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UOB Kay Hian Research retains Hold on AirAsia, FV RM1.86

KUALA LUMPUR: UOB Kay Hian Malaysia Research is retaining its Hold recommendation for AirAsia Bhd, whose shares were recently sold down, with a fair value of RM1.85.


Breakfast briefing: Thursday, June 18

Breakfast briefing: Thursday, June 18


The ever-evolving cyberthreat to planes

Hackers and cyber-terrorists present an ever-evolving threat to airlines, with experts constantly testing for new vulnerabilities – including the fear that drones could be used to throw a plane off course.


New U.S.-Philippine military deal, already on ice, could face further delays

MANILA (Reuters) - A U.S.-Philippine defence agreement that would help counter China's growing naval power in the disputed South China Sea has yet to be implemented more than a year after it was signed, and could now face a fresh political hurdle in Manila.


Sea claim not a ‘done deal’

TOKYO: Japan warned China that its extensive land reclamation in the disputed South China Sea does not make ownership “a done deal”, after Beijing announced it had almost finished its controversial island-building.


AirAsia’s capital plans includes beefing up funds

PETALING JAYA: After having lost almost RM1bil in market capitalisation over the last five days, budget carrier AirAsia Bhd is spelling out measures designed to improve its balance sheet, particularly to reduce the amount owed by its associates in Indonesia and the Philippines.


A meaningful award for AirAsia

PARIS: AirAsia Bhd group chief executive officer Tan Sri Tony Fernandes described the airline’s award of “Asia and World’s Best Low Cost Airline” for the seventh consecutive year as “most meaningful for him”.


AirAsia plans sale and leaseback of 20 planes in 2015

KUALA LUMPUR: AirAsia Bhd, which owns more than 120 aircraft, plans to undertake a sale and leaseback (SLB) of up to 20 aircraft in 2015 as it also seeks to reduce its debt level.


Top foreign and local news at 3pm

Top foreign and local news at 3pm


AirAsia seeks to consolidate associates’ account, upbeat on Indonesia, Philippines

KUALA LUMPUR: AirAsia Bhd, whose share price has come under heavy selling pressure, said on Wednesday it is working with the regulators to allow to company to consolidate its associates’ accounts.