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Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
Air Asia
Air Asia (2630) investor relations material
Air Asia Investor presentation summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Investor presentation summary30 Oct, 2026
H1 financial performance
Net revenue was NT$2,643,507 thousand in 2025H1 and NT$2,095,551 thousand in 2026H1; gross profit was NT$286,671 thousand and NT$177,881 thousand, respectively.
Operating expenses were NT$124,623 thousand in 2025H1 and NT$134,517 thousand in 2026H1; operating profit was NT$162,048 thousand and NT$43,364 thousand, respectively.
Profit before tax was NT$142,832 thousand in 2025H1 and NT$30,515 thousand in 2026H1; net income was NT$114,338 thousand and NT$24,186 thousand, with EPS of NT$0.55 and NT$0.12, respectively.
Government contract portfolio
Main government business spans GOCO, GOCO Songshan, OH-58D, TH-67, CH-47SD, NASC, UH-60M and NASC King Air contracts, with the timeline extending through 2033.
MRO market outlook
Average global fleet age rose from 13.4 years in 2024 to 14.8 years in 2025, with delays in new aircraft deliveries supporting MRO demand.
Heavy airframe maintenance follows an 8–12-year cycle; demand growth is forecast to accelerate from 0.6% in 2026–2031 to 2.5% in 2031–2036.
Global MRO demand is forecast to grow at a 2.8% CAGR in 2026–2031; expansion efforts focus on Asia and opportunities in Australia.
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Latest events from Air Asia
- Revenue and profit fell sharply year-over-year, with gross margin at 8% and high customer concentration.2630
Q2 2026 - Revenue and net profit declined in Q1 2026, but liquidity and margins remained stable.2630Q1 2026
- Net profit surged to NT$38.5 million in Q1 2024, with gross margin up to 9%.2630Q1 2024
- Net profit rebounded to NT$80.4 million in H1 2024 on 5.6% revenue growth and higher margins.2630Q2 2024
- Strong revenue and profit growth with improved margins, stable outlook, and no major disruptions.2630Q3 2024
- Net profit and revenue surged in 2024, with margins and commercial segments strengthening.2630Q4 2024
- Q1 2025 revenue was stable, but net profit and EPS declined year-over-year.2630Q1 2025
- Revenue and profit rose, with higher margins and stable operations despite concentrated customers.2630Q2 2025
- Net profit jumped 64.4% on higher revenue, improved margins, and robust MRO market outlook.2630Q3 2025
Next Air Asia earnings date
Q3 202620 Nov, 2026
Air Asia
Next Air Asia earnings date
Q3 202620 Nov, 2026
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