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flee
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Airasia X (D7) in trouble - looking to return 5 leased aircraft early, sell 2 aircraft to raise cash

Fri Feb 28, 2020 5:51 am

In their latest 2019 Q4 Financial Report, the Management has taken several decisions to save the airline due to the challenges caused by the CoVid-19 outbreak.

Some of the measures:

- Use of A321 on routes of 4-6 hours flying time
- Return 5 aircraft to lessors earlier than planned
- Sell 2 aircraft
- renegotiate remaining leases
- Postpone new A330Neo deliveries
- renegotiate all contracts with airports and other suppliers
- terminate unprofitable routes: Tianjin, Lanzhou, Jaipur, + more to come

It looks like 2020 is a crucial year for Airasia X - they will have to work very hard to stay afloat.

See their presentation here: http://airasiax.com/misc/qr/presentatio ... 4Q2019.pdf
 
Scotron12
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Re: Airasia X (D7) in trouble - looking to return 5 leased aircraft early, sell 2 aircraft to raise cash

Fri Feb 28, 2020 6:01 am

In the virus thread, I mentioned weeks ago that D7 exposure to China (over 4m pax last yr) , coupled with TF standing aside, would hurt them. Now of course it's not just them but all carriers.

Im sure there will be a lot worse to come in the next few months, not just for D7, but other carriers as well.
 
jbs2886
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Re: Airasia X (D7) in trouble - looking to return 5 leased aircraft early, sell 2 aircraft to raise cash

Fri Feb 28, 2020 6:10 am

How many A330neos are scheduled for delivery this year?
 
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flee
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Re: Airasia X (D7) in trouble - looking to return 5 leased aircraft early, sell 2 aircraft to raise cash

Fri Feb 28, 2020 6:16 am

Scotron12 wrote:
In the virus thread, I mentioned weeks ago that D7 exposure to China (over 4m pax last yr) , coupled with TF standing aside, would hurt them. Now of course it's not just them but all carriers.

Im sure there will be a lot worse to come in the next few months, not just for D7, but other carriers as well.

Yes, the whole travel and tourism industry will take the biggest hits from the CoVid-19 outbreak. Thai Airasia X will also suffer and I think Indonesia Airasia X will need to be wound up. Best to do it now and if there is a need, long haul routes can be operated by Indonesia Airasia.
 
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flee
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Re: Airasia X (D7) in trouble - looking to return 5 leased aircraft early, sell 2 aircraft to raise cash

Fri Feb 28, 2020 6:18 am

jbs2886 wrote:
How many A330neos are scheduled for delivery this year?

IIRC, 5 A330Neos are due for 2020 - some of these include the aircraft that were delayed from 2019 due to RR's slow ramp up.
 
Scotron12
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Re: Airasia X (D7) in trouble - looking to return 5 leased aircraft early, sell 2 aircraft to raise cash

Fri Feb 28, 2020 6:29 am

flee wrote:
In their latest 2019 Q4 Financial Report, the Management has taken several decisions to save the airline due to the challenges caused by the CoVid-19 outbreak.

Some of the measures:

- Use of A321 on routes of 4-6 hours flying time
- Return 5 aircraft to lessors earlier than planned
- Sell 2 aircraft
- renegotiate remaining leases
- Postpone new A330Neo deliveries
- renegotiate all contracts with airports and other suppliers
- terminate unprofitable routes: Tianjin, Lanzhou, Jaipur, + more to come

It looks like 2020 is a crucial year for Airasia X - they will have to work very hard to stay afloat.

See their presentation here: http://airasiax.com/misc/qr/presentatio ... 4Q2019.pdf


Eeeek!! Nothing said about how long the deferrals will be on their A339s?
 
