If you are a great financial planner, there is one way to prove your salt - obviously it is planning ahead. And one big part of our life is vacation or holiday time. And a prudent yet clever financial mind can reap the benefits of a delightful vacation shaving thousands of the main cost of travel - the air ticket itself. How? Plan ahead. Think ahead. Observe the market. Trends. And one trend laid out well is AirAsia's promotion.
Sometimes it is a BIG Sale sometimes it is a ZERO Fare, or FREE flights to anywhere in the routes list.
Read further indepth report and tips:
http://artofyourmind.com/news/travel/as-predicted-free-airasia-flights-2013-tickets/
Financial Analysis Megatrends Travel Around Asia on AirAsia. Now Everyone Can Invest.
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Showing posts with label AirAsia. Show all posts
Showing posts with label AirAsia. Show all posts
Friday, September 14, 2012
Sunday, April 10, 2011
KL International Airport to double its size to 6750 acres
Malaysia Airports Holdings Bhd (MAHB) has outlined more details of the Kuala Lumpur International Airport (KLIA) Aeropolis development project.
In its FY10 annual report released yesterday, MAHB said it had enhanced its development master plan by incorporating development planning into high-potential areas that were not earmarked for future airport expansion based on the updated National Airport Master Plan (NAMP) study.
“With this enhancement, the total area for development within KLIA Aeropolis will be enlarged to 6,750 acres from the previously planned area of 2,730 acres,” it said.
The airport management company also said it was asking the government for an extension of the lease for the land identified for development to 60 years from the current tenure of 25 years.
MAHB said it had commenced the first phase of the commercial development by opening up a 50-acre (20ha) site to accommodate a factory outlets centre, food and beverage (F&B) mall and an auto city or auto mall to enable local and foreign automotive dealers to leverage on the high advertising value at the international gateway.
It added that earthworks on the site were on-going and scheduled to be completed by mid-2011.
The group said upon the targeted completion of 2013, the proposed factory outlet centre would be a new retail destination for the country and region.
“Its strategic location within the airport boundaries, coupled with the availability of budget airlines, will not only attract local shoppers but also regional shoppers to the area, thus increasing the country’s tourist arrivals,” it said.
Additionally, MAHB said it would study the expansion of the logistics and warehousing facilities at KLIA, to utilise the existing low-cost carrier (LCC) terminal building upon the relocation of low-cost carrier operations to KLIA2.
The KLIA Aeropolis was part of MAHB’s quest to develop its vast landbank at KLIA. The development project was intended to transform KLIA into a diversified airport city, providing significant opportunities including employment, leisure and tourism.
“It will also feature the KLIA MSC-Free Zone which will have space for high-tech, high value, time-sensitive industries, a logistics or warehousing centre and commercial business premises,” it said.
The KLIA Aeropolis would also house golf courses, a boutique hotel and a theme park as well as agro-tourism tracts of land.
MAHB said the proposed development components of KLIA Aeropolis included a commercial business district which included office parks, retail or commercial centres, a medical centre and training centre complex.
In its FY10 annual report released yesterday, MAHB said it had enhanced its development master plan by incorporating development planning into high-potential areas that were not earmarked for future airport expansion based on the updated National Airport Master Plan (NAMP) study.
“With this enhancement, the total area for development within KLIA Aeropolis will be enlarged to 6,750 acres from the previously planned area of 2,730 acres,” it said.
The airport management company also said it was asking the government for an extension of the lease for the land identified for development to 60 years from the current tenure of 25 years.
MAHB said it had commenced the first phase of the commercial development by opening up a 50-acre (20ha) site to accommodate a factory outlets centre, food and beverage (F&B) mall and an auto city or auto mall to enable local and foreign automotive dealers to leverage on the high advertising value at the international gateway.
It added that earthworks on the site were on-going and scheduled to be completed by mid-2011.
The group said upon the targeted completion of 2013, the proposed factory outlet centre would be a new retail destination for the country and region.
“Its strategic location within the airport boundaries, coupled with the availability of budget airlines, will not only attract local shoppers but also regional shoppers to the area, thus increasing the country’s tourist arrivals,” it said.
Additionally, MAHB said it would study the expansion of the logistics and warehousing facilities at KLIA, to utilise the existing low-cost carrier (LCC) terminal building upon the relocation of low-cost carrier operations to KLIA2.
The KLIA Aeropolis was part of MAHB’s quest to develop its vast landbank at KLIA. The development project was intended to transform KLIA into a diversified airport city, providing significant opportunities including employment, leisure and tourism.
“It will also feature the KLIA MSC-Free Zone which will have space for high-tech, high value, time-sensitive industries, a logistics or warehousing centre and commercial business premises,” it said.
The KLIA Aeropolis would also house golf courses, a boutique hotel and a theme park as well as agro-tourism tracts of land.
Wednesday, March 30, 2011
OSK positive with AirAsia and Expedia collaboration
OSK Research is fairly optimistic on AirAsia Bhd's new joint venture (JV) with Expedia, the world' largest online travel agency, as the companies leverage on each other's strengths to create synergy.
In a note today, OSK Research said the JV would give AirAsia a bigger distribution channel to market its route offering and its holiday packages in an attempt to boost ancillary income moving forward.
"This JV will boost AirAsia's ancillary income and improved margins over the longer term," it said. OSK Research has maintained its 'buy' recommendation on AirAsia at an unchanged target price of RM3.42.
"Although there is a lot of room for growth for the JV, we still think it is too early to make any upward revisions in our forecast as we have inputted a fairly reasonable ancillary income growth assumption going forward," it said.
In a note today, OSK Research said the JV would give AirAsia a bigger distribution channel to market its route offering and its holiday packages in an attempt to boost ancillary income moving forward.
"This JV will boost AirAsia's ancillary income and improved margins over the longer term," it said. OSK Research has maintained its 'buy' recommendation on AirAsia at an unchanged target price of RM3.42.
"Although there is a lot of room for growth for the JV, we still think it is too early to make any upward revisions in our forecast as we have inputted a fairly reasonable ancillary income growth assumption going forward," it said.
Wednesday, March 9, 2011
Track Flight Status and Airport Delays
With the advent of low-cost airlines such as AirAsia, RyanAir, Air Berlin, Jetstar, Tiger Airways – the way consumers use the internet to plan, search and book for these flights have increased tremendously. Similarly, the tools and information related to air travel increased complementing the demand.
One big scenario passengers dread is a delay in a flight. Or a flight been changed. Re-routed. Or simply cancelled. Yes the second most important advise is to buy travel insurance. And even yearly travel insurance cost around just 100 USD in most Asean countries.
While why not tap on our fingers and try to get the flight status of our designated flight from the comforts of the internet? My favourite site is Flightstats.com – checking on flights is a breeze.
Check by flight number, by Airline, by destination – and surprisingly very fast output and results. Can’t imagine how the underlying system works. With hundreds of airlines databases, airport databases and almost instant updates on flight delays, estimation and even expected delays. They probably have a tie-in with the weatherman!
Checking the flight your family or friend is on is also a breeze. Plus detailed estimation of arrival time.
Track Flight Status, Airport Delays and other Flight and Airport Information.
AirAsia flight delay, AirAsia flight status, flight estimation, Flightstats, Track Airport Delays, Track Flight Status
One big scenario passengers dread is a delay in a flight. Or a flight been changed. Re-routed. Or simply cancelled. Yes the second most important advise is to buy travel insurance. And even yearly travel insurance cost around just 100 USD in most Asean countries.
While why not tap on our fingers and try to get the flight status of our designated flight from the comforts of the internet? My favourite site is Flightstats.com – checking on flights is a breeze.
Check by flight number, by Airline, by destination – and surprisingly very fast output and results. Can’t imagine how the underlying system works. With hundreds of airlines databases, airport databases and almost instant updates on flight delays, estimation and even expected delays. They probably have a tie-in with the weatherman!
