AirAsia Bhd’s (AAB) audit committee has issued a statement following the GMT Research report, pointing out that it cannot have legal control or legal power over its associate companies in Indonesia, Philippine, Thailand and India, HERE. Continue reading
Hong Kong-based GMT Research has issued a report questioning airline AirAsia Bhd‘s accounting practices, accusing it of using transactions with associate companies to boost its earnings, according to a copy obtained by Reuters. Continue reading
Left: Mr Christoph Mueller, CEO of MAS Right: Tan Sri Tony Fernandes, CEO of AirAsia Group. Both are great CEOs of all times. Great men think alike and also sing the same tune at the right time!
The little napoleons in Khazanah would like us to believe that MAS employees have been gifted with Mr Christoph Mueller as their CEO. Continue reading
In September 2013, AirAsia A320 undergoing maintenance works in MAS Hangar No: 5 in KLIA. In May 2012 Tony Fernandes said AirAsia will not send its aircraft to MAS for maintenance.
AirAsia Bhd, which is in talks with Malaysia Airlines Bhd (MAHB) on possible collaborations in maintenance, repair and overhaul (MRO) is open to collaborate with the national carrier in other areas, said its group CEO Tan Sri Tony Fernandes. For full report please read HERE. Continue reading
Hopefully when AirAsia goes to Honolulu & Pattaya in a few months time, it will not be forced to use aerobridge as it is not part of its business model. AirAsia will only use mobile stairs as shown in the picture. Honolulu & Pattaya airports please get ready to accommodate.
Updates @ 4:45 pm on 20-5-2015: Another AirAsia’s route expansion to Kaoshiung, Taiwan, commencing on 16-7-2015. It looks like AirAsia is on an expansion spree. Congratulation! HERE.
Updates @ 2:35 pm on 20-5-2015: AirAsia had now denied a report that it is selling its Big Loyalty Programe, HERE. Congratulations!
Of late, we hear so much of AirAsia’s great expansion plans. As Malaysians, we can’t help but to feel very proud about it because no other airlines in the world could match its fantastic business model and achievements without any help from the government – so we were told. Continue reading
The state of the art Terminal 1 of Kota Kinabalu International Airport. Just compare it with the picture of Terminal 2 below.
The Terminal 1 of Kota Kinabalu International Airport cost the nation RM1.5 billion. It was opened for operations on 19-8-2008 while enhancement and expansion of Terminal 1 was completed in 2011. Despite these developments, AirAsia had been dictating terms to Malaysia Airports Holdings Bhd (MAHB) and/or Government and has refused to move to Terminal 1 as directed. Continue reading
YB Datuk Seri Liow Tiong Lai, the MCA Minister of Transport. He is encouraging AirAsia to owe PSC/Airport Tax debt of more than RM50 million by not taking the necessary actions.
Reliable sources have confirmed that AirAsia owed Passengers Service Charge (PSC) (formerly known as ‘Airport Tax’) of more than RM50 million to Malaysia Airport Holding Bhd (MAHB).