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Re: Airasia X (D7) in trouble - looking to return 5 leased aircraft early, sell 2 aircraft to raise cash

Fri Feb 28, 2020 6:39 am

D7 reacts fast and mitigate its possible losses. Many Asian airlines are in the same position and even worse like Cathay Pacific have cut down its flights by up to 45% and HK airlines which serves manily China destinaions would have its flights cut by up to near 80%. Even SIA have to cut its flights especially Intra Asia and stopped flying to China and its sister companies like Silkair and its budget subsidiary have drastic cuts to China.
 
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Re: Airasia X (D7) in trouble - looking to return 5 leased aircraft early, sell 2 aircraft to raise cash

Fri Feb 28, 2020 6:50 am

flee wrote:
It looks like 2020 is a crucial year for Airasia X - they will have to work very hard to stay afloat.


Agreed.
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flee
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Re: Airasia X (D7) in trouble - looking to return 5 leased aircraft early, sell 2 aircraft to raise cash

Fri Feb 28, 2020 6:50 am

Scotron12 wrote:
Eeeek!! Nothing said about how long the deferrals will be on their A339s?

No details were given and negotiations with Airbus must still be ongoing - so it may not be finalised as yet.

New fuel efficient aircraft are not so important now because oil prices are low. The additional CAPEX/lease payments for new aircraft may not give any cost advantage when fuel costs are low.
 
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Re: Airasia X (D7) in trouble - looking to return 5 leased aircraft early, sell 2 aircraft to raise cash

Fri Feb 28, 2020 7:26 am

Maybe they could use the recent Airbus impropriety findings to request a no-penalty cancellation of the A339s.
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Re: Airasia X (D7) in trouble - looking to return 5 leased aircraft early, sell 2 aircraft to raise cash

Fri Feb 28, 2020 7:58 am

D7 have modified or deferred A330 deliveries more than once in the past so no surprise that they wish (or need) to do so again. Perhaps they will favour running down the existing fleet to make way for the more efficient A330-900s. Either way I would be astonished if they were to take anything like the numbers of aircraft on order. One for one replacement at best? Possibly their "changeable" outlook is already built-in to the more modest future A330 production rate.
 
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flee
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Re: Airasia X (D7) in trouble - looking to return 5 leased aircraft early, sell 2 aircraft to raise cash

Fri Feb 28, 2020 9:40 am

Wildlander wrote:
D7 have modified or deferred A330 deliveries more than once in the past so no surprise that they wish (or need) to do so again. Perhaps they will favour running down the existing fleet to make way for the more efficient A330-900s. Either way I would be astonished if they were to take anything like the numbers of aircraft on order. One for one replacement at best? Possibly their "changeable" outlook is already built-in to the more modest future A330 production rate.

Yes, their previous fleet plans would be to replace the CEOs with NEOs. However, with the A321Neo order, fleet plans have changed. So we think more A330Ceos may go as the A321 will replace them too. Airasia X's A330Neo deliveries are supposed to be stretched over about 8 years.
 
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Air Asia-X Defers A330NEO's

Fri Feb 28, 2020 5:25 pm

I had not seen this posted yet. I have no opinion on the matter, but since it's aviation related, I thought I'd share and people can discuss as they see fit.

https://www.yahoo.com/finance/news/mala ... 58547.html
Whatever
 
Antarius
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Re: Air Asia-X Defers A330NEO's

Fri Feb 28, 2020 5:44 pm

The virus is a convenient excuse. Better PR than admitting that you over ordered for no good reason, especially with the corruption and bribery probe.
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Revelation
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Re: Air Asia-X Defers A330NEO's

Fri Feb 28, 2020 6:00 pm

The gist of the article is:
  • They originally ordered 100 A330neo and 30 A321XLR
  • This had already been reduced to 78 A330neo and 30 A321XLR
  • They now operate 28 A330ceo
  • They announce that they will defer the 78 A330neo with no duration provided
  • They might sell two A330ceo to raise cash
  • They are trying to negotiate a 30% cut in lease rates (good luck!)
  • Going forward they plan to use A321XLR rather than A330 for routes less than 4-6 hours
About 30% of their capacity is targeted to China, so CV is causing them a lot of problems.

