Latest news with #AAX
Yahoo
26-06-2025
- Business
- Yahoo
Should You Think About Buying AirAsia X Berhad (KLSE:AAX) Now?
AirAsia X Berhad (KLSE:AAX), might not be a large cap stock, but it led the KLSE gainers with a relatively large price hike in the past couple of weeks. While good news for shareholders, the company has traded much higher in the past year. As a small cap stock, hardly covered by any analysts, there is generally more of an opportunity for mispricing as there is less activity to push the stock closer to fair value. Is there still an opportunity here to buy? Let's examine AirAsia X Berhad's valuation and outlook in more detail to determine if there's still a bargain opportunity. AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early. Great news for investors – AirAsia X Berhad is still trading at a fairly cheap price according to our price multiple model, where we compare the company's price-to-earnings ratio to the industry average. In this instance, we've used the price-to-earnings (PE) ratio given that there is not enough information to reliably forecast the stock's cash flows. we find that AirAsia X Berhad's ratio of 4.14x is below its peer average of 8.6x, which indicates the stock is trading at a lower price compared to the Airlines industry. However, given that AirAsia X Berhad's share is fairly volatile (i.e. its price movements are magnified relative to the rest of the market) this could mean the price can sink lower, giving us another chance to buy in the future. This is based on its high beta, which is a good indicator for share price volatility. View our latest analysis for AirAsia X Berhad Future outlook is an important aspect when you're looking at buying a stock, especially if you are an investor looking for growth in your portfolio. Although value investors would argue that it's the intrinsic value relative to the price that matter the most, a more compelling investment thesis would be high growth potential at a cheap price. With profit expected to grow by a double-digit 12% over the next couple of years, the outlook is positive for AirAsia X Berhad. It looks like higher cash flow is on the cards for the stock, which should feed into a higher share valuation. Are you a shareholder? Since AAX is currently trading below the industry PE ratio, it may be a great time to accumulate more of your holdings in the stock. With an optimistic profit outlook on the horizon, it seems like this growth has not yet been fully factored into the share price. However, there are also other factors such as capital structure to consider, which could explain the current price multiple. Are you a potential investor? If you've been keeping an eye on AAX for a while, now might be the time to enter the stock. Its prosperous future profit outlook isn't fully reflected in the current share price yet, which means it's not too late to buy AAX. But before you make any investment decisions, consider other factors such as the track record of its management team, in order to make a well-informed investment decision. Diving deeper into the forecasts for AirAsia X Berhad mentioned earlier will help you understand how analysts view the stock going forward. So feel free to check out our free graph representing analyst forecasts. If you are no longer interested in AirAsia X Berhad, you can use our free platform to see our list of over 50 other stocks with a high growth potential. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Hype Malaysia
25-06-2025
- Business
- Hype Malaysia
AirAsia X Goes Big On Central Asia With New Route To Magical Tashkent, Uzbekistan
We're off to Central Asia, fam! AirAsia X is celebrating its growing presence in Central Asia with the announcement of a brand new route to Tashkent, Uzbekistan, commencing on 15th October 2025 with a frequency of three times a week. After launching flights to Almaty, Kazakhstan in early 2024 with strong demand, AAX is now adding Tashkent to its network. The new route aims to boost travel between Southeast Asia and Central Asia, strengthening trade, tourism, and business links. With AirAsia's Fly-Thru service, travellers from ASEAN and Australia can now explore Uzbekistan more affordably, with easy connections to over 130 destinations worldwide. Benyamin Ismail, CEO of AirAsia X said: 'The launch of our Kuala Lumpur-Tashkent route is a strategic milestone in AAX's continued growth across Asia and beyond. Central Asia presents immense potential, with Uzbekistan's economy growing steadily and a rising middle class eager to explore new destinations. 