Questions Time 13-6-2012: MAS uplifted the 35,000 AAX passengers at very low fares

Now Everyone Can Fly MAS

Pertanyaan Lisan 13-6-2012

Y.B. TUAN WEE CHOO KEONG [WANGSA MAJU] minta MENTERI KEWANGAN menyatakan jumlah kos MAS untuk uplift seramai 35,000 penumpang-penumpang AirAsia X Sdn. Bhd. (AAX) di bawah Perjanjian “Re-Accommodation” yang bertarikh 28-3-2012 dan sehingga Mei 2012, berapakah jumlah bayaran yang telah dibuat oleh AirAsia/AAX Sdn. Bhd.:-

 (a)           kenapa MAS mengenakan tambang teramat rendah dan di bawah harga pasaran termasuk semua cukai ke destinasi tertentu di bawah RA sedangkan MAS dalam keadaan “PARAH”; dan

 (b)           kenapakah MAS tidak batalkan RA semasa AAX gagal membayar RM31 juta “deposit” pada atau sebelum 31-3-2012 yang dimana AAX perlu melunaskannya mengikut undang-undang dibawah RA dan mengapa MAS masih meneruskan “uplifting” penumpang-penumpang tersebut.

JAWAPAN

Tuan Yang di-Pertua,

Untuk makluman Yang Berhormat, Perjanjian Re-Accomodation (RA) di antara MAS dan AirAsia X telah ditandatangani pada 27 Mac 2012. Melalui RA, MAS dapat meningkatkan pendapatan apabila lebihan kapasiti sedia ada dapat diisi oleh penumpang-penumpang AirAsia X tanpa melibatkan kos agihan, kos pemasaran dan komisen jualan tiket.

Berhubung kadar tambang, persetujuan ke atas kadar tambang bagi setiap sektor adalah berdasarkan all-in-rate termasuk surcharge dan cukai. MAS akan mengeluarkan tiket kepada penumpang AirAsia X pada kadar tambang yang dipersetujui dalam RA. Memandangkan persetujuan kadar tambang dibuat melalui RA, maka jumlah tambang berkenaan tidak dinyatakan dalam tiket yang dikeluarkan dan hanya diletakkan ‘No Fare’. Kadar tambang yang ditawarkan kepada Air Asia X ditentukan berdasarkan jangkaan hasil (expected yield), anggaran seat factor dan seat capacity bagi tempoh RA, kos agihan dan jualan serta jumlah penumpang yang ramai.

 Bagi memelihara kepentingan MAS, RA hanya melibatkan tiket penerbangan AirAsia X yang dikeluarkan pada atau sebelum 13 Januari 2012 dan penerbangan untuk tempoh 28 Mac 2012 hingga 27 Oktober 2012. Anggaran nilai RA adalah sebanyak RM51 juta di mana AirAsia X telah membuat bayaran pendahuluan sebanyak RM20 juta sebelum RA ditandatangani dan sehingga Mei 2012, jumlah bayaran yang telah dibuat oleh AirAsia X adalah sebanyak RM50.1 juta.

 Berdasarkan perjanjian, AirAsia X perlu membuat bayaran pendahuluan sebelum MAS mengeluarkan tiketnya kepada penumpang terlibat. Semua tiket penerbangan yang dikeluarkan oleh MAS kepada penumpang AirAsia X akan diselaraskan dengan pendahuluan yang telah dibayar oleh AirAsia X. Dengan mengambil kira bahawa AirAsia X perlu membuat bayaran pendahuluan untuk uplift penumpang-penumpangnya, maka Jaminan Bank tidak diperlukan dalam transaksi ini.

Memandangkan jumlah pendahuluan yang telah diterima daripada AirAsia X adalah mencukupi untuk menampung jumlah tiket yang dikeluarkan oleh MAS, maka MAS berpandangan bahawa RA berkenaan tidak perlu dibatalkan. Tambahan pula, MAS mengawal ketat pengeluaran tiketnya kepada penumpang AirAsia X untuk memastikan supaya jumlahnya tidak melebihi pendahuluan oleh AirAsia X.

Notes:

MAS was uplifting the 35,000 AAX passengers well before the Re-Accommodation agreement was signed on 28-3-2012. You will note that MAS sent out an e-mail at 12:26 am on 28-3-2012 to do damage control because MAS was performing the uplifting exercise well before the 28-3-2012 without signing any agreement.

The MAS Beyond fares for AA X Sdn Bhd
The MAS Point to Point fares for AAX Sdn Bhd

Just check around the market, one will never get an airfare of RM1,111 for Economy Class and RM4,911 Business Class inclusive of all taxes from KL to London. From now until October 2012 it will be extremely difficult to get seats for the sectors in the tables above especially the London route. Just go to the websites of the airline and you will be able to compare the airfares charged.  The above airfares that have been agreed by Mr Shane Nollan of PlaneConsult as the then Acting  Commercial Director of MAS, and endorsed by En Ahmad Jauhari Yahya (AJ), the Group CEO of MAS, were most ridiculously low beyond imagination. Please read in HERE.

At that material time, this was how MAS interests were protected by AJ, En Mohamad Rashdan Yusof, En Rozman Omar (CFO of MAS)  and Mr Shane Nollan of PlaneConsult. This had to be part of the spirit of the share suap and the infamous “Comprehensive Collaborative Framework”, the brainchild of Rashdan, the Amok’s most trusted crony, and the other little Napoleoans in Khazanah. The above airfares charged wot AAX must be part of the big Business Plan of AJ to gain revenue for MAS where he and Rashdan was burning midnight oil, in HERE.

MAS staffs should ask AJ to give what is the total revenue gained/lost by MAS for uplifting the 35,000 AAX passengers. If MAS is breaking even with those prices  that will in itself be a gain. No doubt, there will be opportunity lost for MAS as it will not be able to accommodate its own passengers who will be paying a much higher fares for all the destinations stated in the tables above.

Yours truly believes that the above answers were drafted by the Little Napoleons in Khazanah for the Minister of Finance to table in Parliament.  The Minister of Finance should be extremely careful from now on especially getting answers prepared by the Little Napoleons in Khazanah as they have been proven to provide misleading answers like the above which will cause unnecessary embarrassment to the Minister. The Little Napoleons did not answer the questions at all. Nothing was mention about why MAS did not terminate the Re-Accommodation Agreement when AAx Sdn Bhd did not pay up the RM31 million on 31-3-2012.

Surely, the singing of the so-called Re-accommodation Agreement could not have been executed between 12 midnight to 12:26 am of 28-3-2012!

Can someone in MAS help with information whether the so-called RM51 million paid to MAS was sufficient to cover the cost of uplifting the said AAX passengers and what are the problems faced by MAS in all the destinations where MAS could not accommodate its own passengers due to the seats taken  up by AAX passengers.

For background information please read inHERE, HERE, HERE, HERE & HERE.

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