Checking the flight your family or friend is on is also a breeze. Plus detailed estimation of arrival time.
Track Flight Status, Airport Delays and other Flight and Airport Information.
AirAsia flight delay, AirAsia flight status, flight estimation, Flightstats, Track Airport Delays, Track Flight Status
Free 2 Weeks Homestay in Taiwan August 2011
Are you between 18 to 40? Love travelling? Love to experience some authentic lifestyle of the Taiwanese people in Taiwan? To celebrate the 100th Anniversary of Taiwan, the Council of Cultural Affairs is giving the opportunity of a lifetime to 250 individuals from across 100 countries to stay and experience Taiwan for the span of 2 weeks this August 2011.
The event aims for the international guests to find out a lot more about Taiwan and its influence on the world and at the same time, to experience the good nature of the Taiwanese culture. This event encourages international guests to travel all around Taiwan, noting down their travel experiences and share them on social media (i.e. Facebook and Twitter) so people around the world can find out more about the culture and the friendliness of the Taiwanese people.
The international guests and the world will be able to witness Taiwan’s various achievements after 100 years of development, sharing the joy of the centennial founding of Taiwan. This will open the door for the rest of the world to have more interaction with the Taiwanese people.
The main goals in which the “Republic of China (Taiwan) International Youth week - Centennial Homestay” event is looking to achieve are illustrated below:
We hope to successfully create a cheerful atmosphere for the international guests and the world to share the joy of the centennial founding of Taiwan. More importantly, by having the international guests touring Taiwan and share their tour experiences, the world will be able to witness the strong attachment that the Taiwanese people have on this land. The citizens and the government will be working together to create a better future for Taiwan and thus, will benefit the future the whole world as well.
The international guests will be able to experience Taiwan’s various lifestyles and get a taste of the most valuable characteristic of the Taiwanese people- their human touch, which will leave the visitors great memories. This will be the best way for the world to find out more about Taiwan’s soft power; together with the synergy of the integrated marketing, the world will be able to gain more know ledges about Taiwan.




The locations of the host families in this event are not only limited to one City, County or region, we are hoping that the international guests will be able to experience the real beauties of Taiwan, Through integrated internet community and effective media channel, the world will be able to witness the achievements, multi-cultural acceptance and diversity of Taiwan after 100 years of development - great for promoting for the Taiwanese tourism industry, cultural exchange and the sustainable development of other Taiwanese industries.
Participants and Eligibility:
Elite internationals aged between 18 and 40, male or female. Those who have experiences in international competitions, international events, have received awards, or have made special achievements in certain areas will have priority. Fluent in English/Chinese (either one). Proficient in using blogs, Facebook, and Twitter.
Rights and Obligations:
1) During the entire period of visiting Taiwan, the selected individuals must participate in the activities arranged by the organizer.
2) During the visit, the roundtrip economy class ticket for the international flight to and from the city of origin and Taiwan, host family accommodations in Taiwan, and transport for fixed itinerary, including local public transportation, will be subsidized by the organizer. Remaining costs for board and lodge, transportation and self-travel shall be subject to the individual. All other matters are subject to notice by the organizer.
3) During the stay in Taiwan, the participant must update the blog on the event website as well as their personal blogs, Facebook, and Twitter with text, pictures, video, photos, etc., regarding their experiences in Taiwan.
4) Within one month after returning home, at least one article must be published on the blog of the event website as well as their personal blogs, Facebook, and Twitter to share their experiences in Taiwan, or to share pictures or text regarding the Taiwanese culture, and to share their impression of Taiwan.
5) All participants must agree that all images, texts, and audio-visuals shared for this event by participants on their social media, can be utilized as promotional materials on the event website or as the event organizers seem fit. Participants must agree to not claim moral rights on the organizer or a third party who is authorized by the organizer.
Event period:
August 12, 2011 to August 25, 2011, Taiwan time (GMT + 8:00)
In case of arrangement difficulties due to international routes or force majeure, the selected participant may arrive in Taiwan before the arranged date specified by the organizer.
Closing date is 15th of April 2011.
Application Process:(NOTE: All content must be completed in English or Chinese)
(1)Personal Information.
(2)Provide a description of your proposal on how to document and publish the exciting features of the events on your personal Blog, Facebook, or Twitter to share your impressions of Taiwan. For those who have experience in using blogs, Facebook, or Twitter, please submit the relevant URL of your personal web page, or social media used.
(3)Provide a 3-5 minutes self-introduction video. (optional)
(4)Provide a valid passport at least 6 months.
(5)A letter of recommendation and relevant documents that will contribute to the selection process (limit to 5 documents per application).
(6) Access the site (http://taiwanroc100.tw/100homestay_en/default.aspx) to complete the application and upload the required documents or send the application via mail.
Win Flights 2011:
http://denzukefinance.blogspot.com/2011/03/win-free-qatar-airways-flight-2011.html
The event aims for the international guests to find out a lot more about Taiwan and its influence on the world and at the same time, to experience the good nature of the Taiwanese culture. This event encourages international guests to travel all around Taiwan, noting down their travel experiences and share them on social media (i.e. Facebook and Twitter) so people around the world can find out more about the culture and the friendliness of the Taiwanese people.
The international guests and the world will be able to witness Taiwan’s various achievements after 100 years of development, sharing the joy of the centennial founding of Taiwan. This will open the door for the rest of the world to have more interaction with the Taiwanese people.
The main goals in which the “Republic of China (Taiwan) International Youth week - Centennial Homestay” event is looking to achieve are illustrated below:
We hope to successfully create a cheerful atmosphere for the international guests and the world to share the joy of the centennial founding of Taiwan. More importantly, by having the international guests touring Taiwan and share their tour experiences, the world will be able to witness the strong attachment that the Taiwanese people have on this land. The citizens and the government will be working together to create a better future for Taiwan and thus, will benefit the future the whole world as well.
The international guests will be able to experience Taiwan’s various lifestyles and get a taste of the most valuable characteristic of the Taiwanese people- their human touch, which will leave the visitors great memories. This will be the best way for the world to find out more about Taiwan’s soft power; together with the synergy of the integrated marketing, the world will be able to gain more know ledges about Taiwan.
The locations of the host families in this event are not only limited to one City, County or region, we are hoping that the international guests will be able to experience the real beauties of Taiwan, Through integrated internet community and effective media channel, the world will be able to witness the achievements, multi-cultural acceptance and diversity of Taiwan after 100 years of development - great for promoting for the Taiwanese tourism industry, cultural exchange and the sustainable development of other Taiwanese industries.
Participants and Eligibility:
Elite internationals aged between 18 and 40, male or female. Those who have experiences in international competitions, international events, have received awards, or have made special achievements in certain areas will have priority. Fluent in English/Chinese (either one). Proficient in using blogs, Facebook, and Twitter.
Rights and Obligations:
1) During the entire period of visiting Taiwan, the selected individuals must participate in the activities arranged by the organizer.
2) During the visit, the roundtrip economy class ticket for the international flight to and from the city of origin and Taiwan, host family accommodations in Taiwan, and transport for fixed itinerary, including local public transportation, will be subsidized by the organizer. Remaining costs for board and lodge, transportation and self-travel shall be subject to the individual. All other matters are subject to notice by the organizer.
3) During the stay in Taiwan, the participant must update the blog on the event website as well as their personal blogs, Facebook, and Twitter with text, pictures, video, photos, etc., regarding their experiences in Taiwan.
4) Within one month after returning home, at least one article must be published on the blog of the event website as well as their personal blogs, Facebook, and Twitter to share their experiences in Taiwan, or to share pictures or text regarding the Taiwanese culture, and to share their impression of Taiwan.
5) All participants must agree that all images, texts, and audio-visuals shared for this event by participants on their social media, can be utilized as promotional materials on the event website or as the event organizers seem fit. Participants must agree to not claim moral rights on the organizer or a third party who is authorized by the organizer.
