Airline Group Poised for Growth AAX: Airline Group Poised for Growth on Strategic Restructuring and Favorable Market Conditions Investment Bank HLIB Research TP (Target Price) RM3.35 (+101.8%) Last Traded RM1.66 Recommendation BUY HLIB Research has initiated coverage on AirAsia X (AAX), soon to be known as AirAsia Aviation Group (AAG), with a “BUY” rating and…
Financial News Article AAX: Airline Secures Funding, Target Price Raised Amid Positive Outlook Investment Bank TA SECURITIES TP (Target Price) RM0.25 (+25.0%) Last Traded RM0.20 Recommendation BUY A prominent airline has successfully concluded a significant fundraising exercise, with its proposed private placement fully subscribed. This achievement marks a crucial financial milestone, paving the way for…
Financial News Report AAX: Core Earnings Rebound on Cost Control, Analyst Maintains Buy Rating Investment Bank TA SECURITIES TP (Target Price) RM0.25 (+25.0%) Last Traded RM0.20 Recommendation BUY An airline group has reported a significant turnaround in its core net profit for the third quarter of fiscal year 2025 (3QFY25), reaching RM8.9 million. This marks…
Airline Posts Strong Headline Profit, Core Earnings Miss Estimates on Yield Pressures AAX: Airline Posts Strong Headline Profit, Core Earnings Miss Estimates on Yield Pressures Investment Bank TA SECURITIES TP (Target Price) RM0.25 (+25.0%) Last Traded RM0.20 Recommendation BUY Despite reporting a significant surge in its headline net profit for the second quarter of financial…
AirAsia X Takes Flight into Q1 2025: Navigating Growth Amidst Shifting Winds Good day, fellow investors and aviation enthusiasts! AirAsia X Berhad (AAX), the long-haul arm of the AirAsia Group, has just unveiled its First Quarter Report ended 31 March 2025. As we dissect these numbers, a clear picture emerges: the airline is certainly expanding…