Is Malaysia Airports for sale?

Now which Fernandes got 20.5% of Malaysia Airlines for roughly a song as well as shortly to call a shots, one wonders what his subsequent prey would be?

Would he wish to control Malaysia Airports?

That tender would not be too distant fetched. In a make a difference of fact, it would be really most up his avenue. After having a really successful low price carrier as well as two days ago inked a share barter understanding which got him a controls of a most indispensable Tier-5 airline, controlling airports would synergise a total Tune Group business-turned-empire. Especially he already tried to use Sime Darby as well as set up a dedicated low price carrier airfield somewhere near Labu.

That failed.

And he did not stop there. He was pronounced to try his fitness using Perak Menteri Besar Dato Seri Dr Zambry A Kadir. Parit Buntar is a most commercially viable mark for a dedicated LCCT airfield for a North.

Malaysia Airports is a really great house to go after. They manage 39 airports in a country as well as 4 others abroad. The annual turnover is RM 1.1 billion where increase have been available at RM 266 million. The most prized ite! m of Mal aysia Airports is a new KLIA II LCCT, which would be completed! end of subsequent year. Currently, KLIA (with present LCCT) is handling 34 million passengers with 244,000 aircraft movements annually. In five years time, it would be raised to 50% more, where KLIA II would be awaiting thirty million travelers by a dedicated LCCT depot complex. Thus, it would be best to go for a kill in a soonest opportunity arises.

For a record, AirAsia have been overdue Malaysia Airports a lot of dues. In 2008, afterwards Minister of Transport reported to ParliamentAirAsia owed RM 110 million. As of earlier this year, AirAsia is still overdue RM 103 million. That is roughly 10% of Malaysia Airports annual turnover.

Tan Sri Bashir Ahmad Abdul Majid

Of course, Managing Director Tan Sri Bashir Ahmad Abdul Majid would be indispensable to be absolved off first. Just similar to Tengku Azmil. He was shown a doorway a hour they inked a share barter deal. Bashir would be in a approach of Fernandes, who would wish to call a shots.

Now, wouldnt all these be realistic? Probably. Lets see what will transpire soon. Or may be earlier than some would never imagine. We have been willing to bet which your theory is as great as ours; CIMB would probably be a deal-maker again for this.

*Updated Friday 12 August 2011 0030hrs

-bigdogdotcom

Courtesy of Bonology.com Politically Incorrect Buzz & Buzz