Separate ways?The Utusan Malaysia ran the story suspecting the collapse of the certification in between Malaysia Airlines Berhad as good as Air Middle East Berhad.
There has been talks. Read Syed Akbarhere.
The reason cited was which it did not great MAS though usually skimmed MAS lower into the abyss. However, the source to Utusan Malaysia claimed the cancellation would have negative impact upon MAS.
Can this news be trusted or it is only the fake pulled by the stream supposed turnaround 'management team'?
We during ABITW binds the hold which it is improved which the certification did not fall by since Khazanah or Azman Mokhtar himself have 'decayed' in his words to keep any airline sojourn in their particular pattern or quadrant.
Typical criminal as good as insult or 'consultant' thinking. A most improved word would have been marketplace segment.
Let's review the Utusan Malaysia news first:
Perjanjian MAS, AirAsia batal?If it is true, the genuine reason could be political. As we had wrote earlier, MAS as good as the airline attention can potentially effect 100,000 voters opposite Barisan Nasional.
KUALA LUMPUR 11 Mac Pertukaran saham antara Malaysian Airline System Bhd. (MAS) dan AirAsia Bhd. (AirAsia) dipercayai akan dibatalkan kerana perjanjian yang dilaksanakan sejak tujuh bulan lalu tidak memberi sebarang faedah dan kelebihan kepada MAS.
Sumber berkata, spekulasi pembatalan pertukaran saham MAS-AirAsia itu kini semakin hangat diperkatakan dalam pasaran dan dipercayai turut menjadi perhatian kerajaan.
"Sama ada perjanjian tersebut benar-benar dibatalkan atau dirombak semula, perkara itu dijangka berlaku.
! "Cuma pe rsoalannya bagaimana ia akan dibuat kerana dikhuatiri pembatalan atau rombakan akan memberi implikasi kos kepada MAS.
"Kalau ia berlaku (implikasi kos), dikhuatiri akan memberikan kesan yang tidak baik kepada MAS yang kini dilanda krisis,'' kata sumber itu kepada Utusan Malaysia.
...
Sila dapatkan naskhah Utusan Malaysia hari ini atau ikutiUtusan Onlineselepas 6 petang untuk artikel penuh.
The union have warned Dato Seri Najib which they will not opinion BN if their jobs have been affected. The staff have been now unfortunate since they planned personnel cutback will be from 22,000 to 5,000 for prolonged transport as good as 5,000 for reduced hauls.
Thus distant the government promises no retrenchment great as good as unethically encourgaing great senior staff to find the new pursuit or go for giveaway send to the two operations.
The clueless as good as the heartlessThe heartless as good as ruthless cum Tony F's proxy, Danny Yusoff will lead the reduced haul, whilst the clueless puppet Ahmad Jauhari will lead the prolonged haul. That is the single dream preference of employers Khazanah has lined up for MAS employees.
Apart from the stated great reasons, there is fundamental flaw with the MAS government supposed 'turnaround' devise as good as even with the perspective of Tun Dr Mahathir (although we notice he h! as proce ed to shift his view) to cut some-more price for MAS.
MAS is the full serviced reward airline, to illustrate the low cost, low ticket price as good as thin margin mentality of Air Middle East is not suitable.
Currently, MAS runs during the price of 25 sen per price accessible chair km. In comparison to Cathay Pacific during 30 sen, as good as SIA during 29 sen, it is already the lowest price reward airline in the region.
The Danny Dungu Yusof's devise to cut price by some-more outsourcing as good as repeating hisBina Tak Cukup Fikir's WAU devise of outsourcing is ridiculous.
MAS complaint lies during the income side. Despite their tall cost, Cathap Pacific achieved the income of 33 sen per accessible chair km as good as SIA 31 sen. While, MAS is going during 20 sen.
Clearly the complaint is marketing, which under Tengku Azmil was the mess. The root of the complaint is which during the time of Idris Jala, the Business Tranformation Plan entails improving product.
Other than having nuthead in the form of Dr Amir in the blurb group as good as there was no executive though an accountant airline newbie as CEO, the main reason was defective product.
In our investigation, we unclosed which the reason was Azmokh who refused to pumped income in which direction. He refused to outlay via refurbishment or newer latest airplane with up-graded facilities.
With the product problem, MAS pricing was out of whack. How could we have great chain as good as graduation when an As! sistant Commercial Director throwing chairs during any alternative in assembly as good as any sabotaging any alternative during the price of the Company?
There we go.
But this does not meanIdris Jala was any improved as being praised by associate Evangelist, Lim Guan Eng. He was the pitiable butcher from Shell amateurish to see the timber from leav! es as go od as see retrenchment as good as object sales as an involuntary solution.
He made no income was losing RM100 million the month though lonesome it up by merely offered object as good as flitting it off as doing profit. Remember we pronounced of past practise in MAS to have use of non cash distinction object to cover for operation loss?
When he couldn't get profit, he hedged fuel during the top as good as MAS distinction as good as detriment goes out of strike to simulate the oil marketplace then the company's loyal distinction as good as loss.