Event period:
August 12, 2011 to August 25, 2011, Taiwan time (GMT + 8:00)
In case of arrangement difficulties due to international routes or force majeure, the selected participant may arrive in Taiwan before the arranged date specified by the organizer.
Closing date is 15th of April 2011.
Application Process:(NOTE: All content must be completed in English or Chinese)
(1)Personal Information.
(2)Provide a description of your proposal on how to document and publish the exciting features of the events on your personal Blog, Facebook, or Twitter to share your impressions of Taiwan. For those who have experience in using blogs, Facebook, or Twitter, please submit the relevant URL of your personal web page, or social media used.
(3)Provide a 3-5 minutes self-introduction video. (optional)
(4)Provide a valid passport at least 6 months.
(5)A letter of recommendation and relevant documents that will contribute to the selection process (limit to 5 documents per application).
(6) Access the site (http://taiwanroc100.tw/100homestay_en/default.aspx) to complete the application and upload the required documents or send the application via mail.
Win Flights 2011:
http://denzukefinance.blogspot.com/2011/03/win-free-qatar-airways-flight-2011.html
Sunday, February 13, 2011
Red colour is winning - buy Red companies
Is it strange coincidence that AirAsia's corporate colour is red, and so is Singtel? Plus a bunch of other (fairly) well managed companies that are among the gems of investing.
Take for instance, Manchester United. It is not merely a football club. It is THE club that uses the art of branding to a supernormal level - thus creating an subliminal awareness akin to brands like Coke, Pepsi, AirAsia. Ubiquitous yet conspicuous. Manchester United also has a very powerful management team led by Alex Ferguson. Even his moniker "Fergie" is a smart branding tactic. "Fergie" is/could be the singer. It's usually a female. A royal nickname too. And yet Alex Ferguson is such a tough person, professionally. Hair-dryer treatment is given to those who does not perform or followed orders. Whatever your salary scale. Beckham or Cristiano Ronaldo - gets it the same.
So the no-nonsense doesn't just go about in the pitch or the training ground. Off pitch, at play - like clubbing scene, which had some notorious players being given the most unkind words. This is not just total football in the game, but total in your daily life.
So these Red Devils, and these Red Companies literally plays total football. I have talked to, seen, observe AirAsia staff - from the ground, to the stewardess, to the CEO - they have this sort of magic spark (like 80% of them). They delight you. You feel delighted. It is not the cheap budget flight - nor the small sum of money you might have saved because you booked AirAsia. What is it? It is the time you experience the whole experience. And the little basic things matter.
Valentine's Day is red too. Chinese Lunar New Year is red. So paint the town red, get some shares not in the red, but have a red personality.
Take for instance, Manchester United. It is not merely a football club. It is THE club that uses the art of branding to a supernormal level - thus creating an subliminal awareness akin to brands like Coke, Pepsi, AirAsia. Ubiquitous yet conspicuous. Manchester United also has a very powerful management team led by Alex Ferguson. Even his moniker "Fergie" is a smart branding tactic. "Fergie" is/could be the singer. It's usually a female. A royal nickname too. And yet Alex Ferguson is such a tough person, professionally. Hair-dryer treatment is given to those who does not perform or followed orders. Whatever your salary scale. Beckham or Cristiano Ronaldo - gets it the same.
So the no-nonsense doesn't just go about in the pitch or the training ground. Off pitch, at play - like clubbing scene, which had some notorious players being given the most unkind words. This is not just total football in the game, but total in your daily life.
So these Red Devils, and these Red Companies literally plays total football. I have talked to, seen, observe AirAsia staff - from the ground, to the stewardess, to the CEO - they have this sort of magic spark (like 80% of them). They delight you. You feel delighted. It is not the cheap budget flight - nor the small sum of money you might have saved because you booked AirAsia. What is it? It is the time you experience the whole experience. And the little basic things matter.
Valentine's Day is red too. Chinese Lunar New Year is red. So paint the town red, get some shares not in the red, but have a red personality.
Tuesday, February 8, 2011
Buying AirAsia merchandise
For budget travellers, flying AirAsia is a joy. And the money saved - likely at least 50% of regular full-service airline can be put to good use. Well since there is no meals included you can have the choice of purchasing the in-flight meals. The selection is growing through the years. On a recent flight, I saw Krispy Kreme doughnuts. Which are currently a super-trendy-craze in Bangkok.
Bangkokians are queueing up to buy these donuts. And at Siam and On Nut BTS Station, you could even see a peculiar scene on the road side five-foot-way. There are small entrepreneurs selling them with a nicely displayed menu and official bag. I haven't checked to see if this is authentic or a copied donut. Or perhaps these sellers had queued up to purchase the donuts then reselling them. This phenomenon happened some years ago in Bangkok. Food gourmand were queuing up to purchase Roti Boy, and then reselling these hot Mexican buns for a 5 Baht profit.
One that recent flight too, I saw the ever-growing list of merchandise listed. In 2008 on the second official flight to Perth by AirAsia X, I had bought a travel adaptor for 25 RM (8 USD). It was a good buy. Last check at the IT shop it cost around the same price. Travel Universal Adaptor with Surge Protector and AirAsia logo. There are "lock/unlock" buttons on the top and bottom to trigger the European knobs, and rotating US/China knobs. Now this model is discontinued. And being replaced with the multi-plug "Konnext Travel Adaptor" - you get 3 separate pieces. No surge protector. Cost 49 RM.
What else could you buy? In eBay, there are many hobbyist who are collectors of airplane models. You could buy these for around 100 RM, and sell them in eBay.
So perhaps my adaptor could be sold as a collector's edition in eBay in the year 2020 for a princely sum?
Bangkokians are queueing up to buy these donuts. And at Siam and On Nut BTS Station, you could even see a peculiar scene on the road side five-foot-way. There are small entrepreneurs selling them with a nicely displayed menu and official bag. I haven't checked to see if this is authentic or a copied donut. Or perhaps these sellers had queued up to purchase the donuts then reselling them. This phenomenon happened some years ago in Bangkok. Food gourmand were queuing up to purchase Roti Boy, and then reselling these hot Mexican buns for a 5 Baht profit.
One that recent flight too, I saw the ever-growing list of merchandise listed. In 2008 on the second official flight to Perth by AirAsia X, I had bought a travel adaptor for 25 RM (8 USD). It was a good buy. Last check at the IT shop it cost around the same price. Travel Universal Adaptor with Surge Protector and AirAsia logo. There are "lock/unlock" buttons on the top and bottom to trigger the European knobs, and rotating US/China knobs. Now this model is discontinued. And being replaced with the multi-plug "Konnext Travel Adaptor" - you get 3 separate pieces. No surge protector. Cost 49 RM.
What else could you buy? In eBay, there are many hobbyist who are collectors of airplane models. You could buy these for around 100 RM, and sell them in eBay.
So perhaps my adaptor could be sold as a collector's edition in eBay in the year 2020 for a princely sum?
Friday, February 4, 2011
AirAsia Zero Fares 2011 Launch Date May and November
Many people I met randomly will have this keyword whenever the topic goes into "holiday", "travelling", "budget".
What is that keyword?: AirAsia (of course!) Lonely Planet Hanoi (Lonely Planet Travel Guides)
Besides the usual happy faces describing the story of how once upon a time, they cannot travel by air, and now they have successfully bought an air ticket that is cheaper than their petrol consumption for the weekend - this follow-up dialogue will almost certainly appear. When is the next AirAsia Zero Fares Promotion? Do you know? You know Tony Fernandez and Azran Osman-Rani. So you must know!
It was a top secret I kept to myself or at least I shared with my brother. But it is not from the mouth of some insider or the CEO. It was from my own research. Where are all those promotion emails AirAsia and the rest of the corporate world sent you? Yes likely deleted. We try to keep our Inbox clean.