'We have seen a marked increase in passenger demand for Central Asia following our successful Almaty route, and our vision is to create a comprehensive network that supports regional development and connects people to new places whilst creating unforgettable travel experiences along the way.' H.E. Mr. Karomidin Gadoev, Ambassador of Uzbekistan to Malaysia, commented: 'The commencement of direct flights by AAX between these two major cities is a landmark development for Uzbekistan-Malaysia relations. 'With Uzbekistan's tourism sector expanding rapidly and Malaysia's strong position as a tourism and business hub in Southeast Asia, this route will significantly enhance connectivity, foster tourism exchanges, and open new avenues for investment. We are excited to welcome AAX to this promising market and look forward to a fruitful venture.' Travellers can soon experience the magic of Tashkent with a promotional introductory fare from RM99 all-in* one-way economy seats starting from 23rd – 29th June 2025 for the travel period between 15th October 2025 and 14th September 2026. This special fare is subject to availability, with subsequent fares starting from RM899**. Tashkent, the capital of Uzbekistan, is a vibrant city known for its beautiful Islamic architecture, lively bazaars, and green parks. Travellers can explore the historic Silk Road and admire the city's impressive landmarks. As Uzbekistan's largest city and economic centre, Tashkent is becoming a popular spot for both tourists and business travelers. Flight Schedule Between Kuala Lumpur (KUL) & Tashkent (TAS): *All-in introductory fares are for one-way travel inclusive of airport taxes, regulatory fees, fuel surcharge, other relevant taxes and applicable fees. Seats are limited on a first come first serve basis starting 23 June 2025. For flights departing from Kuala Lumpur, Malaysia only. Other terms and conditions apply. **All-in fares are quoted for one-way travel only, including passenger service charges, regulatory service charges, fuel surcharges, and other applicable fees. Terms and conditions apply. What's your Reaction? +1 0 +1 0 +1 0 +1 0 +1 0 +1 0
The Sun
23-06-2025
- Business
- The Sun
AirAsia X expands Central Asia reach with new route to Tashkent, Uzbekistan
SEPANG: AirAsia X (AAX) announced today a new route to Tashkent, Uzbekistan, commencing on Oct 15 with a frequency of three times a week. Following AAX's entry into the region with Almaty, Kazakhstan in early 2024, with a consistently strong load factor and increased flight frequencies, the Tashkent route is aimed at further facilitating air travel between Southeast Asia and Central Asia, fostering stronger trade, tourism and business ties between the regions. This connectivity will enable more travellers in Asean as well as Australia, to explore Uzbekistan affordability with AirAsia's Fly-Thru options, spanning over 130 destinations worldwide. AirAsia X CEO Benyamin Ismail said: 'The launch of our Kuala Lumpur-Tashkent route is a strategic milestone in AAX's continued growth across Asia and beyond. Central Asia presents immense potential, with Uzbekistan's economy growing steadily and a rising middle class eager to explore new destinations. 'We have seen a marked increase in passenger demand for Central Asia following our successful Almaty route, and our vision is to create a comprehensive network that supports regional development and connects people to new places whilst creating unforgettable travel experiences along the way.' Meanwhile, Uzbekistan ambassador to Malaysia Karomidin Gadoev commented: 'The commencement of direct flights by AAX between these two major cities is a landmark development for Uzbekistan-Malaysia relations. With Uzbekistan's tourism sector expanding rapidly and Malaysia's strong position as a tourism and business hub in Southeast Asia, this route will significantly enhance connectivity, foster tourism exchanges, and open new avenues for investment. We are excited to welcome AAX to this promising market and look forward to a fruitful venture.' To mark AAX's commencement of the Tashkent service, travellers will get a promotional introductory fare from RM99 all-in one-way economy seats starting fromtoday until June 29 for the travel period between Oct 15, 2025 and Sept 14, 2026. This special fare is subject to availability, with subsequent fares starting from RM899.