He was held when he announced distinction though did not disclosed the some-more than RM350 million doing loss. That price him his pursuit during MAS.
Oh well, because should we hold Guan Eng's praises. He is though the compulsive liar who does it publicly upon the weekly basis.
Despite blurb being the problem, the new turnaround idiots were slicing essential as good as strategic routes which have been partial of the critical network of airlines, shutting up or let's have use of acanggihword, repositioning the distinction making Firefly into Sapphire as good as outsourcing operations identical to cargo.
There is then the slicing up of capacity by 12%. You cut capacity identical to what the foolish Idris Jala did, we cut your intensity income source. It is identical to we tighten the line in the factory as good as your profitability intensity is slashed down immediately.
Pan El of the millenium in the makingAll these benefited Air Asia.
Air Middle East X was listened to try as good as collect the pieces of destinations identical to Sydney, London, Buenos Aires, etc.
Insi! ders' so urces claimed which Tony F as good as not surprisingly possible proxies of Khazanah people as good as even the government group have seductiveness in companies getting the outsourcing of engineering, training, belligerent doing as good as load business.
Over time, we shall name names.
What creates it worse for MAS is which the CEO is cluelessly dumb. He could discuss it the staff which Air Middle East has no flight for prolonged as good as middle haul. Air Asia-Xitu apa bang?
The genuine regard we have with Air Middle East is which not usually it is formed upon low cost, low price as good as low margin, it is also formed upon tall expansion model. Air Asia's price is 10 sen per ask as good as it's income is 13 sen per ask.
That is the reason they have been being mischievous as good as unethical.
Recently Air Middle East have been slicing their own routes too. As it is Syed Akbar pronounced which Singapore has refused to maintain Air Middle East planes as good as Qatar as good as Brisbane airports have been not permitting Air Middle East airplanes.
Read Syed Akbarhereandhere.
How will their grow as good as grow devise to work?
Without tall expansion model, who wants to invest in association with low distinction margin association in the highly capitalised industry?
Come down to earth or they will go under.
Air Middle East has got the fleet of 110 airplanes as good as systematic up to 300 from Airbus. Rumours a! re sayin g Tony F had boosted which he verbally told the French President Sarcozy to be rebuilt for 500 air planes.
Thus distant it will price USD6 billion, so where will Air Middle East get the income to compensate for which as good as their right emana! te of RM 1 billion for MAS rights issue?
We strongly hold these MILFers entered MAS to secure as good as pull out report for the final rape.
Don't be simplistic as good as demand quick answer as to only take Air Middle East as partner for MAS to turnaround it. Air Middle East have not gone around the block as good as nonetheless to see the crisis.
Most companies with identical models get wiped out in the single crisis. We've not known the monetary situation of Air Asia-X. Not most knows which it is the losing concern.
What about the monetary situations of all those Air Asia's subsidiaries in all the countries they fly to in Asia. The partners of any the single of them have been politicians or dictators which for all likelihood have been milking the companies.
No the single unequivocally knows.
That is what we meant of Air Middle East as intensity Pan El of the new millenium. If anyone of we have no idea what is Pan El, which should discuss it we which we have been still wet upon the corporate game. Air Middle East can possibly move down the regional stock market.
If not Air Asia, the open wants the resolution fast. Many have been fed-up with the steady detriment of MAS. How most some-more recapitalisation as good as open income to siphon in? Hantu Lautherehave even talked of shutting up.
How about East Malaysia? Who is to service them?
Air Asia? Not upon your life! By the time they contend so, they have been substantially 6 feet under as good as saying it for the consequence of the lifeline. Bankrupted!
MAS needs RM6 billion for 2012 as good as RM4 billion for 2013-2015. We can't simply closed it. MAS has commitment i! dentical to the A380s. It's got to carry on.
If the association had been profitable, MAS would have still need recapitalisation to hope for itself forward as good as hope for for bigger sales.
The resolution is to save it as good as stop the leakages to Air Asia. Get loyal airliners who understand airline business. There have been most honest as good as dedicated professionals if the Government care to attend to the right people.
Heavens! Not the shrill rude obnoxious opportunist ... conman identical to Tony F who is getting upon the open nerve. You expect open will await MAS with Tony F around? Read Jailanihere.
Government has to flog out the amateurish Azman Mohtar. He has not even been tested to conduct the association as good as nonetheless he is authorised to conduct Khazanah.
Start him from the basic identical to the bugger stand. If can have money, we'll give him the second chance. Send Danny to some Chinese shopkeeper to sense the genuine accounting.
Get someone tested, experianced as good as immature identical to Dato Abdul Wahid Omar. Enough of these PTD identical to exclusive chosen mentality of MCOBA boys messing up the single GLCS after another GLCs
The staff has to shift their attitude. With the association in such the mess, because should MAS wants to have new unvaried as good as lau! nch it H amburg, as good as kept relocating as good as renovate offices.
Best of all, outlay eighteen million sterling bruise to advertise for the home diversion whilst Air Middle East take teh away diversion for the relegation bound group whilst Genting pays for reduction upon Aston Villa as good as contend it is justifiable.
That'sDunguDanny everybody drifting MAS to the ground... !
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