For the past 10 years, I've kept these promotional emails. Studied them. Marked trendlines of when these super promotion will occur. Because what is more interesting than predicting a windfall? Yes - getting a zero fare ticket is a windfall. Correct?
All those mathematics, statistics we learnt in school is put to basic use simply with Maslow's predicted behaviour - I am motivated. And motivated to snag that elusive almost free flight. Which will become my pride and prize.
So this year, I've decided to share it publicly here.
Today is 4th of February 2011.
This AirAsia Zero Fares Promotion for year 2011 will likely occur in the first or second week of May 2011. Then the following free grab will be in mid-November 2011. Mark your calendars. Or keep it a secret? Well AirAsia likely will have a big branding awareness in newspapers and their website. So knowing those launch date could well be crucial for you to snag that elusive zero fare flight you have been dreaming of the past 3 Zero Fares promotion. Technical issues, too many users logging on, unfamiliar with the booking system pages - were all excuses you should and can avoid now. If you take some effort prepare yourself.






Prepare:
1) Credit card, passport number, name(s), backup credit or debit card. And for now, direct banking for several banks in Malaysia.
2) Know the timing of your destination. Know your destination. How many flights are there to Bangkok or Surabaya? Is the 6am flight the best option because it is the cheapest? Perhaps factoring the taxi fare, and sleepless night, plus half-day zombie mood after a 6am flight, you may want to look for alternatives. Now. So login to AirAsia today, and check other flight times.
3) Alternative destinations - If you wanted to see the Prambanan Temple in Yogjakarta, and the flight is "overpriced" there is an alternative. A flight to Solo (Surakarta) which is just 80 km away can solve this. Learning and researching geography is a fun and exciting part of travelling. So check out what is the nearest airport - perhaps a trip to Hong Kong instead could be a "double combo trip" by flying into Macau then out via Hong Kong!
4) Make sure your browser is in accordance to the AirAsia booking system. Some pop-up blockers may interfere with the booking page. Check your antivirus and firewall. Test them by making a "test booking". Make sure your internet service is running smoothly. And any alternatives? Can you login to the internet on your mobile phone?
5) Dates. Plan ahead and check what dates you can make the trip. And alternative dates. If you cannot take a leave on this date, then perhaps the following day? Check with your manager, or company. Check with your travel companion your parents or family.
6) Luggage. There are staggered Check-In Luggage allowance that you can buy starting with nothing (no check-in). And the basic is 15 kg. Check your luggage bag. Your backpack. What is the usual weight. Then test the weight when you fill it up with your essential travel equipment, swimming trunk, sunscreen, torchlight? How to travel light? Also is your destination a wheel-trolley bag friendly destination like Hong Kong? Or would it be better to use a backpack? Will you fit your netbook, and what about the charger and the weight? Cameras are a must. But which one should you bring? The waterproof Canon Powershot D10 - you might go snorkelling? The huge Canon DSLR 60D? How about the lenses? You need macro lenses? Or telephoto? Or both? And their cases? Plus the memory card(s). Pack them all in, or make a note what should be filed as hand-carry. Then check on the official AirAsia website if that device or item could be hand-carried.
Zero Fares on AirAsia doesn't literally mean zero. There are still some basic fees you'll have to pay. One is the convenience fee (credit card usage fee), check-in luggage, and airport tax. These 3 components form the basic zero fare ticket. So you could say Zero Plus Plus Plus.
Zero + credit card fee + check-in luggage fee + airport tax.
If you're a super random bargain hunter, you can be wise and look for flights that are on popular routes. Popular means there are several flights per day. For instance, Bangkok to Kuala Lumpur (about 6 flights). KL to Surabaya (4 flights). With more flights on the same route per day, you have an extra safety net. Whenever a flight is cancelled to that destination, chances are AirAsia will try to bump you onto the next flight on the same day. But if there is only one daily flight to your destination, or 3 flights per week (such as to Haneda, Japan) you might have to wait 1-2 days for the next available flight. And you might have to seek more leave or unpaid leave from your company. This rule doesn't apply to me though.
Another tip: Practise the route search NOW. Yes, try to do some searching. Check the departure and arrival time. I've previously booked on the first flight out at 6am. This was taking a toll on me. Waking up at like 2-3am disrupted my sleep pattern. Even when I arrived at the destination at 9am or 10am, I felt exhausted and had to rest. There goes half or one day. So there you go: the paradox of thrift.
The booking system tries to invite you to buy Insurance, Food, Extras - which are classified as Ancillary Income. Practise skipping them. Here's one reason. I previously booked and paid for nice meal, and extra baggage. Just a month before the flight, I had to cancel. As in, I found out that I am unable to take the flight because of other commitments. As you know, firstly you cannot get a refund on the airfare. Promo Fares are not refundable, non-transferable. So those Food and extras went to waste. Imagine if I hadn't book them, I can still book and pay for the Meal like a week or 3 days before the flight. Or adding more baggage allowance. You may add them at your own time later.
Main task is to book the flight and get that booking code.
Be reasonable and within expectations. Zero Fares +++ is still a fare to pay. And understand that the terms of the airfare is sort of like Black Jack. There is a risk if you are unable to "perform" the flight, there is no refund to you.
Get prices all in one page from Priceline, Agoda, Bookings, LastMinute, compare reviews and total cost and fees, then decide on the best option Even same hotels may have different pricing on different booking systems because of their bulk discount quotas and bag the best deal at the time of your search, saving time and effort from a single hotel information system.
Happy Booking and feel free to share which flights you were able to win.
Here are some of my winnings from previous years' bookings!
- Bangkok to Hanoi = 300 Baht (10 USD) one way
- Bangkok to Bali = 2500 Baht (80 USD) return flight
- KL to Melbourne = 320 ringgit MYR (110 USD) return with baggage and outgoing meal
- Bangkok to KL = 1500 Baht (60 USD) return flight
What is that keyword?: AirAsia (of course!) Lonely Planet Hanoi (Lonely Planet Travel Guides)
Besides the usual happy faces describing the story of how once upon a time, they cannot travel by air, and now they have successfully bought an air ticket that is cheaper than their petrol consumption for the weekend - this follow-up dialogue will almost certainly appear. When is the next AirAsia Zero Fares Promotion? Do you know? You know Tony Fernandez and Azran Osman-Rani. So you must know!
It was a top secret I kept to myself or at least I shared with my brother. But it is not from the mouth of some insider or the CEO. It was from my own research. Where are all those promotion emails AirAsia and the rest of the corporate world sent you? Yes likely deleted. We try to keep our Inbox clean.

For the past 10 years, I've kept these promotional emails. Studied them. Marked trendlines of when these super promotion will occur. Because what is more interesting than predicting a windfall? Yes - getting a zero fare ticket is a windfall. Correct?
All those mathematics, statistics we learnt in school is put to basic use simply with Maslow's predicted behaviour - I am motivated. And motivated to snag that elusive almost free flight. Which will become my pride and prize.
So this year, I've decided to share it publicly here.
Today is 4th of February 2011.
This AirAsia Zero Fares Promotion for year 2011 will likely occur in the first or second week of May 2011. Then the following free grab will be in mid-November 2011. Mark your calendars. Or keep it a secret? Well AirAsia likely will have a big branding awareness in newspapers and their website. So knowing those launch date could well be crucial for you to snag that elusive zero fare flight you have been dreaming of the past 3 Zero Fares promotion. Technical issues, too many users logging on, unfamiliar with the booking system pages - were all excuses you should and can avoid now. If you take some effort prepare yourself.
Prepare:
1) Credit card, passport number, name(s), backup credit or debit card. And for now, direct banking for several banks in Malaysia.
2) Know the timing of your destination. Know your destination. How many flights are there to Bangkok or Surabaya? Is the 6am flight the best option because it is the cheapest? Perhaps factoring the taxi fare, and sleepless night, plus half-day zombie mood after a 6am flight, you may want to look for alternatives. Now. So login to AirAsia today, and check other flight times.
