In PART 1 we stopped at the sorry state of Rural Air Service (RAS) and Fly Asian Express Sdn Bhd (now AirAsia X) where six aircraft were grounded due to un-airworthiness and another one was cannibalised for spare parts, and how MAS was left to pickup the pieces thereafter.
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.
Part 2 of the speech of your truly n Parliament on 19-4-2012. This is the verbatim version of it as reported in Hansard.
Updates @ 2 pm 15-4-2012: “Danny-Nanny scandal turn into Reign of Terror” a must read article by ABITW in HERE.
Yesterday (13-4-2012) MESA Union of MAS has sent an e-mail to Tan Sri Md Nor Yusof (Md Nor), the MAS Chairman and also one of the brains behind the project known as “Widespread Assets un-Bundling” ( “WAU”) in 2002 / 2003 when he was the MD of MAS. It was under WAU that on 25-9-2003 Md Nor caused MAS Catering Sdn Bhd to be sold to the former PM, YB Tun Abdullah Hj Ahmad Badawi, brother’s (Datuk HJ Ibrahi Hj Ahmad Badawi) company and on the same day Md Nor secretly signed a ONE SIDED catering and other services agreement with MAS Catering Sdn Bhd for 25 years costing MAS RM6.25 BILLION! The name of MAS Catering Sdn Bhd, which was set up in the 1970‘s, has been changed to LSG Skychef Brahim’s Sdn Bhd, in HERE.
Updates 2 11:30 am 12-4-2012: Apparently the Special Rate Fare charged to AAX is ALL inclusive of the Airport Tax, Emission Tax for London and Paris sectors and Fuel Surcharge. After the deductions for the taxes and Fuel Surcharge, the fare KL – London will be left with RM500 for MAS to cover its fuel cost! It is definitely a rewarding deal to some! But losses to MAS.
In Utusan on 12-4-2012, MAS latest promotions in to Hong Kong fare at RM809, Jakarta RM609 and Ho Chi Minh City RM709. Just compare them to the Special Rate Fare to London that MAS only received a mere pittance of RM500 for up-lifting AAX passengers.
AJ has proudly told the MPs during the briefing on 26-3-2012 that AAX has paid RM20 Million to MAS as deposit. The RM20 million only covers an average cost of about RM570 per AAX passengers!
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The share swap deal between Malaysia Airlines (MAS) and AirAsia has been a rewarding experience to date with good progress achieved in respect of collaboration, says AirAsia Bhd Group Chief Executive Officer, Tan Sri Tony Fernandes.
Updates @ 7:00 pm 9-4-2012: Parliament will only end at 10:30 pm tonight. YB Datuk Bung Moktar, MP for Kinabatangan told yours truly at 4:05 pm that he said “The Briefing of MP by MAS on 26-3-2012, he said that if the turning around Business Plan is genuine then he will salute AJ and the others and that he strongly opposed the CCF and the way it was implemented by the TRIO. He also asked for another briefing for AJ to bring along Tan Sri Tony Fernandes to brief the MPs. He hopes that AJ will organise a anther briefing as soon as possible” YB Datuk Bung Moktar has asked yours truly to inform MAS staffs and put on record accordingly. Thus this updates.
A new posting will be posted later tonight regarding what had happened in Parliament where several MPs have spoken up against the CCF, the procurement contract between MAS and LSG Sky Chef Brahim Sdn Bhd, ex and present DCA Inspectors doing part time piloting work for AA without APTL License or with Honorary APTL License, En Azhari position without Nominated Post Holder and etc. Yours truly held a press conference regarding the conflict of interest on the part of PlaneConsult, Mr Shane Nollan and Connor McCarthy. Stay tune.