The Star
28-05-2025
- Business
- The Star
AirAsia X 1Q revenue increases 3% to RM940mil
The low-cost airline said its forward sales trajectory remained promising. PETALING JAYA: AirAsia X Bhd (AAX) is remaining prudent in its monitoring of foreign exchange and jet fuel price trends. In a filing with Bursa Malaysia, the low-cost airline said its forward sales trajectory remained promising, particularly buoyed by trends on ancillary take-up. 'Barring any unforeseen circumstances, the group is optimistic that it will maintain this momentum as we move into one of our strongest quarters between October and December.' The company posted a net profit of RM50.2mil, in the first quarter ended March 31, 2025 (1Q25), down from RM80.12mil in the previous corresponding period. AAX said net profit in 1Q25 represented a 5% margin even as its cost base expanded parallel to operational growth. Cost per ASK edged up marginally to 13.97 sen driven by slightly higher staffing with additional aircraft in operation and airport-related expenses. 'These were partially mitigated by a lower jet fuel price year-on-year and a reduction in aircraft lease expenses as most aircraft exited pay-by-hour arrangements since 1Q24,' it said. AAX reported a revenue of RM940.1mil in 1Q25, increasing by 3% year-on-year from RM908.9mil in 1Q24, driven by a 12% growth in capacity to 1.29 million seats. 'In line with capacity expansion, AAX achieved a 12% year-on-year increase in passenger traffic in 1Q25, carrying 1.08 million passengers. 'This was driven by sustained demand across core markets and efficient capacity deployment, resulting in a robust passenger load factor of (PLF) 83%.' During the quarter under review, AAX said it expanded its available seat kilometres by 17% year-on-year to 5.88 billion, strategically aligning capacity to capture peak demand during festive and holiday periods. 'Japan and Australia emerged as key outperformers within the network, with core routes delivering strong load factors of between 85% and 90%, reflecting sustained travel demand and effective capacity optimisation in high-yield markets.' Meanwhile, AirAsia X Thailand (TAAX), the company's associate, recorded RM512.7mil in revenue and an operating profit of RM15.5mil in 1Q25. 'TAAX carried a total of 500,128 passengers this quarter, up 14% year-on-year as seat capacity increased by 23% year-on-year to 604,584 seats. 'The one-off effect of the hub transition from Suvarnabhumi to Don Mueang in October 2024 has stabilised, with the network now operating at peak performance. TAAX's average fare held strong at RM833 per passenger this quarter,' it said.
The Star
28-05-2025
- Business
- The Star
AAX's 1Q25 revenue increases 3% to RM940mil
PETALING JAYA: AirAsia X Bhd (AAX) is remaining prudent in its monitoring of foreign exchanges and jet fuel price trends. In a filing with Bursa Malaysia, the airline company said its forward sales trajectory remains promising, particularly buoyed by trends on ancillary take-up. 'Barring any unforeseen circumstances, the group is optimistic that it will maintain this momentum as we move into one of our strongest quarters between October - December.' The company posted a net profit of RM50.2mil, in the first quarter ended March 31, 2025 (1Q25), down from RM80.12mil in the previous corresponding period. AAX said net profit in 1Q25 represented a 5% margin even as its cost base expanded in parallel to operational growth. Cost per ASK edged up marginally to 13.97 sen driven by slightly higher staffing with additional aircraft in operation and airport-related expenses. 'These were partially mitigated by a lower jet fuel price year-on-year and a reduction in aircraft lease expenses as most aircraft exited pay-by-hour arrangements since 1Q24,' it said. AAX reported a revenue of RM940.1mil in 1Q25, increasing by 3% year-on-year from RM908.9mil in 1Q24, driven by a 12% growth in capacity to 1.29 million seats. 'In line with capacity expansion, AAX achieved a 12% year-on-year increase in passenger traffic in 1Q25, carrying 1.08 million passengers. 'This was driven by sustained demand across core markets and efficient capacity deployment, resulting in a robust passenger load factor of (PLF) 83%.' During the quarter under review, AAX said it expanded its available seat kilometres by 17% year-on-year to 5.88 billion, strategically aligning capacity to capture peak demand during festive and holiday periods. 'Japan and Australia emerged as key outperformers within the network, with core routes delivering strong load factors between 85% and 90%, reflecting sustained travel demand and effective capacity optimisation in high-yield markets.' Meanwhile, AirAsia X Thailand (TAAX), the company's associate, recorded RM512.7mil in revenue and an operating profit of RM15.5 million in 1Q25. 'TAAX carried a total of 500,128 passengers this quarter, up 14% year-on-year as seat capacity increased by 23% year-on-year to 604,584 seats. The one-off effect of the hub transition from Suvarnabhumi to Don Mueang in October 2024 has stabilised, with the network now operating at peak performance. TAAX's average fare held strong at RM833 per passenger this quarter.' As of March 31, 2025, AAX's total fleet increased to 19 A330 aircraft following the induction of one additional aircraft from a third-party lessor. 'Of these, 17 aircraft were activated and operational. TAAX maintained a fleet of 10 A330s, supporting network recovery and growth across core markets.' AAX chief executive officer Benyamin Ismail said it had been a stellar quarter for the group, having delivered sustained passenger load and profitability. 'In February, we took delivery of one additional aircraft, and today, the company has 18 out of its 19-aircraft fleet operational. 'The final aircraft is on track for reactivation by mid-year, and we are focussed on ensuring full fleet deployment to meet market demand.'