One interesting quote:

"We believe advanced aircraft technology has changed business dynamics as we can now fly narrow body aircraft longer," AirAsia X Malaysia CEO Benyamin Ismail said in a statement.

So it seems A321XLR is undermining the A330neo business case.
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VV
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Re: Air Asia-X Defers A330NEO's

Fri Feb 28, 2020 6:03 pm

Revelation wrote:
...

One interesting quote:

"We believe advanced aircraft technology has changed business dynamics as we can now fly narrow body aircraft longer," AirAsia X Malaysia CEO Benyamin Ismail said in a statement.

So it seems A321XLR is undermining the A330neo business case.


Or perhaps they have never had and won't have enough traffic volume.
 
VV
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Re: Air Asia-X Defers A330NEO's

Fri Feb 28, 2020 6:05 pm

AirAsia X is like a Ponzi scheme. It works well when the growth is good, but it collapses quickly when the demand slows down.

Too much leverage.
 
MIflyer12
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Re: Air Asia-X Defers A330NEO's

Fri Feb 28, 2020 6:28 pm

That thins out the A330neo backlog rather a bit. The January '20 backlog showed 3 of the 4 largest orders with AirAsia X, undisclosed, and Iran Air. Solid!
 
jbs2886
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Re: Air Asia-X Defers A330NEO's

Fri Feb 28, 2020 6:33 pm

MIflyer12 wrote:
That thins out the A330neo backlog rather a bit. The January '20 backlog showed 3 of the 4 largest orders with AirAsia X, undisclosed, and Iran Air. Solid!


Undisclosed reported as Hainan (only emphasizing your point). Good for DL if they want more aircraft quickly.
 
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Re: Air Asia-X Defers A330NEO's

Fri Feb 28, 2020 6:47 pm

Revelation wrote:
One interesting quote:

"We believe advanced aircraft technology has changed business dynamics as we can now fly narrow body aircraft longer," AirAsia X Malaysia CEO Benyamin Ismail said in a statement.

So it seems A321XLR is undermining the A330neo business case.


Yep, it doesn't get any more clear cut than that. If we're to believe the CEO.

The market seems to want smaller long range aircraft. And bigger short range aircraft. Does this chart culminate with a 797 / A360 MOM with two sets of wings? :scratchchin:
 
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Re: Air Asia-X Defers A330NEO's

Fri Feb 28, 2020 7:18 pm

VV wrote:
Revelation wrote:
...
So it seems A321XLR is undermining the A330neo business case.

Or perhaps they have never had and won't have enough traffic volume.

How many of the rest on this list https://en.wikipedia.org/wiki/Airbus_A3 ... deliveries have the volume to use A330s?

MIflyer12 wrote:
That thins out the A330neo backlog rather a bit. The January '20 backlog showed 3 of the 4 largest orders with AirAsia X, undisclosed, and Iran Air. Solid!

Maybe we now know why Airbus went from 50/year to 40/year on A330neo production.

JetBuddy wrote:
The market seems to want smaller long range aircraft. And bigger short range aircraft. Does this chart culminate with a 797 / A360 MOM with two sets of wings? :scratchchin:

I still don't know what B will do. It still seems to me that they are too late to the party to make a large 6W pencil out.

If CV culls the airline herd a bit, maybe we see a lot of A321xlr speculative orders drop and stronger airlines who would want 7W or 8W survive.
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Re: Air Asia-X Defers A330NEO's

Fri Feb 28, 2020 8:31 pm

Everyone on this board knew the capabilities of the A331N in it’s different guises, how is it AirAsia didn’t?
 
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Re: Air Asia-X Defers A330NEO's

Fri Feb 28, 2020 9:23 pm

This is a perfect opportunity for Airbus. They should announce the quick wind down of A330neo production and convert the line to A32Xneo ASAP. Airbus could sell many more of their most popular plane and make much more money. This seems like a very good move to me with the slow wide body/long range market, the hot narrow body market and Boeing's Max issues. What does everyone think about a bold move to stop throwing good money after bad with this dog?
 
