AirAsia in UK tie-up talks

AirAsia Bhd, the region’s biggest listed budget carrier, will discuss a potential joint venture in London, Chief Executive Officer Tony Fernandes said.

“Closing off a new potential joint venture to submit to the board for AirAsia,” he wrote on his personal Twitter site. “Sales are kick ass,” said Fernandes, adding that he was en route to the U.K.

The Sepang, Malaysia-based airline flies to London through its long-haul arm AirAsia X Sdn Bhd. -- Bloomberg

Read more: AirAsia in UK tie-up talks http://www.btimes.com.my/Current_News/BTIMES/articles/20110812121453/Article/index_html#ixzz1UpV2eX3X

AirAsia-ANA tie-up Finally

Airasia next resistance at 3.85 and support 3.67.  Candlestick form hanging man,  potential sideway (fluctuate 3.67-3.85) next week.  Take profit accordingly if hit 3.83.

Stock to sell 20 July: Airasia

I always believe this trading rule: Buy on rumor sell on news. Take profit at 3.58

OSK Upgrades Fair Value Of Airasia To RM4.34

KUALA LUMPUR, July 19 (Bernama) -- OSK Research Sdn Bhd has upgraded its fair value on AirAsia Bhd to RM4.34 from RM3.89 while maintaining its 'buy' call.

In a research note Tuesday, OSK said AirAsia's revenue passenger kilometres (RPK) and passenger carriage for first half of financial year 2011 (1HFY11) remained consistently strong, growing by 16 per cent and 23.2 per cent year-to-date.

"Considering that 1H is typically the weaker half of the year, AirAsia's numbers nevertheless remained consistently strong despite the fuel surcharge having taking full effect in May," it said.

It said AirAsia's second quarter earnings were expected to rise further quarter-on-quarter on the back of improving yields due to the fuel surcharge, loan factor and RPK.

-- BERNAMA

Will Airasia continue uptrend?

AirAsia Bhd, Southeast Asia’s biggest budget carrier, carried 19.6 per cent more passengers in June compared to a year earlier, according to an e-mailed statement today.

Its load factor rose to 80 per cent in June from 79 per cent last year, it said. In Malaysia, passenger trafic climbed 11.1 percent, 33.4 per cent in Thailand and 39.6 per cent in Indonesia, it said. The group carried 20.9 per cent more passengers in the second quarter of 2011, according to the statement. -- Bloomberg

Read more: AirAsia flies 19.6pc more passengers in June http://www.btimes.com.my/Current_News/BTIMES/articles/20110718154343/Article/index_html#ixzz1STC1fx4E

All Bank Sector down and they are waiting for the Debt Ceiling at USA,could this factor dragging Airasia to continue uptrend? Today, ADX, MACD, RSI, STO signal showing bearish :(
Airasia form a lower high but its closing price still above 20dMA, worth to hold for another round of bullish.

AirAsia-ANA tie-up likely

How you can make huge profit in Airasia?  Maximize profit using trail stop loss technique

PETALING JAYA: AirAsia is likely to have a joint venture with Japan's largest carrier - All Nippon Airways (ANA) - to set up a low cost airline likely to be called AirAsia Japan.
An announcement on the collaboration is expected to be made next week and it would involve the setting up of a low cost carrier (LCC) and a hub in Japan by AirAsia. The LCC will serve the domestic market and eventually regional markets, sources say.
Like its other joint ventures in Indonesia, Thailand, the Philippines and Vietnam, AirAsia will partner ANA, which may lead in equity share holding but operationally, the Malaysian carrier will be in the driver's seat.
Whether this JV will involve ANA's recently launched low cost unit, Peach Aviation, is not clear.

Peach, which is said to have received its Air Operators' Certificate from the country's Civil Aviation Bureau is owned by ANA in partnership with Hong Kong's First Eastern Investment Group and Japan's Innovative Network. All three parties own a 33.3% each in Peach.
Peach is supposed to operate in March next year from Kansai International Airport and AirAsia Japan probably will operate from either Tokyo or even Fukukoa.
There are plenty of choices for AirAsia to operate from including Fukukoa Osaka, Sapporo, Haneda and even Kansai.
Narita Airport, based in Tokyo, is the busiest airport in Japan and last year it said it would open a terminal exclusively for low-cost airlines in a bid to grab a larger slice of the increasingly competitive Asian tourism market.
For AirAsia which is still in expansion mode, the JV bodes well in terms of reach and connectivity. Even though AirAsia's sister airline, AirAsia X flies to Tokyo via Haneda, a hub gives the airline exposure to a new market, traffic and connectivity that enlarges its route network.
This venture will eventually translate to additional revenues for AirAsia in the longer term.
AirAsia joint venture in the Philippines is set to take off in October this year from Clark. Both ThaiAirAsia and IndoAirAsia have grown in size to become candidates for initial public offerings.
ANA is the eighth largest airline in the world by revenues and the largest in Japan by passenger numbers. Founded in 1952, it flies to 76 domestic and international cities in a fleet of 228 aircraft serving a network of 164 routes.
ANA has 33,000 employees and operates more than 1,000 flights a day. In 2009, it carried 44 million passengers.
ANA has been a core member of Star Alliance since 1999. It has a 47% share in Japan's domestic passenger services market.
ANA's rival is Japan Airlines (JAL) which is also in talks with Qantas to set up its own low cost airline. JAL is a member of oneworld and ANA has a code share arrangement with Malaysia Airlines.
ANA will also be launching the world's newest and most advanced passenger aircraft - the Boeing 787 Dreamliner this year.

Can we fly again with Airasia?

I believe Airasia can fly,do you? All signal are intact except volume distribution show high selling pressure.  perhaps it is intraday profit taking.  Hold airasia and let ride the bull togather.

Anyone lock the Airasia today?

Airasia hit our entry price today.  Anyone manage to buy it?  It is closing at our entry price, let's hope airasia fly high!  Everyone can fly!

Technically, Airasia is nice.  As you can see, the white candle today is supported with high volume (Bullish).  Furthermore, the ADX start to cross above 40 indicating the uptrend momentum become stronger.  MACD look good today, 4R1G indicating bullish.  Both RSI and STO signal look good (bullish).  Please sell half when the price hit RM3.65, and the balance aim for RM3.84.  Airasia support is at 3.50 and our cut loss is at 3.42 (2 pips below previous higher low closing).

Airasia high selling pressure

We maintain entry price @ RM3.52

Will Airasia continue to bull?

Entry price: 3.52
Profit taking: 3.65,3.84
Cut loss: 3.35
Resistance: 3.67, 3.86
Support: 3.37
Trend: Uptrend (Bullish)
Form higher high (Bullish)
ADX: Nearly cross above 40 from below, good momentum (Bullish)
MACD: kissing and waiting for 4R1G, this will be critical turnover point (Undetermine)
RSI: Retrace toward 70%.  Bull if rebounce, berish if break below
Sto: Bearish crossover and broke below 80% (Bearish)
Candle Stick - Hammer on support 3.37(Undetermined ) Waiting for next day signal. If White candle and goes up it will be bullish
Conclusion: 3 Bulls 2 Bear.  Bull win