Khazanah Nasional Bhd has announced the delisitng of MAS this morning. However, yesterday at about 10:30 am Reuters broke the story about the impending announcement by Khazanah Nasional Bhd, HERE. Continue reading
YM Tengku Azmil, the previous MD of MAS, who resigned immediately after the signing of the secret MAS – AirAsia share swap and the Comprehensive Collaborative Agreements (CCF) on 9-8-2011, has signed an MOU with Oneworld on 5-6-2011. Oneworld is an alliance comprises of 12 IATA airlines. MAS was supposed to formerly join the Oneworld in September/October last year. Read in HERE, HERE & HERE. Continue reading
According to very reliable sources, on 21-11-2011 Tan Sri Azman Mokhtar told the Public Account Committee (PAC) the followings: Continue reading
Updated @ 12:30 am 22-11-2011: Tan Sri Azman Mokthar, the MD of Khazanah Nasional Bhd in his briefing to PAC yesterday morning and acknowledged that they were 50 verbal and written questions raised by 36 MPs in Parliament. Yours truly regretted and apologized that a new posting cannot be done with regards to what Tan Sri Azman Mokthar and En Ahmad Jauhari, MAS MD, have told PAC with regards to the secret MAS-AirAsia share swap and the so-called Collaborative framework on 21-11-2011. Yours truly was too elated that Malaysia won the SEA Game Football Championship. Cheers to Harimau Muda! The Harimau Muda under the leadership of Mr Ong Kim Sew have made the nation proud. Maruah Negara dan Harapan Negara dipertahanakan oleh Harimau Muda tanah airku! Continue reading
Updated on 18-11-2011: YB Datuk Seri Kong Cho Ha, Minister of Transport, said yesterday that the Cabinet had approved the increase in charges in February 2009 and the delay in imposing the new rates had caused the tax payers RM180 millions a year in subsidizing international travelers. There had been a lot of other increases done by the airlines quietly and nobody is making noise, said the Minister in respond to Dr Spinner’s dissatisfaction through the social media. Read HERE for the increases in AirAsia’s hidden charges. The Government should stop entertaining private airlines’ business model just for them to make profits at the expense of tax payers.
Tan Sri Tony Fernandes’ (Tony) contention is that the RM7.oo increase is too much to pay for LCCT which he likens to an “airconditioned horse stable” on Twitter. The hike also affect travelers and he claimed that it was unjustified and that it would affect his business. He said on Twitter. “…RM25 for services in LCCT? What a rip off! It’s an air-conditioned horse stable!’ He said on his Faebook, “AirAsia has been fighting to make them cheaper for common man. Airport taxes are paid by Malaysians and passengers. The money doesn’t go to AirAsia but MAHB.” Continue reading