The architects of a MAS-AirAsia share barter as good as CCF
The share barter understanding in in between Malaysia Airlines (MAS) as good as AirAsia has been a rewarding knowledge to date with good swell completed in apply oneself of collaboration, says AirAsia Bhd Group Chief Executive Officer, Tan Sri Tony Fernandes."We have managed to set aside our differences as good as work together towards achieving a common idea of success as good as we am happy with a transaction," he added. However, he declined to blow up further upon a matter, notwithstanding being pulpy to do so here today. Read inHERE.
It would be a some-more complete matter had Tan Sri Tony Fernandes (TF) told a mass media which the"Beside CCF, a 18 Million Pound sponsorship by MAS to QPR, appointments of PlaneConsult as a consultant of MAS, En Rozman Omar as CFO of MAS as good as En Azhari Dahlan as CEO of MAS Engineering, his unlimited accessed to a traffic secrets of MAS as a Member of a EXCO/ Board of Director as good as accessible as good as easy top government of MAShave been been a really rewarding knowledge to date with glorious swell completed in apply oneself of collaboration."
Yours indeed would have suspicion which a upon top of will be a practice which TF would not brave to even dream of prior to a tip MAS-AirAsia share barter as good as CCF were inked by Tan Sri Azman Mokhtar (Amok), who is a great believer which in Malaysia"Open Tender is no Push Fully". Of course, Amok has pronounced whi! ch most transactions were done by"Direct Negotiation". Yours indeed salute Amok for his probity in this respect. Therefore, we all can pretence which all contracts related to GLCs underneath a carry out of Khaznah were all by "Direct Negotiation". Amok additionally told MPs which he took full shortcoming for a pronounced tip share barter as good as CCF, as good as it was a Judgment Call. Read inHERE.
Any executive of bum company would have spun a same way as TF. The spinning has not ceased. For back ground report greatfully review inHERE,HERE&HERE.
Why TF pronounced a tip share barter was a"REWARDING EXPERIENCE TO DATE WITH GOOD PROGRESS IN RESPECT OF THE COLLABORATION AND THAT HE WAS HAPPY WITH THE TRANSACTION"?
In monetary terms,the 18 million Pounds sponsorship of QPR Home Jersey, stop of Firefly's jet services as good as a recent uplifting of AirAsia X Sdn Bhd (AAX)'s passengersfor a cancelled routes to London, Paris as good as India would be some-more than rewarding!
Uplifting of AAX's passengers
Under MAS policy, MAS will usually uplift another airlines passengers formed upon a published prices andseats accessibility basis. It would additionally a standing condition which non-IATA airlines concerned would have to provide bank pledge or some form of promissory note comforts! to cove r a total cost of a passengers to be lifted. If there is a Hard Block Booking MAS will demand upon full payment upfront in any box of whether passengers trafficked or not. Soft Block Booking afterwards it will be upon seat accessibility basis. This has been a prolonged traffic practice for MAS. A prudent one too.
In a box of AAX, a top government of MAS as good as a Acting Commercial Director,Mr Shane Nollan of PlaneConsult, proceeded to upliftAAX's passengers but any promissory note comforts as security. AAX was additionally authorised to do Block Booking of seats for all a dates of a passengers withZEROfares as shown in a online tickets. It was exposed inHERE,HERE&HERE< /span>.
As an exercise for damage control, at12:06 amMAS HQ desperately sent out e-mail to MAS staff at12:06 am upon 28-3-2012which state amongst alternative things as follows:
"Malaysia Airlines has entered in to a Re-Accommodation Agreement ("RA") with AirAsia X effective 27 March 2012 to re-accommodate a latter airline's passengers upon 4 routes cancelled usingexcess capacityon Malaysia Airlines flights. The 4 routes engage Mumbai, Delhi, London as good as Paris. These arrangements were provided with regard toexcess seats accessible as good as agreed costs involved."Please review inHERE.
The pronounced e-mail was an afterthought as good as exercise for damage carry out as good as to dope MAS staffs, Malaysians as good as theGovernment. The uplifting of a AAX passengers were dutifully carried out by MAS good prior to the28-3-2012withZERO FARESas can be seen from a justification of a online tickets as published in a Blog of yours truly. The said12:06 ame-mail of28-3-2012was most misleadi! ng as it was not a constant reflection of a tangible situation. In tangible fact, a so-called"Re-accommodation Agreement"was usually executed on28-3-2012.It would be most implausible which a pronounced Agreement was executed in in between a wee hour from12 midnightto12:06 amon28-3-2012! A transparent justification of their incompetence! Most substantially a top government andMr Shane Nollan of PlaneConsultdidn't have enough time to find a "professional assistance" of PlaneConsult as good as a alternative consultants to consider for them prior to they embarked upon promulgation out a e-mail..
This is a agreed Economy Class settlement rate by MAS as good as AirAsia for a pronounced AAX's35,000 passengers.
SPECIAL RATE NORMAL LOWEST RATE KUL-LHRRM1,111RM1,493KUL-BOMRM372 RM651 BOM-KULRM372
The upon top of Special Rates represent some-more than40%discount given to AAX! The saidBIG DISCOUNTSand with the"Hard Block Booking"will not be anincremental revenuefor MAS as stated in a pronounced 12:06 am e-mail but aLOSS OF REVENUEfor MAS. These Special Rates have been depriving MAS of real income from MAS own constant passengers since a seats have been taken up by AAX passengers. By right a top government of MAS as good as a Acting Commercial Director,Mr Shane Nollan, who is additionally ofPlaneConsult, contingency specify how most seats have been authorised for AAX passenger per flight for any given sector. There was no such restrictions during all. This was a serous transparent derelictions of duties by theTRIO as good as Mr Shane Nollan.
Was this the"COLLABORATION"that TF was vehemence about in his matter to NST? If it is afterwards TF should ask a TRIO to discard"Malaysian Hospitality"and replaces it with"NOW EVERYONE CAN FLY MAS WITH LOW COST FARE"as MAS new slogan!
The TRIO contingency come purify as good as have known to a Malaysians as good as a Government what have been a Special Rates granted to AAX for alternative sectors like Australia, Asean, London as good as beyond as good as others.SILENCE IS NO LONGER AN OPTION TO THE INCOMPETENCE TRIO.
Yours indeed calls upon a Ministry of Finance to hospital an evident investigation in to these Special Rates of transport for AAX as good as what were a tangible fares billed to AAX, if any, for these 35,000 AAX passengers.
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