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Old 10th Jun 2010, 10:30
  #12 (permalink)  
flightleader
 
Join Date: Dec 2004
Location: 4 seasons hotel
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Good for consumers? Think again!

AirAsia X listing under study

AirAsia X may list in HK or US

The 4 individuals that hold Aero V are using AAX as a vehicle to make big bucks for themselves riding on AAsia's fame. Assuming 48% stake in AAX is shared among all four equally,12% each. Virgin group,AA only 16% each. Orix and Manara only 10% each.AAX is using AA infrasture in all ways. Engineering equipments,pax reservation systems,etc. Oh yes, how about Tune money,Tune hotels,Tune talk.....guess who own these companies that using AA as a brand and use AA customers base to establish these companies?

They're gonna list overseas because easy money compare to local stock market. They want big money!! Not giving you a free seat!! If they want to benefit the travelling public, they'd give more free seat!! Dishing out a couple of cheap seat which otherwise would have gone unoccupied actually attracts all rush snap up the seats allocated for lower fares. Thus filling the a/c fuller and the higher fare seats get sold too!!

Their pilots are not following FTL scheme base on CAP371 recommanded by DCAM. I sure hope DCAM wakes up to this soon before someone losses their lives!!

....and some still think this is good for consumers!!
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