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Why does MOF need to hire Alton Aviation Consultancy to assess AirAsia's funding needs ? It cannot possibly be so bad that Government/MOF need to get involved in private sector business just like in Vantris Energy (unable to pay suppliers promptly) previously.
Weekly jet fuel price already went up by 9% to US$171 as at 4 September 2026. With global Brent crude oil expected to head past US$100 this week, weekly jet fuel price likely to increase further at the next setting this week (11 September 2026). Negative for AAGB that practices zero jet fuel hedging policies. QR3 will continue to be bad due to flight capacity reductions and escalating jet fuel prices.
ME conflict still continuing and escalating from Winter into the Autumn. Once Brent Oil price hits past US$100, just imagine the weekly jet fuel prices cost going forward for aviation company that does not do jet fuel hedging policies. EndGame !
Brent Oil price just hit past US$101. AAGB is definitely too big to fail and might eventually need to be bailed out by the government. However, as in Malaysia Airlines previously, the problem is government in using tax payers monies might only rescue the company business instead of the stock.