The little napoleons in Khazanah love COLLABORATION/CCF so are the babies!
In PART 1 we stopped at the sorry state of Rural Air Service (RAS) and Fly Asian Express Sdn Bhd (now AirAsia X) where six aircraft were grounded due to un-airworthiness and another one was cannibalised for spare parts, and how MAS was left to pickup the pieces thereafter. Continue reading
The extremely learned & independent Chairman of PAC and former Chairman of UDA , YB Datuk Nur Jazlan.
In Part 1 of this posting, yours truly has dealt with paragraphs 1 to 4 of the press statement dated 28-4-21024 (just 4 days before the opening of KLIA2) of the learned and very independent Chairman of PAC, YB Datuk Nur Jazlan. Continue reading
“Now Everyone In the Happy Family Could Not Smile” after the MAS-AirAsia share swap was un-wound on 1-5-2012.
For Part 1, 2 and 3 of this topic please read HERE, HERE and HERE.
1-5-2012 The notorious MAS – AirAsia share swap was unwound by PM YAB Datuk Seri Najib, HERE. Continue reading
AirAsia A320 and AirAsia X undergoing maintenance works in MAS Hangar No: 5 in KLIA
AirAsia A320 and AirAsia X A330 aircrafts are a regular sight in MAS Hangar 5 in KLIA. It seems that Hangar 5 has been reserved exclusively for AirAsia and AirAsia X at the expense of MAS. Continue reading
The iconic photo of the “Happy Family” of the MAS-AirAsia share swap. They were so happy after the signing of the MAS-AirAsia share swap.
Updates @ 9:30 pm on 19-9-2013: On 15-9-2011 The MD of Khazanah Tan Sri Azman Mokhtar has been quoted to have said that “The recently inked home jersey sponsorship with Barclay Premier club Queen Park Rangers is a good deal for the national carrier”. He also told newsman that “We think that we got a good deal to stand on its own commercially. I think all the numbers are there, we just need to add value”. Read HERE.
Yours truly believe that at that material time many Malaysians also share the same thoughts as Tan Sri Azman Mokhtar, who is a known to be a corporate GURU in Malaysia. Many have claimed that Tan Sri Azman Mokhtar through his BinaFikir‘s “WAU” had also saved MAS from the brink. Please read below the events after 18-8-2011 where MAS was supposed to pay £3.2 million more than AirAsia for the said sponsorship and got less for it. Was it a good deal after all?
In Part 1 of this article, it was clear that Khazanah, CIMB, MAS and AirAsia are fuilly aware of the provisions of the Competition Act 2010. MAS and AirAsia have sought the advice of the consultant, Bain & Co, on anti-trust laws/Competition Act 2011. Continue reading