Inevitably, today Malaysia Airlines as well as Air Middle East unwind their share barter understanding done last August. The swap's cancelled. Deal rescinded.
"A rose, by any name, smells just as sweet," a lawmaker who has been opposite a share barter from Day One told me.
Indeed, a infancy of MAS employees are pronounced to be partying or holding kenduri doa selamat. They see a announcement as a big Workers' Day present to them from a government.
Tony Fernandez will be out of MAS Board. So will Kamaruddin Meranun, his partner in Air Asia. Danny, who was done MAS COO after a swap, might many substantially go as well.
But a extensive collaborative framework (CCF) which holds a two airlines stays intact.
Will it work?
Ahmad Jo, a man brought in to spin MAS around following a swap, has a great opportunity to show what he has in conditions of mutation skeleton for a inhabitant carrier.
But similar to YB Wee Choo Keong pronounced in his twitter yesterday, "AJ contingency be his own man".
What a YB means, I think, is which AJ contingency lead as well as cannot be taking a cue from others, especially not Tony, Kamaruddin, Danny, or Khazanah's Azman Mokhtar.
He contingency put a interest of MAS as well as a dwindle before all else. Above Air Asia's. Above Air Middle East X's.
Easier pronounced than done.
Big Dog, a single of a greatest critics of a share swap, gives an early thumbs' up to a brand new understanding in Synergizing Comprehensive ! Collabor ation Framework.Syed Akbar Ali won't rest until a Government sacks "the Khazanah idiot" in Robbery at MAS.
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