- MAS as well as AA willforge aheadwith their partnership agreement .. set up corner ventures (JVs) for corner procurement, commander precision as well as aircraft upkeep as well as repair
- comprehensive partnership framework (CCF) inked last August
- a fibre of abandoned proposals by MAS, together with a ending of talks with Australian carrier Qantas
("forge ahead"!!A fibre of abandoned proposals because a Khazanah Nasional idiots using MAS do not know using a commercial operation from a hole in a ground)
- AirAsia arch Tan Sri Tony Fernandes as well as his partner Datuk Kamarudin Meranun will probably give up their board seats upon MAS
(So what? The deal they have right away is even better. Now they can take MAS to a cleaners but having to be sitting upon a Board of MAS as well as but having to deal with a Unions. The Unions have been by passed).
- mutually profitable collaborative agreements
(Mutually profitable my @$ $ . Its "satu untuk kau, dua untuk aku, dua untuk aku, satu untk kau" all over again. Do review on.)
- to cooperate upon areas such as aircraft purchasing, engineering, belligerent await services, load services, catering as ! well as training.
(This is not "cooperation" ok. MAS will eventually rescue Air Middle East by buying Air Asia's 200 Airbuses which have no where to fly. MAS contingency provide engineering, belligerent await services, load services, catering as well as precision services for Air Middle East which does not even own a screw driver to maintain their aircraft. It is money out of MAS' slot in to Air Asia's slot - right away through a crafty as well as devious resource of "JV").
- proposed JV will demeanour in to collaborating upon commander precision as well as infrastructure, as well as a third upon component, maintainence await as well as repair services.
(Folks, this equates to Air Middle East will get to make make use of of MAS' commander precision simulators roughly for free. Why? Because right away there will be a JV company between MAS as well as Air Middle East for commander training, infrastructure - make make use of of of belligerent equipment, mobile airbridges etc. Hutang lambat bayar joke takpa mah..sekarang sudah ada JV.
They will additionally get to make make use of of MAS upkeep await as well as repair services additionally roughly for free. Why? Because there will be a JV company between MAS as well as Air Middle East for upkeep services. Bayar hutang lama sikit joke takpa mah..sekarang sudah ada JV.
And what is a care for MAS to enter a JV with AA for commander training, aircraft maintenance, spare parts, buying as well as so on? MAS has commander precision simulators, AA has none. MAS has maintenance, AA has none. MAS has infra, AA has none. MAS has screw drivers, AA has none. So what does AA give ! MAS in l apse for entering in to a JV. Can we all see who is being suckered here?
And hellooo MAS Unions - we guys have been going to get liwatted. Because when a brand brand new JV companies have been formed, a JVs will hire brand brand new workers or issue them brand brand new contracts which can (and most likely will) bypass a MAS Unions. There might not be any Unions allowed in a brand brand new JVs between MAS as well as AA. So a Unions cannot do anything about a JVs. In one stroke a MAS unions would have been bypassed. Hangpa semua boleh kena liwat.
Here is something else. Air Middle East has a repute when it comes to paying their bills upon time. They due MAB as well as MAS tens as well as may be hundreds of millions of Ringgits for belligerent services, upkeep as well as such. Air Middle East does not do upkeep in Singapore additionally because of payment issues.
If they JV with MAS, firstly they wont have to be concerned about credit periods. Takkan their own JV will sue them or repudiate them services if a bills have been not paid? Get a picture?
One month hutang can widen to 3 months, 3 month hutang can widen to some-more months as well as so on. How is MAS going to force their "JV" partner to compensate a bills?
And a JVs with MAS will additionally enable Air Middle East to buy spares for their airplanes using a great credit station of MAS. They will put a MAS trademark somewhere upon a letterheads as well as buy spare parts for their planes upon credit again. Then if a payments have been late, they can exploit MAS' credit standing. Folks, MAS equates to taxpayers money ok.)
AAX m! ight add itionally have a open listing (IPO) in sight. Talk is if Air Middle East manages to obstacle MAS in all these crafty JVs, then a intended IPO of Air Middle East X might suffer less turbulent flying. They need to show a Investment Bankers as well as a Regulators which they have a upkeep support, spares have been available, their bills have been paid, they have a infra equipment as well as such.
They additionally need to remonstrate a Investment Bankers as well as a Regulators which those 200 Airbus A320s which AA has ordered have an exit strategy. Parking them upon a apron with no where to fly is not an option. Someone has to take over those 200 A320s.
This is where a partial about "set up corner ventures (JVs) for corner procurement" comes in.
This is a greatest load of crap which we have review yet about this total MAS - AA fiasco. MAS has been around for 50 years. As though they do not know where as well as how to buy aircraft? It is AA which has placed an order for 200 Airbus A320s as well as dont know what to do when all those planes start arriving. So because not unload a planes onto MAS - as well as it will not be poor either.)
- MAS, undergoing a fourth turnaround try given a wide item unbundling brokered by Bina Fikir Sdn Bhd in 2002, posted a jot down RM2.52bil net detriment in a monetary year 2011
(FOURTH turnaround given 2002?? And by a same idiots who ran Binafikir in 2002, then later got promoted to Khazanah Nasional.
- The plan additionally aims to narrow MAS' waste to a bottom box RM165mil net detriment this! year.
Folks their "base case" is a detriment creation option. Here is my advise to a MAS employees as well as a MAS unions. Peaceful assembly as well as pacific protest is right away cool in Malaysia. Everyone is you do it. You contingency all get together as well as protest peacefully against this plunder of MAS ever given a Khazanah idiots got in to a picture. Walk out as well as travel to save MAS.
Make a little demands. Keep your demands elementary :
1. First of all ask a Gomen to flog out which simpleton from Khazanah Nasional. Secondly ask for MAS to flog out his associate who is right away ruining MAS.
2. Insist which all share swaps, collaboration, information exchnage as well as hit with Air Middle East be terminated. They go their way. Leave MAS alone. Ask them to compensate money for all your services. No cash, we go in a trash.
3. MAS has to stop giving retired Senior Civil Servant discounts. Why should retired KSUs compensate only 10% for a first category ticket to anywhere? Tell them to compensate full fare just similar to any one else. Or fly Economy lah. That costs a lot of money.
4. Ask for an insider - a MAS career man - to be allocated as CEO.
5. The complete MAS Board of Directors contingency be changed. Obviously they have been you do nothing other than scratching their nuts. (Ya lah - "MAS, undergoing a fourth turnaround try given ...2002"). Ask for a Blogger to be allocated to a MAS Board. we know one Blogger who can wring these pe! oples 9; necks.
However folks, we feel which MAS unequivocally does not have a possibility against all these vampires. The MAS Advisor is Slumberjack. Slumberjack's former 'Media Thief' is a vital stakeholder in Air Asia. The catering services were earlier sold to Slumberjack's family member.
So in a last research we consider MAS is screwed. Unless a MAS employees unequivocally do something about this.
Posted bySyed Akbar Ali
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Courtesy of Bonology.com Politically Incorrect Buzz & Buzz
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