3) Alternative destinations - If you wanted to see the Prambanan Temple in Yogjakarta, and the flight is "overpriced" there is an alternative. A flight to Solo (Surakarta) which is just 80 km away can solve this. Learning and researching geography is a fun and exciting part of travelling. So check out what is the nearest airport - perhaps a trip to Hong Kong instead could be a "double combo trip" by flying into Macau then out via Hong Kong!
4) Make sure your browser is in accordance to the AirAsia booking system. Some pop-up blockers may interfere with the booking page. Check your antivirus and firewall. Test them by making a "test booking". Make sure your internet service is running smoothly. And any alternatives? Can you login to the internet on your mobile phone?
5) Dates. Plan ahead and check what dates you can make the trip. And alternative dates. If you cannot take a leave on this date, then perhaps the following day? Check with your manager, or company. Check with your travel companion your parents or family.
6) Luggage. There are staggered Check-In Luggage allowance that you can buy starting with nothing (no check-in). And the basic is 15 kg. Check your luggage bag. Your backpack. What is the usual weight. Then test the weight when you fill it up with your essential travel equipment, swimming trunk, sunscreen, torchlight? How to travel light? Also is your destination a wheel-trolley bag friendly destination like Hong Kong? Or would it be better to use a backpack? Will you fit your netbook, and what about the charger and the weight? Cameras are a must. But which one should you bring? The waterproof Canon Powershot D10 - you might go snorkelling? The huge Canon DSLR 60D? How about the lenses? You need macro lenses? Or telephoto? Or both? And their cases? Plus the memory card(s). Pack them all in, or make a note what should be filed as hand-carry. Then check on the official AirAsia website if that device or item could be hand-carried.
Zero Fares on AirAsia doesn't literally mean zero. There are still some basic fees you'll have to pay. One is the convenience fee (credit card usage fee), check-in luggage, and airport tax. These 3 components form the basic zero fare ticket. So you could say Zero Plus Plus Plus.
Zero + credit card fee + check-in luggage fee + airport tax.
If you're a super random bargain hunter, you can be wise and look for flights that are on popular routes. Popular means there are several flights per day. For instance, Bangkok to Kuala Lumpur (about 6 flights). KL to Surabaya (4 flights). With more flights on the same route per day, you have an extra safety net. Whenever a flight is cancelled to that destination, chances are AirAsia will try to bump you onto the next flight on the same day. But if there is only one daily flight to your destination, or 3 flights per week (such as to Haneda, Japan) you might have to wait 1-2 days for the next available flight. And you might have to seek more leave or unpaid leave from your company. This rule doesn't apply to me though.
Another tip: Practise the route search NOW. Yes, try to do some searching. Check the departure and arrival time. I've previously booked on the first flight out at 6am. This was taking a toll on me. Waking up at like 2-3am disrupted my sleep pattern. Even when I arrived at the destination at 9am or 10am, I felt exhausted and had to rest. There goes half or one day. So there you go: the paradox of thrift.
The booking system tries to invite you to buy Insurance, Food, Extras - which are classified as Ancillary Income. Practise skipping them. Here's one reason. I previously booked and paid for nice meal, and extra baggage. Just a month before the flight, I had to cancel. As in, I found out that I am unable to take the flight because of other commitments. As you know, firstly you cannot get a refund on the airfare. Promo Fares are not refundable, non-transferable. So those Food and extras went to waste. Imagine if I hadn't book them, I can still book and pay for the Meal like a week or 3 days before the flight. Or adding more baggage allowance. You may add them at your own time later.
Main task is to book the flight and get that booking code.
Be reasonable and within expectations. Zero Fares +++ is still a fare to pay. And understand that the terms of the airfare is sort of like Black Jack. There is a risk if you are unable to "perform" the flight, there is no refund to you.
Get prices all in one page from Priceline, Agoda, Bookings, LastMinute, compare reviews and total cost and fees, then decide on the best option Even same hotels may have different pricing on different booking systems because of their bulk discount quotas and bag the best deal at the time of your search, saving time and effort from a single hotel information system.
Happy Booking and feel free to share which flights you were able to win.
Here are some of my winnings from previous years' bookings!
- Bangkok to Hanoi = 300 Baht (10 USD) one way
- Bangkok to Bali = 2500 Baht (80 USD) return flight
- KL to Melbourne = 320 ringgit MYR (110 USD) return with baggage and outgoing meal
- Bangkok to KL = 1500 Baht (60 USD) return flight
Saturday, January 22, 2011
AirAsia TuneHotels now without any admin fees
Tunehotels now does not charge the secretive admin fees anymore. It will show nett price at the search page.
Sunday, January 16, 2011
Foreign funds buying up AirAsia up to over 51% of share capital
This comes as no surprise - if the analysts and fund managers are truly calibrating their airline sector investments, putting a great shift into AirAsia is essentially a no-brainer. (see my previous article)
Growth potential - yes
Sustained growth for the past 10 years - yes
Hottest areas covered - both the population giants of China and India
Real low cost - yes compared to any European based low cost carrier. Even comparing to neighbouring Tiger Airways, the cost of operating in Malaysia is far lower.
Growth potential - yes
Sustained growth for the past 10 years - yes
Hottest areas covered - both the population giants of China and India
Real low cost - yes compared to any European based low cost carrier. Even comparing to neighbouring Tiger Airways, the cost of operating in Malaysia is far lower.
Wednesday, January 12, 2011
AirAsia strengthens 16 sen to RM2.86 surging into a confident 2011
AirAsia is on the supersonic flight route to a higher ground again going upwards 16 sen. Investors that are going for the airline sector, is watching and investing in AirAsia closely. Not just because of the low-cost model that is working so well in Asia, but of new innovative ways to make it smooth and tweaking these innovations yearly.
For instance, some time ago. There was no seating allocation. Then there was Priority Boarding. And came seating allocation. Then PAID seating selections. Baggage allowance has been tweaked several times to optimise both profitability and also the customer's experience. Now the ongoing momentum is to have self-check-in a compulsory procedure virtually creating a "good habit" to travellers. Shaping the way of travelling.
Shaping behaviour is essential for corporate profits. Yet can be justified to serve a better purpose - such as allowing passengers the freedom to choose optional premiums.
Where would the big investor put their funds into the airline sector? It should be into low cost carriers since this is the major trend and the majority of the new middle-class of Asia and BRIC countries are growing. Growing hungry of the taste to be an intrepid low cost traveller. Braving all the obstacles for a no-frills flight actually is an adventure in itself. Think Bear Grylls.
And among the top choices for Low Cost Carrier - can you say RyanAir, EasyJet, AirBerlin, perhaps Air Arabia? Or even Tiger Airways and Jetstar? Finally the low-cost word itself is a misnomer to the unwitting traveller, to the investor and to the general public. Low-cost is essentially meant as a corporate term for an executive decision! So with AirAsia's no frills and low cost to its own corporate operating cost, it will far succeed (and already has) compared to other Low Cost Carriers.
For instance, some time ago. There was no seating allocation. Then there was Priority Boarding. And came seating allocation. Then PAID seating selections. Baggage allowance has been tweaked several times to optimise both profitability and also the customer's experience. Now the ongoing momentum is to have self-check-in a compulsory procedure virtually creating a "good habit" to travellers. Shaping the way of travelling.
Shaping behaviour is essential for corporate profits. Yet can be justified to serve a better purpose - such as allowing passengers the freedom to choose optional premiums.
Where would the big investor put their funds into the airline sector? It should be into low cost carriers since this is the major trend and the majority of the new middle-class of Asia and BRIC countries are growing. Growing hungry of the taste to be an intrepid low cost traveller. Braving all the obstacles for a no-frills flight actually is an adventure in itself. Think Bear Grylls.
