AirAsia shouldnt delay to terminate all its agreements with MAS


It is only satisfactory which AAX should additionally lapse a Sydney track to MAS. Pic: 4th from left,YB Tan Sri Rafidah Aziz, a chairman of AAX Sdn Bhd
"Low-cost carrierAirAsia Bhd wants to opt out of all joint-venture agreements with national conduit Malaysia Airlines (MAS), a source says. AirAsia decided during a house meeting last week which it would seek to cancel a agreements with MAS soon, according to a source, inHERE.
The above matter was a fun of a century! AirAsia (AA) is in no in front of to be so arrogant. It got to where it is today because it was spoon fed by a Badawi's administration. Within a short camber of time, LCCT was built roughly to one side for AirAsia.
From 2002 to 31-3-2008 AA owed MAHB for services as well as airfield taxation totalingRM110 millioninHERE.
In 2004 LCCT was built by a Badawi's Government during a price of aboutRM87 millionand in 2008 LCCT was renovated during a price of about RM124 million. The sum price of LCCT was some-more than RM200 million. The initial contract to build LCCT as well as a subsequent renovation! were al l since toSyarikat Pembinaan Fajar Baru (Rembau) Sdn Bhd(now well known asFajar Baru Builders Sdn Bhd), which has no experience in office building airfield in 2004, inHERE.
In Mar 2006 underneath the"Domestic Rationalisation"exercise MAS had to give up some-more than90 routesand a Rural Air Services (RAS) for Sabah as well as Sarawak to AirAsia, which it subsequently sub-contracted toFly Asian Express Sdn Bhdaka FAKS, inHERE.
The Badawi Administration subsequently granted AirAsia a funding ofRM250 million, which was some-more than stand in of a funding since to MAS, inHERE.
After about a year, FAKS had to give up RAS because of too many complaints of a poor services by a people of Sabah, Sarawak as well as a particular Tourism Boards as well as State Governments, inHERE.
After giving up RAS, FAKS altered a name to AA X Sdn Bhd. Despite a many complaints against FAKS/AAX Sdn Bhd, AAX Sdn Bhd was authorised by a Badawi Administration to keep a Air Operation Certificate (AOC).
After a infamous MAS-AirAsia share swap, which was reported to be a brain child of a little Napoleons in Khazanah as well as brokered by En Mohammed Rashdan Yusuf aka Danny, inHERE, MAS had to make many sacrifices underneath a name of"Cost Cutting".
  • It started with a sponsorship ofQPRcosting MAS over RM10 million.
  • The termination of essential Firefly jet services from JB to KK as well as Kuching.
  • The Firefly JET Services expansion, which will be in approach competition with AirAsia, was prematurely stopped.
  • Termination of MAS essential routes toBandung, Surabaya, Dubai, Johannesburgan etc. AirAsia rught away scheduled an additional moody to Bandung as well as a transport was enlarge to roughly stand in due to a monopoly.
  • PlaneConsult, a AirAsia's consultant, was allocated by MAS, inHERE.
  • Shane Nollanof PlaneConsult was allocated to a post of Acting Commercial Director of MAS.
  • En Rozman Omarof AirAsia, was allocated CFO of MAS andEn Azhari Dahlanalso from AirAsia was allocated as Head of Engineering, inHERE.
  • In February/March 2012 MAS had to start uplifting 35,000 AAX passengers primarily with no Re-accommodation Agreement. The Re-accommodation Agreement was only sealed during a finish of Mar 2012 where extremely low fares were charged by MAS, inHERE.
  • MAS gave up a additional Sydney track to AAX, which was granted to one side for MAS for 1 year.
Luckily a said share barter was topsy-turvy underneath a directives of YAB PM Dato' Sri Najib upon 2-5-2012.
Despite a shar! e barter been reversed, upon 7-5-2012Tan Sri Tony Fernandes (Tony) as well as Datuk Kamarudin Meranun (Kamarudin)both from Tune Air Sdn Bhd as well as AirAsia saw it fit to practice their privilege for free First Class travel to London MAS. Their directorships in MAS were by virtue of them being allocated as directors of MAS as a outcome of a share swap. Please readHERE.
Both Tony as well as Kamarudin were directors of MAS from 9-8-2011 until 2-5-2012, a sum of10 months. It would crop up which both of them must have been since trusted papers for discussion during MAS Board meeting as well as performed trusted papers or report pertaining to a operations of MAS as well as Firefly during a said period.
In perspective of a latest development where AA wants to opt out of all agreements with MAS, which will be many welcomed by MAS staffs as well as alternative stakeholders, TF as well as Kamarudin have been duty bound to rught away surrender all privileges since to them as well as surrender all trusted papers or report pertaining to a operations of MAS as well as Firefly which may be in their possession. They should additionally means AA or AAX Sdn Bhd to lapse all routes which MAS gave to them, cancel a Re-accommodation Agreement with MAS, repay MAS of a RM10 million which MAS paid for a QPR sponsorship as well as etc. This is expected from responsible corporate leaders.
On a alternative hand, AJ as well as a Board of Directors of MAS should embark an in-depth review of all a decisions which have been made after a share barter especially a termination of Firefly jet services, MAS essential routes to Bandung, Surabaya, Dubai, rescheduling of a flights to a cities in China as well as a Re-accommodation Agreement to boost 35,000 AAX passengers. If a said decisions were found to be made not in a best! seducti veness of MAS, then AJ must take evident steps to return or cancel them forthwith.
Please read alsoTypical Low Caste Carrier.
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