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Re: Airasia X (D7) in trouble - looking to return 5 leased aircraft early, sell 2 aircraft to raise cash

Fri Feb 28, 2020 9:27 pm

How small is the A330Neo backlog now? I'm guessing they don't take any of these.
 
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Re: Air Asia-X Defers A330NEO's

Fri Feb 28, 2020 9:40 pm

Antarius wrote:
The virus is a convenient excuse. Better PR than admitting that you over ordered for no good reason, especially with the corruption and bribery probe.


It is also an excuse that Airbus would be wise to dignify in the Asia region. So, smart play.
 
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Re: Air Asia-X Defers A330NEO's

Fri Feb 28, 2020 9:44 pm

It doesn't sound promising that they will take any of this order anytime soon, if ever. With their financial problems and the current downturn in Asia, it doesn't look good for anything. The A321XLR talk sounds more like a company that has no choice but to try to survive with a cheaper, smaller airplane. That usually doesn't end well either.

This single order accounts for over a quarter of the current A330neo backlog. Add Iran and HNA Group, and it jumps to just over half.
 
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william
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Re: Airasia X (D7) in trouble - looking to return 5 leased aircraft early, sell 2 aircraft to raise cash

Fri Feb 28, 2020 10:20 pm

A330-800 14 ordered
A330-900 323 (78 AirAsia X)
45 delivered

Per Airbus
https://www.airbus.com/aircraft/market/ ... eries.html
 
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Re: Air Asia-X Defers A330NEO's

Fri Feb 28, 2020 10:25 pm

jbs2886 wrote:
Good for DL if they want more aircraft quickly.


I don't think DL will necessarily want more quickly if it looks like COVID-19 will take a bite out of international air traffic for a while. They tend to be pretty cautious about their use of capital.

MIflyer12 wrote:
That thins out the A330neo backlog rather a bit. The January '20 backlog showed 3 of the 4 largest orders with AirAsia X, undisclosed, and Iran Air. Solid!


Many of the other big customers are lessors; they likely have fairly flexible terms in their purchase agreements. I'd be concerned about any orders (i.e. 5G, GA) from APAC right now. That's a concern for Boeing, too.
 
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Re: Airasia X (D7) in trouble - looking to return 5 leased aircraft early, sell 2 aircraft to raise cash

Sat Feb 29, 2020 8:26 am

flee wrote:
Scotron12 wrote:
Thai Airasia X will also suffer and I think Indonesia Airasia X will need to be wound up. Best to do it now and if there is a need, long haul routes can be operated by Indonesia Airasia.


I thought Indonesia AirAsia X already wound up a year or two ago?
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Fuling
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Re: Airasia X (D7) in trouble - looking to return 5 leased aircraft early, sell 2 aircraft to raise cash

Sat Feb 29, 2020 8:32 am

filipinoavgeek wrote:
flee wrote:
Scotron12 wrote:
Thai Airasia X will also suffer and I think Indonesia Airasia X will need to be wound up. Best to do it now and if there is a need, long haul routes can be operated by Indonesia Airasia.


I thought Indonesia AirAsia X already wound up a year or two ago?


They did, just over a year ago now.
 
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Re: Airasia X (D7) in trouble - looking to return 5 leased aircraft early, sell 2 aircraft to raise cash

Sat Feb 29, 2020 8:34 am

Fuling wrote:
filipinoavgeek wrote:
flee wrote:


I thought Indonesia AirAsia X already wound up a year or two ago?


They did, just over a year ago now.


