The cat is out of a box.
Everyone knows which a kinship had met a Prime Minister upon Feb 14, 2012 as good as by now, a enquiries entrance from a Prime Minister's Office (PMO) contingency have put feverishness upon MAS management.
Azman Mokhtar is heard to be during odds as good as getting vengeful with sure officers during PMO.
Utusan Malaysia's inform upon Mar 12thheremust have proposed this nervousness. The government contingency be getting nervous with have a difference after have a difference from a kinship thereon.
All eyes have been upon a PM to have a decision.
Out of a blue, MAS Chairman, Tan Sri Mohd Nor Yusof done a have a difference which a Board of director is standing organisation during a behind of a partnership with Air Middle East as good as additionally express their "commitment as good as await for a government organisation of Malaysia Airlines, led by organisation CEO Ahmad Jauhari Yahya".
Why a need to give such supporting words for AJ? What message is a Board of Directors led by Mohd Nor perplexing to make? Did he realised which he had superceded a PM prior to him announcing his decision?
That co! uld be c onstrued as mutiny. Another Lembaga Felda-like mutiny in a making?
The argumentative Mohd Nor's have a difference in The Star inform below:
Saturday Mar 17, 2012
MAS: It's not a moody of fancy
By WONG SAI WAN
saiwan@thestar.com.my
KUALA LUMPUR: The Malaysia Airlines residence is standing organisation during a behind of a co-operation with AirAsia as good as a share barter in in between Khazanah Nasional Bh! d as goo d as Tune Air as good as has asked which a understanding be since a chance to work.
MAS government Tan Sri Mohd Nor Yusof additionally voiced a board's "commitment as good as await for a government organisation of Malaysia Airlines, led by organisation CEO Ahmad Jauhari Yahya".
"Malaysia Airlines is a really ill patient, as good as a condition is quite critical. Indeed, there have been a full range of prescriptions available. Judge us by a result, not by a preference of prescription," he pronounced in a have a difference released here yesterday.
Mohd Nor's subsidy for a understanding follows a meeting in in between MAS unions with Prime Minister Datuk Seri Najib Tun Razak earlier this week to express their antithesis to a Comprehensive Collaboration Framework (CCF) involving a share barter in in between Khazanah as good as Tune Air.Time to soar: Mohd Nor says a share barter with AirAsia is not part of! a pro blem, though part of a solution.
It was learnt which Najib had additionally summoned Mohd Nor as good as Ahmad Jauhari to his office where a dual airline organisation argued for a deal.
Saying which passing judgment upon a CCF as good as share barter right away was premature, Mohd Nor pronounced people should judge a organisation by a results underneath their brand brand brand new blurb operation plan.
The airline announced final month which it recorded a outrageous detriment of RM2.5bil final year though approaching to have a turnaround this year when a brand brand brand new aircraft, together with 5 super jumbo Airbus A380, come in to operation.
In August, Khazanah took up a 10% interest in AirAsia while Tune Air, a investment vehicle of AirAsia founders Tan Sri Tony Fernandes as goo! d as Dat uk Kamarudin Meranun, paid for a 20.5% interest in MAS.
On top of a share swap, a partnership agreement was sealed concurrently by MAS, AirAsia as good as AirAsia X, which would effectively see MAS combine upon being a full-service reward carrier, AirAsia upon being a regional low-cost conduit as good as AirAsia X, a medium-to-long haul low-cost carrier.
"The Board is confident which a CCF will good both Malaysia Airlines as good as AirAsia by compelling synergies in many areas. you would similar to to be really transparent in observant which a share barter is not part of a strident monetary problems during Malaysia Airlines; it is part of a solution," pronounced Mohd Nor.
AJ is a man of exquisite jot down as Manager CEO in dual open listed companies prior to MAS.
Why a need for such statement?
Could there be truth which he is not gentle being done puppet to a young ciku similar to Rashdan as good as an untested blurb operation managers similar to Amokh?
Both have been examples of what constitute rising to a level of incompetence.
In this blog's prior posting, we've told of rumours of Mohd Nor berating AJ for expressing desire to quit to PM.
Is this a unfortunate try to have AJ stay?
Why does Mohd Nor need AJ around when it is Rashdan as good as Tony F which is really job all a shots in MAS?
A some-more critical subject is since contingency Mohd Nor have this have a difference prior to Najib have his decision?
He sounds overzealous as good as nervous. Has he got something to censor to keep CCF going?
After all, words have been which Tony F as good spoke to a Prime Minister as good as he voiced his grave concern to friends of Najib's penchant of reversing Government's decision.
