Khamis, 18 Ogos 2011

NST Online Business Times : latest


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NST Online Business Times : latest


AirAsia in talks with Airbus on further jet order

Posted: 18 Aug 2011 06:21 PM PDT

AirAsia Bhd's Chief Executive Officer Tony Fernandes said he's held talks with Airbus SAS on extending an order for A320 single-aisle aircraft.

Asia's biggest discount airline is looking at converting positions for further planes that it secured after agreeing to buy 200 re-engined neo versions of the A320 worth US$18 billion in June, Fernandes said today in an interview in London.

"It's early days but we have an option for another 100 planes," he said. "We will definitely need more. I have consistently said that we need 500 planes."

AirAsia wants more jets following a planned tie-up with Malaysian Airline System Bhd., according to Fernandes, who is a director at both companies. The existing contract is the biggest in Airbus's history by plane numbers.

Fernandes, who spoke at London soccer club Queens Park Rangers after agreeing to buy a 66 per cent stake from Formula One chief Bernie Ecclestone and his partner Flavio Briatore, said today that "business is looking up," adding: "It's better than I thought." -- Bloomberg
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Zelan declines after posting Q1 net loss

Posted: 18 Aug 2011 06:15 PM PDT

Zelan Bhd, a Malaysian builder, fell the most in more than a week in Kuala Lumpur trading after reporting an RM8 million net loss for its fiscal first quarter.

Its shares dropped 3.2 per cent to 30.5 sen at 9:11 a.m. local time, set for their largest decline since Aug. 9. -- Bloomberg

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