And among the top choices for Low Cost Carrier - can you say RyanAir, EasyJet, AirBerlin, perhaps Air Arabia? Or even Tiger Airways and Jetstar? Finally the low-cost word itself is a misnomer to the unwitting traveller, to the investor and to the general public. Low-cost is essentially meant as a corporate term for an executive decision! So with AirAsia's no frills and low cost to its own corporate operating cost, it will far succeed (and already has) compared to other Low Cost Carriers.
Thursday, December 16, 2010
AirAsia placing bets on 80 million in Philippines
AirAsia Malaysia = 25 million customers
AirAsia Thailand = 68 million customers
AirAsia Indonesia = 230 million customers
And now targeting the Philippines = 92 million potential passengers
Imagine AirAsia operating domestic flights within the archipelago.
Then next, surely it will be Vietnam with a large population and strategic cities.
AirAsia Thailand = 68 million customers
AirAsia Indonesia = 230 million customers
And now targeting the Philippines = 92 million potential passengers
Imagine AirAsia operating domestic flights within the archipelago.
Then next, surely it will be Vietnam with a large population and strategic cities.
Monday, December 13, 2010
AirAsia starts Tunetalk in Thailand
Yesterday there was a news that Tony Fernandez was in Bangkok. And as usual, he doesn't travel for holidays. He was here for business. The business. TuneTalk is starting up a Mobile Virtual Network Operator concession from the state-run TOT. License has already been given by the National Telecommunications Commission.
Now Everyone Can Talk is the tagline.
Their targets are very high.
1) Providing 3G wireless broadband on behalf of TOT on 13th January 2011.
2) One Sim Card, one flat calling rate throughout the region.
3) 500 000 subscribers within 18 months
4) 1 million customers by 2012
5) Average revenue per user 150-200 Baht
6) Breakeven is at 500 000 customers.
7) MVNO Sim to be sold on AirAsia planes. Customers can redeem TuneTalk points for free AirAsia flights.
Certainly hope I can get to try it out in Thailand in January. And I might be hoping for the skies. But here's what on my mind:
1) A Sim card that can be used (perhaps) throughout Asean.
2) Validity is limitless or 1 year so users can keep using and holding the same number.
3) Usage throughout Asean will have similar costs instead of current high roaming charges.
Now Everyone Can Talk is the tagline.
Their targets are very high.
1) Providing 3G wireless broadband on behalf of TOT on 13th January 2011.
2) One Sim Card, one flat calling rate throughout the region.
3) 500 000 subscribers within 18 months
4) 1 million customers by 2012
5) Average revenue per user 150-200 Baht
6) Breakeven is at 500 000 customers.
7) MVNO Sim to be sold on AirAsia planes. Customers can redeem TuneTalk points for free AirAsia flights.
Certainly hope I can get to try it out in Thailand in January. And I might be hoping for the skies. But here's what on my mind:
1) A Sim card that can be used (perhaps) throughout Asean.
2) Validity is limitless or 1 year so users can keep using and holding the same number.
3) Usage throughout Asean will have similar costs instead of current high roaming charges.
Wednesday, December 8, 2010
Tony Fernandes Businessman of the Year by Forbes
Tony Fernandes is Forbes Asia’s Businessman of the Year
KUALA LUMPUR, 3 DECEMBER 2010 – AirAsia Group CEO Tony Fernandes has been named Forbes Asia’s Businessman of the Year.
Fernandes is the first Malaysian and Southeast Asian to receive the award. The hugely popular icon of aviation is credited for democratizing air travel in the region and for growing a Malaysian company into a highly successful global brand. Forbes Asia’s editor, Tim Ferguson, said in a press release, “The competition was tough, including from leaders of Forbes Asia’s Fabulous 50 companies. Although several mainland Chinese entrepreneurs fully came into their own this year, in general they are still excelling in a single national market that is subject to domestic booms and busts. Fernandes is expanding his business outward.”
Fernandes has transformed Asia’s travel landscape since taking over the then loss-making AirAsia in 2001. He redefined air travel by sticking true to AirAsia’s slogan of “Now everyone can fly.” He offered low fares coupled with premium products and services, a hit combination that has attracted guests from across the socio-economic spectra. AirAsia has, in less than nine years, flown more than 100 million guests, many of whom never dreamed that they could one day afford to fly. Since taking over the helm, he turned the airline into Asia’s biggest low-cost carrier and expanded its base from Malaysia to across the Asean region, home to 600 million people. He grew AirAsia phenomenally fast - it now has 140 routes to 23 countries, a fleet of close to 100 and a staff that is 8,000-strong. Aside from connecting communities in the Asean region and neighboring Asian countries, AirAsia also connects the region to, through low-cost long-haul affiliate AirAsia X, more destinations in Asia, Australia, New Zealand and Europe, boosting national economies through travel and tourism. Fernandes’ businesses share the underlying philosophy of “serving the underserved.” His other business interests, which operate under the umbrella of Tune Group, include Tune Hotels, Tune Money, Tune Talk, Tune Sports, Tune Tones, Tune Studios and Kuala Lumpur Education City (KLEC). KLEC is bringing into Malaysia Epsom College, which is one of the UK’s premier boarding schools. He is the team principal of Lotus Racing F1 team. Fernandes also founded the Asean Basketball League, which is the first professional basketball league in the Asean region.
The full Forbes Asia article on Fernandes’ receipt of the Businessman of the Year award is available online at http://www.forbes.com/global/2010/1220/features-airasia-tony-fernandes-flying-on-budget.html and in the magazine’s December 2010 issue on newsstands.
I wonder what happened to the original TuneAir people? The lazy ones who were hoping the company would go bust and waiting for a government rescue aka. handout or bailout.
KUALA LUMPUR, 3 DECEMBER 2010 – AirAsia Group CEO Tony Fernandes has been named Forbes Asia’s Businessman of the Year.
Fernandes is the first Malaysian and Southeast Asian to receive the award. The hugely popular icon of aviation is credited for democratizing air travel in the region and for growing a Malaysian company into a highly successful global brand. Forbes Asia’s editor, Tim Ferguson, said in a press release, “The competition was tough, including from leaders of Forbes Asia’s Fabulous 50 companies. Although several mainland Chinese entrepreneurs fully came into their own this year, in general they are still excelling in a single national market that is subject to domestic booms and busts. Fernandes is expanding his business outward.”
Fernandes has transformed Asia’s travel landscape since taking over the then loss-making AirAsia in 2001. He redefined air travel by sticking true to AirAsia’s slogan of “Now everyone can fly.” He offered low fares coupled with premium products and services, a hit combination that has attracted guests from across the socio-economic spectra. AirAsia has, in less than nine years, flown more than 100 million guests, many of whom never dreamed that they could one day afford to fly. Since taking over the helm, he turned the airline into Asia’s biggest low-cost carrier and expanded its base from Malaysia to across the Asean region, home to 600 million people. He grew AirAsia phenomenally fast - it now has 140 routes to 23 countries, a fleet of close to 100 and a staff that is 8,000-strong. Aside from connecting communities in the Asean region and neighboring Asian countries, AirAsia also connects the region to, through low-cost long-haul affiliate AirAsia X, more destinations in Asia, Australia, New Zealand and Europe, boosting national economies through travel and tourism. Fernandes’ businesses share the underlying philosophy of “serving the underserved.” His other business interests, which operate under the umbrella of Tune Group, include Tune Hotels, Tune Money, Tune Talk, Tune Sports, Tune Tones, Tune Studios and Kuala Lumpur Education City (KLEC). KLEC is bringing into Malaysia Epsom College, which is one of the UK’s premier boarding schools. He is the team principal of Lotus Racing F1 team. Fernandes also founded the Asean Basketball League, which is the first professional basketball league in the Asean region.
The full Forbes Asia article on Fernandes’ receipt of the Businessman of the Year award is available online at http://www.forbes.com/global/2010/1220/features-airasia-tony-fernandes-flying-on-budget.html and in the magazine’s December 2010 issue on newsstands.
