To help Mr Mueller’s Grand Scheme to “Collaborate with AirAsia” – Part 1

Left: Mr Christoph Mueller, CEO of MAS Right: Tan Sri Tony Fernandes, CEO of AirAsia Group.  Both are great CEO of all times. Great men think alike!

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

DCA Should Investigate “System Malfunctioning” of AirAsia X

The wreckage of the Airasia X unauthorized flight 8501.

The wreckage of the AirAsia X unauthorized flight QZ 8501.

 

It has been reported that “A system malfunction forced the pilots of an AirAsia X flight from Kuala Lumpur to Jeddah to abort the flight and return to Malaysia 8-2-2015, the AirAsia Group’s CEO said. Continue reading

Union Calls Upon Australian Govt To Suspend All AirAsia Flights

The wreckage of the unauthorised AirAsia's flight QZ8501.

The wreckage of the unauthorised AirAsia’s flight QZ8501 from Surabaya to Singapore. 162 innocent lives have been killed as a result of AirAsia’s “Administrative Negligence”.  

 

On 3-2-2015 the Transport Workers’ Union is calling on the federal government to suspend all AirAsia Indonesia flights in Australia in the wake of the crash of flight QZ8501.

Continue reading

TS Azman Mokhtar, Rashdan, Tony Fernandes, Kamaruddin, Md Nor Md Yusof and AJ must be held responsible for the fine of RM20 million – Part 2

The "Happy Family". They were so happy after the signing of the MAS-AirAsia share swap.

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?  

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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

“Now Everyone Can Buy AirAsia X shares 10 times above its par value of RM0.15″

The happy "family". Left to right: Datuk Nasir Razak, the CEO of CIMB, Datuk Kamarudin Meranun of AA X, Tan Sri Rafidah chairman of AAX, En Azran Rani of AAX and Tan Sri Tony Fernandez of AAX

The “happy family” laughing all the way to the … . From left: Datuk Seri Nazir Razak, the CEO of CIMB Bank, Datuk Kamarudin Meranun of AA X, Tan Sri Rafidah chairman of AAX, En Azran Osman-Rani of AAX and Tan Sri Tony Fernandes of AAX

At long last AirAsia X Bhd will finally be listed in Bursa Kuala Lumpur very soon. On 10-6-2013 AirAsia X Bhd has made an official announcement of its Initial Public Offering (IPO) of up to 790,123,500 ordinary shares of RM0.15 in the main Board of Bursa Kuala Lumpur (BSKL).  The retail price of the IPO is RM1.45, which is almost 10 times above its par value. Based on its retail price it would appear that AirAsia X Bhd is a rock solid company with big “dreams” otherwise its IPO price would not have been fixed at RM1.45! Continue reading

DCA failed to withdraw the AOC of FAX / AirAsia X in 2007 (Part 1)

FAX also known as Fly Asian Express in 2006 to September 2007

FAX also known as Fly Asian Express Sdn Bhd in 2006 to September 2007 during its RAS days

AirAsia X Sdn Bhd, formerly known as FAX/Fly Asian Express Sdn Bhd during the Rural Air Services days in 2006 to August 2007

AirAsia X Sdn Bhd, formerly known as FAX/Fly Asian Express Sdn Bhd

The Air Operator Certificate (AOC) of AirAsia X Sdn Bhd (AAX), formerly known as Fly Asian Express Sdn Bhd (FAX), should have been withdrawn by DCA in year 2007 when it gave up the Rural Air Services (RAS) in Sabah and Sarawak. Continue reading