I'm kinda surprised they failed so quickly, I guess there's really no market for long-haul low-cost in SEA outside of Malaysia/Singapore/Thailand? Even 5J has mostly given up their long-haul ambitions and now only serve Dubai and Australia, with the rest of their A330s instead being used to up-gauge regional and domestic routes.
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Re: Air Asia-X Defers A330NEO's

Sat Feb 29, 2020 9:23 am

Revelation wrote:
The gist of the article is:
  • They originally ordered 100 A330neo and 30 A321XLR
  • This had already been reduced to 78 A330neo and 30 A321XLR
  • They now operate 28 A330ceo
  • They announce that they will defer the 78 A330neo with no duration provided
  • They might sell two A330ceo to raise cash
  • They are trying to negotiate a 30% cut in lease rates (good luck!)
  • Going forward they plan to use A321XLR rather than A330 for routes less than 4-6 hours
About 30% of their capacity is targeted to China, so CV is causing them a lot of problems.

One interesting quote:

"We believe advanced aircraft technology has changed business dynamics as we can now fly narrow body aircraft longer," AirAsia X Malaysia CEO Benyamin Ismail said in a statement.


So it seems A321XLR is undermining the A330neo business case.


I can see that A321 will change the business case for a lot of what today uses WB to NB. And it will go fast.
 
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flee
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Re: Airasia X (D7) in trouble - looking to return 5 leased aircraft early, sell 2 aircraft to raise cash

Sat Feb 29, 2020 9:32 am

Fuling wrote:
They did, just over a year ago now.

They ceased scheduled flights but continued as a charter operation.

Recently, one of their A330-300 aircraft, PK-XRA, was spotted in KUL and it was rumoured that this aircraft will now be back in D7's fleet for the time being.

Indonesia Airasia X still feature on the company's reports as of Q4 2019.
 
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Re: Airasia X (D7) in trouble - looking to return 5 leased aircraft early, sell 2 aircraft to raise cash

Sat Feb 29, 2020 9:35 am

On the other hand, oil prices are down. The smart move would be to get rid of expensive leases and hang on to older aircraft for longer.
 
VV
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Re: Air Asia-X Defers A330NEO's

Sat Feb 29, 2020 10:10 am

JetBuddy wrote:
Revelation wrote:
One interesting quote:

"We believe advanced aircraft technology has changed business dynamics as we can now fly narrow body aircraft longer," AirAsia X Malaysia CEO Benyamin Ismail said in a statement.

So it seems A321XLR is undermining the A330neo business case.


Yep, it doesn't get any more clear cut than that. If we're to believe the CEO.

The market seems to want smaller long range aircraft. And bigger short range aircraft. Does this chart culminate with a 797 / A360 MOM with two sets of wings? :scratchchin:


I think there is a need for a 767-class aircraft.
 
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flee
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Re: Airasia X (D7) in trouble - looking to return 5 leased aircraft early, sell 2 aircraft to raise cash

Sat Feb 29, 2020 10:34 am

peterinlisbon wrote:
On the other hand, oil prices are down. The smart move would be to get rid of expensive leases and hang on to older aircraft for longer.

Yes, they are reviewing the whole fleet and plan to sell 2 aircraft and return 5 leased aircraft. That is quite a big cut in the fleet!
 
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Re: Air Asia-X Defers A330NEO's

Sat Feb 29, 2020 11:42 am

olle wrote:

One interesting quote:

"We believe advanced aircraft technology has changed business dynamics as we can now fly narrow body aircraft longer," AirAsia X Malaysia CEO Benyamin Ismail said in a statement.


So it seems A321XLR is undermining the A330neo business case.


I can see that A321 will change the business case for a lot of what today uses WB to NB. And it will go fast.[/quote]

I think this says it. They are looking to serve destinations 4-7 hrs from KUL. Previously the A330neo was the best option for this, now it can be done with A321XLR, no need to order A330neos. In fact no need for Air Asia X at all as these routes could really be served by Air Asia who already operate A320s.

Unless they have routes that need the A330neo that massive order could be one of those long term fleet commitments that proves to be a millstone.
 
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Re: Airasia X (D7) in trouble - looking to return 5 leased aircraft early, sell 2 aircraft to raise cash

Sat Feb 29, 2020 12:07 pm

What are the operating costs of an A330 compared to an A320? It seems to me that they cost twice as much to operate despite only taking a few more passengers. I suppose it makes sense that one long tube is more efficient than a short fat one (that's what she said).
 
