“When KLIA2 was first proposed, Malaysia Airports (MAHB) said it would cost RM2 billion, a figure that was later revised to RM2.6 billion. Then came news that the terminal would cost RM4 billion, double the original estimate. Now there’s talk that the bill could go as high as RM5 billion. That makes no sense — the low-cost terminal will now cost much more than KLIA. Yes, I asked for a new terminal but one that has simple facilities. Did it have to cost 20 times our present LCCT?”
The above was taken from the posting of Tan Sri Tony Fernandes (Tony) of AirAsia entitled “What’s with the new terminal?” For the full posting please read HERE.
Did Tony tell us the whole truth or try to spin again? Of course, spinning is talking to Tony and his latest posting is no exception. Yours truly will deal with it below. Just like what Tony did during the Lotus dispute in the High Court proceedings in London. If Tony was `daring to spin about a court proceeding, where the High Court in London adjourned it and he saw it fit to tweet to give the impression that he has won the Lotus dispute case, his latest posting on the KLIA2 should not be a surprise to us all .
The said tweet of Tony was as follows:
Very very happy over the judgment today. And extremely happy that full trial brought forward to 21 March. The good do always eventually win.
Please read the full posting in HERE.
In the latest posting of Tony about the escalated cost of KLIA2, of course, we were not told why the cost of the KLIA2 has escalated from its original cost of RM2 billion to more than RM4 billion and the delay in its completion. on 4-12-2011 MAHB has clarified that the cost of KLIA2 has escalated because AA wanted a 45-million passenger per annum (ppa) capacity terminal, a fully automated baggage handling system, a four kilometre runway and provisions for the operation of the largest passenger plane, the A380. MAHB had also said that there are minutes of meetings and correspondence to backup what AA has demanded. Please the full NST report in HERE.
To know Tony better, please the following postings:
The latest posting entitled “What’s with the new terminal?” by Tony was his latest spin that was co-incidentally picked up by YB Tony Pua and his respond is posted below. It was reported that YB Tony Pua was the youngest CEO and that in 2007 he had made a big sacrifice to give up the CEO post and divest his share in a flourishing Singapore public listed company known as Cyber Village Holdings Ltd to be the Economic Adviser to the Secretary General of the DAP, YB Lim Guan Eng. For the background of Cyber Village Holdings Ltd, please read HERE and HERE.
It was strange that soon after YB Tony Pua resigned as CEO, Cyber Village Holdings Ltd was changed to Koyo International Ltd.
YB Tony Pua read with shocked what Tan Sri Tony Fernandes has spun and lambasted the PM over KLIA2, in HERE.
Co-incidentally AirAsia is one of the featured clients of Cyber Village Sdn Bhd which is part of Cyber Village Group of Companies, in HERE.