I wonder what happened to the original TuneAir people? The lazy ones who were hoping the company would go bust and waiting for a government rescue aka. handout or bailout.
AirAsia ChCh 11000 seats snapped up in 2 hours
Heard from a big bird, the CEO of AirAsia X himself that 11000 seats from KUL to CHC were snapped up in 2 hours. If basing on the lowest fare of 200 RM per seat, that would be an instant gross revenue of 2.2 mil. Note that the return leg of an international flight usually will be priced higher and at the destination currency. Here it is NZD.
AirAsia to Christchurch finally
AirAsia has finally beaten the unbeaten track. Flights from South East Asia to Christchurch, New Zealand. Almost all major airlines do not fly into this secondary airport in the Southern Island of NZ. They prefer Auckland because of capacity, population, commercial and business centre prospects.
The only airline that was doing direct flights was Singapore Airlines.
So now finally, AirAsia is opening a new floodgate.
1) The first budget airline to get into CHCH.
2) No MAS (Malaysia Airlines) flights into CHCH. Therefore, no undercutting by MAS.
3) Potentially boosting throughput at KLIA-LCCT (Low Cost Carrier Terminal) - with travellers opting to use AirAsia therefore making a stopover in LCCT.
Previously, travellers from say Thailand, Cambodia, even Malaysia, will have to to be funnelled into Changi Airport before boarding their direct flight using Singapore Airlines. Now, they will be naturally funnelled into LCCT to CHCH.
For 200 RM (80 SGD) one way to CHCH, it might even lure Singapore based travellers to take the short flight now to LCCT! So finally, after years of sitting closely and watching airplanes and tourists dollars literally flying into the Republic of Singapore, finally, some tourists dollars will land on Malaysia shores. The irony of it is the government had been totally unhelpful to AirAsia for years, by blocking routes and helping MAS indirectly and directly.
Very similar protectionism in the car industry whereby Proton is being protected, that simply doesn't help the nation and citizens.
On average the cost of a high quality imported Japanese car is 50000 RM. But due to protectionist system in place, the price is over 100000 RM. While the cost of a locally assembled "national" car, perhaps should cost less than the Japanese car - say 25000 RM. But is artificially jacked-up to 50000 RM. As you can see, the sum of it is the citizen loses by paying more for an inferior quality car (and sacrificing safety).
The car industry should not have been implemented in the first place. As you know, what you never had you will never miss. Now the "addiction" is there. Everyone has a need to own a car. It is not The Need For Speed, but The Need To Own. And alas, the 2 other important criteria to make a car-owning system works - 1) better safer larger roads and traffic system
2) better safer larger connected public transportation system
- DOES NOT EXIST.
So there you go. Two classic cases of protectionism gone wrong. And perhaps into a few politicians pocket and bank account.
The only airline that was doing direct flights was Singapore Airlines.
So now finally, AirAsia is opening a new floodgate.
1) The first budget airline to get into CHCH.
2) No MAS (Malaysia Airlines) flights into CHCH. Therefore, no undercutting by MAS.
3) Potentially boosting throughput at KLIA-LCCT (Low Cost Carrier Terminal) - with travellers opting to use AirAsia therefore making a stopover in LCCT.
Previously, travellers from say Thailand, Cambodia, even Malaysia, will have to to be funnelled into Changi Airport before boarding their direct flight using Singapore Airlines. Now, they will be naturally funnelled into LCCT to CHCH.
For 200 RM (80 SGD) one way to CHCH, it might even lure Singapore based travellers to take the short flight now to LCCT! So finally, after years of sitting closely and watching airplanes and tourists dollars literally flying into the Republic of Singapore, finally, some tourists dollars will land on Malaysia shores. The irony of it is the government had been totally unhelpful to AirAsia for years, by blocking routes and helping MAS indirectly and directly.
Very similar protectionism in the car industry whereby Proton is being protected, that simply doesn't help the nation and citizens.
On average the cost of a high quality imported Japanese car is 50000 RM. But due to protectionist system in place, the price is over 100000 RM. While the cost of a locally assembled "national" car, perhaps should cost less than the Japanese car - say 25000 RM. But is artificially jacked-up to 50000 RM. As you can see, the sum of it is the citizen loses by paying more for an inferior quality car (and sacrificing safety).
The car industry should not have been implemented in the first place. As you know, what you never had you will never miss. Now the "addiction" is there. Everyone has a need to own a car. It is not The Need For Speed, but The Need To Own. And alas, the 2 other important criteria to make a car-owning system works - 1) better safer larger roads and traffic system
2) better safer larger connected public transportation system
- DOES NOT EXIST.
So there you go. Two classic cases of protectionism gone wrong. And perhaps into a few politicians pocket and bank account.
Wednesday, December 1, 2010
AirAsia now everyone can invest
AirAsia's mantra of "Now Everyone Can Fly" is a powerful creed that touches everyone's heart and longing to go above the clouds. Everyone here of course means the average person and below. The middle-income. The backpacker. The one that could afford full fare commercial airline - but will "lose" several months of saving. Now Everyone Can Fly is a short sentence that truly touches Asian hearts. Well, at least we know in Asia, we have the biggest population of middle and low income folks. And on average, the supremacy of a foreign country such as Australian Dollar, Canadian Dollar, Euro - will always cast a shadow on an average Asian's disposable income.
The truly elusive question and litmus test is: which country can I travel to that allows my 1 unit of currency to equal 5 times of theirs? Or 3 times. Or just 2 times. None. But an Australian can be wondering (happily) the amount of food costs in say Thailand with the equivalent of a lunch in Australia that typically costs 9 AUD (270 Baht). An average Thai meal costs 50 Baht. Or 100 Baht at a equivalent Subway sandwich bar. Wow.. amazing my currency gives me 3 meals here in Asia.
So which average Thai person can "savour" the "money power" if they may have it? Let's try. Let's transport him to Indonesia. Average meals cost 20 000 Rupiah (75 Baht). That's same or more than average. Let's go to Vietnam. Supposed to also cheaper since their GDP and GNP is lower. Nope. A bowl of pho noodles costs 40 Baht. Try India. Try Laos (prices are in DOLLARS!). None. Try Zimbabwe. You won't want to visit there for a holiday would you? So Australians, you are lucky b-tards!
So the average Asian will still be average. There's no tripling of the power of your savings when travelling. Alas, this is the truth.
But one thing perhaps if you can notice how AirAsia could let you fly for the cost of a bus fare to the next pronvince, wouldn't it mean it is potential investment you can put your savings into and hoping it will triple like what the Australians magically hold in their bank savings account?
I guess if now everyone can fly, then now everyone can invest. In AirAsia.
It is definitely a no brainer to buy an airticket that costs the same bus fare from Phuket to Bangkok. And thus it is a no-brainer too to invest in the stocks of AirAsia.
The truly elusive question and litmus test is: which country can I travel to that allows my 1 unit of currency to equal 5 times of theirs? Or 3 times. Or just 2 times. None. But an Australian can be wondering (happily) the amount of food costs in say Thailand with the equivalent of a lunch in Australia that typically costs 9 AUD (270 Baht). An average Thai meal costs 50 Baht. Or 100 Baht at a equivalent Subway sandwich bar. Wow.. amazing my currency gives me 3 meals here in Asia.
So which average Thai person can "savour" the "money power" if they may have it? Let's try. Let's transport him to Indonesia. Average meals cost 20 000 Rupiah (75 Baht). That's same or more than average. Let's go to Vietnam. Supposed to also cheaper since their GDP and GNP is lower. Nope. A bowl of pho noodles costs 40 Baht. Try India. Try Laos (prices are in DOLLARS!). None. Try Zimbabwe. You won't want to visit there for a holiday would you? So Australians, you are lucky b-tards!
