spice for Tony Fernandez who happens to be our regular reader too. Yeah…we know you’re reading us Tony Fucker Fernandez. Happy belated Diwali to you again!!!