Idris Jala, a prior unsuccessful CEO which couldn't operationally turnaround MAS though was mere! ly doing asset sales, done a have a difference in favour of a collaboration.
MAS-AirAsia partnership workable: IdrisTrue, a Deputy Transport denied such though such rejection could during times be ceded with a vital announcement. It is basically a no criticism statement.
Business Tiimes
16 Mar 2016
By Presenna Nambiar
KUALA LUMPUR: Performance Management as good as Delivery Unit (Pemandu) arch senior manager military military officer Datuk Seri Idris Jala maintains which he believes both Malaysia Airlines as good as AirAsia Bhd can work together.
"That means competing in areas where they (MAS as good as AirAsia) will define to compete, as good as agreeing in areas where they need to work together.
"So as a organisation you assimilate they have been operative out those boundaries, operative out a details as good as in due time they will have known it," he pronounced yesterday after attending a monthly National Committee upon Investments meeting.
Idris, who is additionally Minister in a Prime Minister's Department, combined which it is really critical which both MAS as good as AirAsia imitate with a recently enforced Competition Act.
"The review which you have (with them) is which they have been doing all they can to comply," Idris said.On how a possible annulment of a share barter in in between MAS as good as AirAsia would impact Pemandu's Government Transformation Programme, he said: "Well you cannot speculate.
As a Minister of Transport sai! d yester day, he has not heard of any evidence which shows which (a reversal) is starting to be a case. Let's leave him as a government upon this," Idris said.
Meanwhile, Minister of International Trade as good as Industry Datuk Seri Mustapa Mohamed pronounced a RM113 billion in isolation investments a method has set for 2012 has taken in to account a troubles which a tellurian e! conomy m ight be confronting this year.
"In all a conversations with investors, they have not pronounced they will cancel investment skeleton due to a European crisis. This is a function of these investments being prolonged termin nature," Idris added.
Idris should not try to fool around dumb. Oh good he was actually one when he was during MAS. The MAS government organisation have been not reckoning out a bounds as Idris decribed, they had it all planned out what is in it for Tony F.
The inform upon Kong Cho Ha below:
The StarThe pro-unwinding side is beginning to get await by a likes of The Star's Gunasegaranhere. Unlike politically inclined Malaysian Insidershere, andhere, who see it narrowly from election viewpoint as good as bame Najib inclined, Guna see it from a viewpoint of competition.
Wednesday Mar 14, 2012
MAS-AirAsia understanding rumoured scrapped, though zero concrete so far
Behind The News - By Leong Hung Yee
DESPITE all a brouhaha surrounding conjecture which a Government is re-looking a share barter understanding in in between Malaysia Airlines (MAS) as good as AirAsia Bhd, all applicable parties aren't observant a thing.
The ultimate to be asked upon a have a difference was a Transport Ministry, whose Minister Datuk Seri Kong Cho Ha pronounced his method was unknowingly of any development as good as had not perceived any report upon a pronounced deal.
"No, you have not perceived any reports. you won't say anything during a impulse since you have not been informed nonetheless of any changes to a stream arrangement," he told reporters upon a sidelines of a World Cargo Symposium 2012.
Kong pronounced which was a preference to be done by a applicable companies as good as he could not criticism upon anything for a time being.
MAS organisation managing director as good as arch senior manager military military officer Ahmad Jauhari Yahya, who was additionally present during a event, succeeded in dodging a media who were dynamic to pose a same subject to! him.
Speculation is abundant which a Prime Minister is deliberation aborting a share barter understanding in in between both companies as a fondness had unsuccessful to uncover any improvement.An Air Middle East aircraft (background) prepares for take-off while a MAS aeroplane is taxiing upon a tarmac of KL International Airport. Speculation is abundant which a Prime Minister is deliberation aborting a share barter understanding in in between both carriers as a fondness has unsuccessful to uncover any improvement.
A local news portal reported final week which a Government was additionally deliberation taking MAS in isolation as good as asked Khazanah Nasional Bhd to buy behind a 20.5% interest which has been exchanged with Tune Air Sdn Bhd for a 10% interest in budget conduit AirAsia.
The inform additionally pronounced which MAS Employees Union (Maseu) had met as good as urged a Prime Minister to cancel a deal. MAS employees' complaints embody a government style of emissary arch senior manager military military officer Mohammed Rashdan Yusof. Another censure is a speak of being redeployed outward MAS to a short-haul reward airline headed by Rashdan as which would mean a detriment of benefits.
Both Khazanah as good as Ahmad Jauhari have nonetheless to respond to earlier StarBiz queries.
