August 10, 2011
MAS-AirAsia Deal: For Growth as well as Enhancing Competitiveness
by Joseph Sipalan@www.malaysiakini.com
Aug 9, 11
6:56pm
Top bosses of Malaysias dual largest airlines currently swatted aside concerns of the corner in their freshly inked Comprehensive Collaboration Framework (CCF), arguing which it was geared towards expansion as well as mending their competitiveness in their particular market segments.
AirAsia Group chief senior manager officer Tony Fernandes pronounced the emanate of the corner did not arise as the agreement usually involved share swaps in between his airline as well as national conduit Malaysia Airlines.
It is not the partnership the suspicion of the corner is crazy, he pronounced during the press discussion after signing the CCF during the hotel in Kuala Lumpur.
Fernandes explained which the newly-inked horizon would work in favour of both airlines as well as consumers, as well as it puts the countrys attention players in the same citation in the interest of growing their businesses as well as the economy, whilst during the same time upon condition which better services as well as some-more job opportunities.
Focus upon core competencies of both airlines
With the advent of the open sky process as well as the multitude of airlines operating globally, he added, there was no way the horizon could constitute the corner of Malaysias airspace by the select couple of companies.
Khazanah Nasional Bhd managing director Azman Mokhtar (pic below) pronounced the brand brand new horizon would emphasize the key strengths of MAS as well as AirAsia which he pronounced are dual graphic as well as apart companies with dual grap! hic as w ell as apart business models.
Explaining the role of the CCF progressing in the press conference, Azman pronounced they longed for to focus upon the core competencies of both companies, with MAS doing long-haul full use flights as well as AirAsia maintaining the successful bill operations.
Azman additionally denied which the understanding was the bailout for the ailing national carrier, stressing which there is no additional money coming, from either the supervision or AirAsia, in the share swap.
Fernandes argued which the CCF would instead urge their competitiveness as well as have the hub much stronger by sketch incomparable numbers of arrivals to the KL International Airport (KLIA).
The skys the limit, he said.
Firefly to go full service
Meanwhile, MAS chairperson Md Nor Yusof pronounced there were skeleton to convert Firefly, the national 
carriers bill arm, in to the full-service airline for short haul routes.
Responding to the question upon the possibility of approach foe in between Firefly as well as AirAsia in view of the newly-inked horizon agreement, Md Nor concurred which it could happen, especially with Fireflys recent foray in to the jet craft segment.
However, he said, this was an emanate which MAS would be seeking into. Were seeking during Firefly as the base to urge upon the short-haul full use flights, so this way we are actually seeking during 4 quadrants in the framework, he said, explaining which long- as well as short-haul full use flights will be handled by MAS as well as Firefly respectively, whi! lst AirA sia X as well as AirAsia would manage the prolonged -and short-haul bill routes.
On the long-standing lobby by AirAsia X to secure the Sydney (Australia) route, Fernandes left reporters with the hint which the airline might finally get to fly Sydney. we consider so,! was as much as he volunteered when pressed for details upon his Sydney lobby. Azman fuelled suspicions which the track was inside of AirAsia Xs grasp, observant which the CCF is about expansion as well as can accommodate some-more competition.
I hope Sydney is open to others. There is the lot of room for everybody the the dauntless brand brand new world, full of brand brand new things, he said
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