So the average Asian will still be average. There's no tripling of the power of your savings when travelling. Alas, this is the truth.
But one thing perhaps if you can notice how AirAsia could let you fly for the cost of a bus fare to the next pronvince, wouldn't it mean it is potential investment you can put your savings into and hoping it will triple like what the Australians magically hold in their bank savings account?
I guess if now everyone can fly, then now everyone can invest. In AirAsia.
It is definitely a no brainer to buy an airticket that costs the same bus fare from Phuket to Bangkok. And thus it is a no-brainer too to invest in the stocks of AirAsia.
Thursday, November 25, 2010
Against all odds and protectionism AirAsia still soars
The age old David and Goliath story continues with David growing bigger. While MAS being protected by the government is not. Not that we want to see such story of glory, but the long corporate culture of government bailouts, handouts, protectionism, inequality, unfairness and the list goes on, has but underscore the capital letter "I" in inefficiency - unfortunately in Malaysia.
To snub the so-called supremacy and protection, and irony of the "supremacy" with fear and calling it distributing income to other lesser native people, I guess the best way is via the most legal and yet enterprising way. Buy AirAsia. AirAsia is the proven model that no matter how much lop-sided things are, as long as you have a very sound plan, very good corporate governance and seed culture (grow your culture during its infancy) - stay united and synergise every employee's energy without regard to race, religion, shape - you can and you will be better than be crippled with crutches that are unnecessary.
Sometimes if the competition or "The Others" is still looking narrow-sightedly about chasing tails, such as giving promotion whenever and wherever AirAsia is promoting (e.g. AirAsia did an Australian promotion, and MAS countered with all AU cities that AirAsia served only - disregarding Sydney) - AirAsia didn't look back anymore. But so much more forward. Have to point out the other case which is creating Kota Kinabalu as the second hub for AirAsia in Malaysia. Next day, MAS announces the same! This reminds me of what
TO quote and rephrase Buzz Lightyear: "To Asia and Beyond". (To Infinity and Beyond)
I believe that has been what AirAsia has been focusing on. Now everyone can fly, and now everyone can own a company they can be proud of. Definitely if you are a Malaysian national, you'd be proud when a stranger from France talking about your country and the next thing besides Petronas Twin Towers is AirAsia!
To snub the so-called supremacy and protection, and irony of the "supremacy" with fear and calling it distributing income to other lesser native people, I guess the best way is via the most legal and yet enterprising way. Buy AirAsia. AirAsia is the proven model that no matter how much lop-sided things are, as long as you have a very sound plan, very good corporate governance and seed culture (grow your culture during its infancy) - stay united and synergise every employee's energy without regard to race, religion, shape - you can and you will be better than be crippled with crutches that are unnecessary.
Sometimes if the competition or "The Others" is still looking narrow-sightedly about chasing tails, such as giving promotion whenever and wherever AirAsia is promoting (e.g. AirAsia did an Australian promotion, and MAS countered with all AU cities that AirAsia served only - disregarding Sydney) - AirAsia didn't look back anymore. But so much more forward. Have to point out the other case which is creating Kota Kinabalu as the second hub for AirAsia in Malaysia. Next day, MAS announces the same! This reminds me of what
TO quote and rephrase Buzz Lightyear: "To Asia and Beyond". (To Infinity and Beyond)
I believe that has been what AirAsia has been focusing on. Now everyone can fly, and now everyone can own a company they can be proud of. Definitely if you are a Malaysian national, you'd be proud when a stranger from France talking about your country and the next thing besides Petronas Twin Towers is AirAsia!
Impressive AirAsia 3rd Quarter 2010 results
AirAsia showing super strength with impressive 3rd Quarter 2010 results:
+ earnings up 152% from RM130 mil to RM328 mil
+ revenue up 34% from RM739 mil to RM987 mil
+ Earnings Per Share (EPS) at 11.90 sen
+ 12% passenger growth
+ 22% higher fare from RM142 to RM173
+ Seat load factor up 3% to 78%
+ Core operating profit up 539% at RM216 mil
+ Core operating profit margin 21.9% from 4.6%
Share price of AirAsia rose 10sen to close at RM2.55. Still a relatively good buy comparing to any other airline out there. With the new Haneda (Tokyo) route and Seoul route opening soon, all of the top Asian economies are now connected via AirAsia. Here is a breakdown into "regions".
1) Whole of Asean
2) Japan, Korea, Taiwan - economic powerhouse
3) China
4) India
5) London and Paris (Orly)
6) Australia
Risks to think about:
AirAsia had handled well air transportation crises in the past. So even the recent earthquake and volcano in Indonesia, was handled efficiently. Past risks tackled nicely includes SARS, Bali bombings, Thailand government political changes and fuel surcharge situation during 2007-2008.
AirAsia made travelling on budget a reality. Many of those who convert to AirAsia may still complain. But they know the savings gained far outweigh any "difficulties" moving from a full fledge commercial airline, to a budget airline. Very soon, the population may have "forgotten" what is was like to travel by air in "luxury". Which is a good thing. What you never had, you will never miss. And what you had for a relatively low price, you'll want more - you'll want to FLY AirAsia more.
+ earnings up 152% from RM130 mil to RM328 mil
+ revenue up 34% from RM739 mil to RM987 mil
+ Earnings Per Share (EPS) at 11.90 sen
+ 12% passenger growth
+ 22% higher fare from RM142 to RM173
+ Seat load factor up 3% to 78%
+ Core operating profit up 539% at RM216 mil
+ Core operating profit margin 21.9% from 4.6%
Share price of AirAsia rose 10sen to close at RM2.55. Still a relatively good buy comparing to any other airline out there. With the new Haneda (Tokyo) route and Seoul route opening soon, all of the top Asian economies are now connected via AirAsia. Here is a breakdown into "regions".
1) Whole of Asean
2) Japan, Korea, Taiwan - economic powerhouse
3) China
4) India
5) London and Paris (Orly)
6) Australia
Risks to think about:
AirAsia had handled well air transportation crises in the past. So even the recent earthquake and volcano in Indonesia, was handled efficiently. Past risks tackled nicely includes SARS, Bali bombings, Thailand government political changes and fuel surcharge situation during 2007-2008.
AirAsia made travelling on budget a reality. Many of those who convert to AirAsia may still complain. But they know the savings gained far outweigh any "difficulties" moving from a full fledge commercial airline, to a budget airline. Very soon, the population may have "forgotten" what is was like to travel by air in "luxury". Which is a good thing. What you never had, you will never miss. And what you had for a relatively low price, you'll want more - you'll want to FLY AirAsia more.
Monday, November 22, 2010
Still good chance to pickup stocks now
Best opportunity now to buy more with the recent market correction.
Some picks:
SPH - giving big dividend soon
Suntec - down from $1.55 to %1.54
Costco - $2.00 (all time high was over $8.00!) - oil and marine
Genting Singapore - $2.04 (from high of $2.35)
SPH - giving big dividend soon
Suntec - down from $1.55 to %1.54
Costco - $2.00 (all time high was over $8.00!) - oil and marine
Genting Singapore - $2.04 (from high of $2.35)
Malaysia:
AirAsia - $2.30 from high of $2.65
KNM - 40 sen from 85 sen
YTLPower - good bet for new age 4G system. Low innovative tariffs and bundling - a very strong position to challenge not just internet service providers but also regular mobile companies. YTLPower owns YTL Communications which owns the 4G network called YES in Malaysia. $2.50 - Current price comes with dividend.
KNM - 40 sen from 85 sen
YTLPower - good bet for new age 4G system. Low innovative tariffs and bundling - a very strong position to challenge not just internet service providers but also regular mobile companies. YTLPower owns YTL Communications which owns the 4G network called YES in Malaysia. $2.50 - Current price comes with dividend.
Labels:
AirAsia,
Genting Singapore,
Suntec REIT,
YTL Comms YTL Power
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