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flee
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Re: Airasia X (D7) in trouble - looking to return 5 leased aircraft early, sell 2 aircraft to raise cash

Sat Feb 29, 2020 12:48 pm

peterinlisbon wrote:
What are the operating costs of an A330 compared to an A320? It seems to me that they cost twice as much to operate despite only taking a few more passengers. I suppose it makes sense that one long tube is more efficient than a short fat one (that's what she said).

Airasia X is talking about 236 seats (single class) on the A321 and 377 seats (2 classes) on the A330 Neo. The CASM/CASK on the A321 is likely to be significantly lower. It also reduces the business risk as the airline does not need to sell so many tickets to make money.
 
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Re: Airasia X (D7) in trouble - looking to return 5 leased aircraft early, sell 2 aircraft to raise cash

Sat Feb 29, 2020 1:31 pm

AAX has proved there is demand in Asia for its offerings. If it gets killed by coronavirus, someone will pick over the carcass and resurrect an equivalent airline.

I can't see all the 330neos being cancelled, some routes require it for the volume and it was planning to return to KL - Europe with them, but I can see some of the later orders being swapped for additional XLRs. The 330neos are presently indefinitely delayed which I read as "until coronavirus is over and demand picks up provided we have the resources to finance them at that time"
 
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Re: Airasia X (D7) in trouble - looking to return 5 leased aircraft early, sell 2 aircraft to raise cash

Sat Feb 29, 2020 1:40 pm

JerseyFlyer wrote:
AAX has proved there is demand in Asia for its offerings. If it gets killed by coronavirus, someone will pick over the carcass and resurrect an equivalent airline.

That is not entirely true. AAX has been struggling since before the Coronavirus losing money in both 2019 and 2018.

The truth of the matter is Air Asia X has never been consistently profitable, and been surviving based off the strength of their parent company.
 
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Re: Airasia X (D7) in trouble - looking to return 5 leased aircraft early, sell 2 aircraft to raise cash

Sat Feb 29, 2020 1:42 pm

Polot wrote:
JerseyFlyer wrote:
AAX has proved there is demand in Asia for its offerings. If it gets killed by coronavirus, someone will pick over the carcass and resurrect an equivalent airline.

That is not entirely true. AAX has been struggling since before the Coronavirus losing money in both 2019 and 2018.

The truth of the matter is Air Asia X has never been consistently profitable, and been surviving based off the strength of their parent company.


Medium haul is success but not the long haul
 
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Re: Airasia X (D7) in trouble - looking to return 5 leased aircraft early, sell 2 aircraft to raise cash

Sat Feb 29, 2020 1:49 pm

hongkongflyer wrote:
Polot wrote:
JerseyFlyer wrote:
AAX has proved there is demand in Asia for its offerings. If it gets killed by coronavirus, someone will pick over the carcass and resurrect an equivalent airline.

That is not entirely true. AAX has been struggling since before the Coronavirus losing money in both 2019 and 2018.

The truth of the matter is Air Asia X has never been consistently profitable, and been surviving based off the strength of their parent company.


Medium haul is success but not the long haul

Yes, hence the new focus on A321s and desire to take over Malaysia Airlines (gets rid of a competitor, gives them a place to put their A330neos on order, allows them to try long haul with more premium product).
 
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flee
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Re: Airasia X (D7) in trouble - looking to return 5 leased aircraft early, sell 2 aircraft to raise cash

Sat Feb 29, 2020 1:50 pm

hongkongflyer wrote:
Polot wrote:
JerseyFlyer wrote:
AAX has proved there is demand in Asia for its offerings. If it gets killed by coronavirus, someone will pick over the carcass and resurrect an equivalent airline.

That is not entirely true. AAX has been struggling since before the Coronavirus losing money in both 2019 and 2018.

The truth of the matter is Air Asia X has never been consistently profitable, and been surviving based off the strength of their parent company.

