KUALA LUMPUR, Sept 27 Tun Dr Mahathir Mohamad threw his weight currently behind a argumentative share barter understanding in between a inhabitant conduit as good as AirAsia despite strong opposition from a right-wing Malay belligerent as good as Malaysia Airlines (MAS) staff against Tan Sri Tony Fernandes involvement.
Critics have accused a bill carriers ambitious boss of taking advantage of a loss-making inhabitant airline to fuel Fernandes personal ambitions, a latest being a merger of English Premier League club, Queens Park Rangers.
The inhabitant conduit will unite QPRs home jersey for a subsequent dual seasons, while AirAsias logo will be emblazoned upon a teams away as good as third kits.
The still-influential former budding apportion pronounced currently he was fed upwith MAS government over a years.
Government had supported MAS with supports as good as protection though MAS had never done well, thecountrys longest-serving budding apportion of twenty-two years wrote in his blog today,comparing a dual airlines.
In contrast, he observed which AirAsia being a newcomer in to a aviation industry had defied a contingency as good as grown from a two-plane operation covering four routes in to Asias greatest bill carrier.
All I longed for to see is Air Asias government playing a role, indirectly or directly in a government of MAS, pronounced Dr Mahathir (picture).
The 86-year-old appears to be pulling AirAsia to a forefront in brand new months,including suggesting, during this years Langkawi International Dialogue during Putrajaya last June, a bill conduit open up brand new routes from Malaysia to multiform African countries.
MAS as good as AirAsia inked a understanding upon Aug 9, which allows a ! loss-mak ing inhabitant conduit to barter a 20 per cent interest for 10 per cent in Asias tip money-making bill carrier.
The barter enabled AirAsia bosses Fernandes as good as his partner Datuk Seri Kamaruddin Meranun to sit upon a MAS house as good as evidently assistance spin it around.
MAS hadannounced in Aug a net loss of RM527 million for a second entertain of 2011 due to aloft fuel costs despite recording a improved yield as good as a 9 per cent growth in passenger income from a same period last year.
This brings sum losses in a first half of a year to RM769 million even as a airline pronounced which distinction outlook for a second half of a year appears bleak.
MAS had been you do good until a Asian monetary crisis hit in 1998, which after led to the resources being sole off to finalise the balance sheets.
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