“MAS Net Loss of RM830 mil for 9 months Jan to Dec 2013”

Perhaps AJ does not under the history of MH. It is Malaysia Hospitality and not Musnah Harapan.
“Stay focused” says AJ.  “Stay Focus” to look after the interest of other airline?  It seems that now MH stands for “Maruah Hilang” & “Musnah Harapan”!

Yours truly went to the same mamak stall for a teh tarik this noon and someone has just passed the e-mail entitled “Stay Focused In Our Journey” from MAS Group CEO, which is still warm from the oven.   Continue reading ““MAS Net Loss of RM830 mil for 9 months Jan to Dec 2013””

Under AJ, MAS loss RM4.1 million daily!

MAS with new livery after the Mas -AirAsia share "suap"
MAS with new livery after the Mas -AirAsia share “suap”. The cost of this new livery was part of “cost cutting” to MAS under AJ.
MAS livery before the MAS-AirAsia share 'suap"
MAS livery before the MAS-AirAsia share ‘suap”.  It doesn’t look “profitable” to AJ and his MASTER during the “share suap”.

En Ahmad Jauhari Yahya (AJ), the Group CEO of MAS and his top management have been bragging that MAS has managed to get more passengers to travel on MAS. Of course, the numbers game was the brainchild of AJ and his “Bollywood and Hollywood stars“. What is the point of gaining more passengers with no yield recorded except another loss of RM375 for the 3rd quarter of 2013 (July to September). Any person with modicum of intelligence could get the numbers over night if one just to embark on slashing of the fares with no other plans in hand.

Continue reading “Under AJ, MAS loss RM4.1 million daily!”

Azman Mokhtar, Rashdan, Tony Fernandes, Kamaruddin, Md Nor Md Yusof and AJ must be held responsible for the fine of RM20 million – Part 3

The Happy Family of the MAS-AirAsia share swap and the architects of the violation of the Competition Act.
The iconic photo of the “Happy Family” of the MAS-AirAsia share swap and the architects of the violation of the Competition Act.

On 8-8-2011 the MAS-AirAsia share swap was inked by Tan Sri Azman Mokhtar, the MD of Khazanah, and Tan Sri Tony Fernandes of AirAsia. The the Advisor of the said share swap was none other than Dato’ Seri Nazir Razak of CIMB.   On 6-9-2013 both MAS and AirAsia were fined RM10 million each for “collaborating to integrate some routes in which they had  earlier competed” under the said share swap.  Part 1 was about the inking of the said MAS -AirAsia share swap with the advice from Datuk Seri Nazir Razak / CIMB and Bain & Co, HERE and Part 2 was the chronology of events after the said share swap before the appointment of AJ as  Group CEO of MAS, HERE.   Continue reading “Azman Mokhtar, Rashdan, Tony Fernandes, Kamaruddin, Md Nor Md Yusof and AJ must be held responsible for the fine of RM20 million – Part 3”

Tony: Why AirAsia & X still send aircraft to MAS Engineering?

AirAsia A320 undergoing maintenance works in MAS Hangar No: 5 in KLIA
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 “Tony: Why AirAsia & X still send aircraft to MAS Engineering?”

AirAsia & MAS were fined RM10 million each for violation of Competition Act

The architects of the MAS-AirAsia share swap and CCF
The “Happy Family” of the MAS-AA share swap & CCF.  From 2nd left: Datuk Kamarudin Meranun of AirAsia, Tan Sri Azman Mokhtar (MD of Khaznah), Tan Sri Md Nor Yusof, Chairman of MAS, Tan Sri Tony Fernandes of AitrAsia, Rashdan aka Danny, nominee of Khaznah & Datuk Nazir Razak, the CEO of CIMB Group.
En Mohamed Rashdan Yusuf aka Danny  (left in pic). AJ showing thump up for Rashdan. AJ has said that "Rashdan was vilified and maligned in blogsphere".
The two main key players in MAS at the height of the MAS-AA share swap. Pic: AJ and En Mohamed Rashdan Yusuf aka Danny . AJ and his then “co-pilot” showing thump up for MAS-AirAsia share swap?. AJ has said that “Rashdan was vilified and maligned in blogsphere”.

The Malaysia Competition Commission (MyCC) said in a statement that the country’s two dominant carriers would each have to pay a RM10 million (US$3 million) penalty for collaborating to integrate some routes in which they had  earlier competed. Continue reading “AirAsia & MAS were fined RM10 million each for violation of Competition Act”