Air Asia Phillipines issues

[moa999]

Final demand notice about a US$14m debt due to government.

AirAsia PH hit with ‘final demand’ notice as dues near P1B, key operations at risk

AirAsia Philippines, one of the country’s biggest airlines, could face significant operational disruptions as nearly P1 billion in unpaid government dues threatens its licenses and airport access, the Civil Aviation Authority of the Philippines warned on Monday.

insiderph.com

 

[Saab34]

AirAsia should just stick to its Malaysian, Thai and Indonesian airlines.

They have failed as much did Jetstar, Tiger/Scoot in trying to branch out.

Ordering stupid amounts of aircraft to any defer or cancel them, the whole model which was a pan Asian network carrier with hubs everywhere, well the reality is it doesn’t work.

Where exactly to they intend to place 350 A321Neo’s? Then we have LionAir with 250 MAXs on order who stopped taking them during the MAX accidents and was trying to get out of the contract. Vietjet has another 400 on order. What are all these entrepreneurs smoking?

 

[OZDUCK]

AirAsia should just stick to its Malaysian, Thai and Indonesian airlines.

They have failed as much did Jetstar, Tiger/Scoot in trying to branch out.

Ordering stupid amounts of aircraft to any defer or cancel them, the whole model which was a pan Asian network carrier with hubs everywhere, well the reality is it doesn’t work.

Where exactly to they intend to place 350 A321Neo’s? Then we have LionAir with 250 MAXs on order who stopped taking them during the MAX accidents and was trying to get out of the contract. Vietjet has another 400 on order. What are all these entrepreneurs smoking?

For AirAsia possibly one of those situations where if all the balls stopped moving then all of a sudden it becomes obvious how indebted the company is. Don't look there look here at this shiny announcement.

 

[markis10]

Now grounded Philippines grounds AirAsia operations over P270M in unpaid airport fees

 

[Saab34]

It’s not a big figure so I think it really exposes the cash issue the AirAsia group has. Its Indonesian arm is another I’d be watching closely, they have cut nearly half the schedule.

 

[markis10]

It’s not a big figure so I think it really exposes the cash issue the AirAsia group has. Its Indonesian arm is another I’d be watching closely, they have cut nearly half the schedule.

Agree, 6M over six years….