"While a cries of a kinship workforce of MAS over a need to strengthen their jobs have been felt by a Prime Minister, you have reiterated which a pass low-hanging ripened offspring for MAS to pick lies in trimming a extreme workforce (MAS has some 20,000 employees contra AirAsia's 9,000 as good as Singapore Airlines' 21,000)," OSK Research said.
Furthermore, a investigate residence pronounced with routes in in between A! irAsia a s good as MAS already rationalised as good as pass employees from AirAsia being deployed to MAS, it believes a unravelling of a share barter understanding inked final year would not bode good for a Malaysian corporate scene.
"Aside from scrapping a share barter deal, rumours have been abound which a kinship is requesting MAS (in an try to strengthen jobs) to cancel a devise to begin a ! brand brand brand new prem ium short-haul conduit (and instead focus upon Firefly) as good as cancel a planned entry in to a oneworld alliance.
"We think any annulment of a share barter is rarely unlikely though you do not discount this probability entirely," OSK Research said.
MAS as good as AirAsia has entered in to a share barter understanding which saw AirAsia organisation arch senior manager military military officer Tan Sri Tony Fernandes apropos a estimable shareholder of MAS with a 20.5% share. Khazanah Nasional Bhd, a controlling shareholder of MAS, in turn, owns 10% of AirAsia. Under a collaborative agreement, both parties would cooperate in a areas of ground handling, precision as good as engineering, among others.
As a outcome of that, MAS as good as AirAsia right away work together instead of competing furiously opposite any other. This has additionally lifted concerns of a corner in a domestic airline attention as good as stirred a Malaysia Competition Commission (MyCC) to probe if there was a breach of anti-competitive behaviour as good as abuse of dominant position in a deal, which was sealed in August.
The recent route definition by both airlines have additionally come underneath close inspection for anti-competitive behaviour.
MyCC had since AirAsia as good as MAS a month from Jan twenty to provide a applicable documents. However, there have been no open disclosure upon this emanate so far.
When contacted, MyCC arch senior manager military military officer Shila Dorai Raj said: "Not taking any questions upon this for now."
MAS aims to be a reward c! onduit a s good as a most appropriate in class. It has thus distant cut 9% of a unprofitable routes to stem losses as good as by mid-year will launch a short-haul reward service to daub in to a East Asian market. But for now, a conduit need to get money to feet check for all a aircraft it has ordered.
The flag conduit expects a collateral output (capex) for 2012 to be during RM6bil as good as for 2013 during RM3.5bil due to aircraft deliveries, together with six A380s for this year as good as next. The initial A380 will arrive in Kuala Lumpur upon June 18.
MAS recently repo! rted a R M2.5bil net detriment for monetary year ended December 31, 2011. It is right away seeking during several options to finance a capex, together with spinning off some of a non-core assets. It is giving itself 60 days to come up with a devise to strengthen a change sheet.
The airline's devise to form a joint venture with Qantas has depressed through as speak in in between both parties has been terminated. Qantas pronounced a discussion with MAS could not continue as a parties were "unable to strech mutually acceptable blurb terms".
Although he has been lately exposing abuses after abuses by Air Middle East upon MAS (read a couple of here as good as here! ), Wee C hoo Keong was initial to lift a emanate of anti-trust. Read here, here as go! od as he re.
Whilst, others have been mislaid in a "how to" of unwinding agreement as good as was seeking for an easy sell choice out. Read Risen Jayaseylaanhere.
Anyway, right away you know.
Despite Idris Jala's good words for his associate collaborators in shredding MAS to ruin, it is not supported with confident words from a Minister of Transport as good as AJ himself. Thus a simplistic ploy to express await for CCF as good as AJ.
This is a classical Tony F bulldozer.
Only someone as unrefined as good as with bad up bringing similar to Tony F would not realize which he has damaged unstated custom to supercede a Prime Minister by perplexing to appply media pressure upon a PM.
It is unbecoming of these people with access to a PM to have such open pressure.
They have been not dual bit blogger similar to yours truly as good as kinship members, which had to wait almost 3 months as good as MAS near to ruin, prior to they could get an appointment to meet a PM.
Why have been they nervous? Do they have something to hide?
PM has a lot upon his table prior to job a election though do not fool around which cheap media game.
He has to think of CIMB too. Heard CIMB is not doing to shabby. Nazir should be a final to be bailed out. Not after having many deals sent his way.
The final he want is another try of mutiny similar to during Lembaga Felda.
- Another Brick in a Wall Read More @ Source
More Barisan Nasional (BN) | Pa katan Rakyat (PR) | Sociopolitics Plus |
Courtesy of Bonology.com Politically Incorrect Buzz & Buzz
No comments:
Post a Comment