Medium haul is success but not the long haul

Their main problem is that the routes operated by them overlap with those operated by government owned state flag carriers. Those airlines are having a negative impact on its yields. Their load factors are above 80%, yet they can't make profits despite having the lowest CASM/CASK!
 
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Re: Airasia X (D7) in trouble - looking to return 5 leased aircraft early, sell 2 aircraft to raise cash

Sat Feb 29, 2020 1:52 pm

Polot wrote:
JerseyFlyer wrote:
AAX has proved there is demand in Asia for its offerings. If it gets killed by coronavirus, someone will pick over the carcass and resurrect an equivalent airline.

That is not entirely true. AAX has been struggling since before the Coronavirus losing money in both 2019 and 2018.

The truth of the matter is Air Asia X has never been consistently profitable, and been surviving based off the strength of their parent company.


You are exactly right here. From an Australian perspective AirAsia X has been floundering for sometime, since their cuts here from around 18 months ago they have not really gained any traction since. Scoot on the other hand in the meantime is on their tail to the point where the 2 of them are now on par for passengers carried and its just a matter of time before Scoot overtakes D7 here in Australia. Their sole Thai AirAsia X service which is to BNE has struggled to get a 50% load, last week they were advertising one way BNE-DMK for $102, D7 was advertising one way OOL-KUL for $80 and QZ PER-DPS oneway for $88.
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flee
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Re: Airasia X (D7) in trouble - looking to return 5 leased aircraft early, sell 2 aircraft to raise cash

Sat Feb 29, 2020 2:07 pm

Demand has dropped since the Covid-19 outbreak, hence the panic!

I was booked on a KUL-TPE trip but decided not to fly - so they made money out of me! However, my planed trip to NRT and KIX in March has been cancelled but the seats are not booked yet - their loss.

I would think that 1H 2020 will determine if D7 will survive or go under. There is also a possibility that they merge with Airasia Group.
 
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zeke
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Re: Air Asia-X Defers A330NEO's

Sat Feb 29, 2020 3:03 pm

Antarius wrote:
The virus is a convenient excuse. Better PR than admitting that you over ordered for no good reason, especially with the corruption and bribery probe.


Have a look at FR24 over Asia and come back to us if you still think the virus impact on aviation in Asia is fake news.
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aemoreira1981
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Re: Airasia X (D7) in trouble - looking to return 5 leased aircraft early, sell 2 aircraft to raise cash

Sat Feb 29, 2020 3:05 pm

Not something that D7 can really help. They have a lot of planes right now with nowhere to fly. VN is in a similar state, albeit with A321s. It will be really interesting how a new airline like JX will weather this, as they only started flying right as COVID-19 became problematic. But also for D7, the A21N is proving just as capable over missions of 3000 nmi or less than an A333...and the A21N(XLR) even more so as it's easier to fill that plane. You will be seeing a lot more missions in the future on narrow-body planes, with A330s being replaced by the A321neo. I see the A339 order being reduced again, and the A321neo being increased...as now one might see the A321XLR on 8-hour stages. Very quickly, the A321neo is proving to be a wide-body killer.
 
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Re: Airasia X (D7) in trouble - looking to return 5 leased aircraft early, sell 2 aircraft to raise cash

Sat Feb 29, 2020 3:33 pm

Do anyone know the serial number or registration that will leave this year? I guess the leaving ones is the former KA A330-300s that are brought by D7 in 2013.
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Antarius
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Re: Air Asia-X Defers A330NEO's

Sat Feb 29, 2020 4:05 pm

zeke wrote:
Antarius wrote:
The virus is a convenient excuse. Better PR than admitting that you over ordered for no good reason, especially with the corruption and bribery probe.


Have a look at FR24 over Asia and come back to us if you still think the virus impact on aviation in Asia is fake news.


One does not defer 78 planes indefinitely due to it. The virus is very much real, but this response is many levels above.

The original order never made sense.
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