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.
The little napoleons in Khazanah would like us to believe that MAS employees have been gifted with Mr Christoph Mueller as their CEO.
On 3-2-2015 the Transport Workers’ Union is calling on the federal government to suspend all AirAsia Indonesia flights in Australia in the wake of the crash of flight QZ8501.
In April 2014 AirAsia said it will not move from LCCT because of the issues of safety and security in KLIA2.
The highly acclaimed journalist Ms BK Sidhu, who has just being promoted as the new Editor of StarBiz, had quoted an unknown source that the AirASIA X IPO SHARE will be over-subscribed by 3 to 4 times which later turned out to be FALSE.
At long last AirAsia X Bhd will finally be listed in Bursa Kuala Lumpur very soon. On 10-6-2013 AirAsia X Bhd has made an official announcement of its Initial Public Offering (IPO) of up to 790,123,500 ordinary shares of RM0.15 in the main Board of Bursa Kuala Lumpur (BSKL). The retail price of the IPO is RM1.45, which is almost 10 times above its par value. Based on its retail price it would appear that AirAsia X Bhd is a rock solid company with big “dreams” otherwise its IPO price would not have been fixed at RM1.45!
This was part of the report dated 03-07-2007 signed by Mr L. J.F van Meer, Mr J.N.A. Arnold and Mr E.J. Todd of Fokker Services Asia Pte Ltd (FSA), a fully owned subsidiary of Fokker Service B.V. for one of the twelve aircraft, bearing registration no: 9M-MGA.
“Low-cost carrier AirAsia Bhd wants to opt out of all joint-venture agreements with national carrier Malaysia Airlines (MAS), a source says. AirAsia decided at a board meeting last week that it would seek to terminate its agreements with MAS soon, according to the source, in HERE.
Updates @ 8:20 pm 19-4-2012: Parliament is still in session now. MPs will be debating to amend Capital Markets and Service Act 2007 / Akta Pasaran Modal dan Perkhidmatan 2007 involving MOF. Yours truly will bring to the attention of the August House the ill effects of the MAS-AirAsia share swap and CCF upon MAS, and how the interest of MAS and MAS staffs have been damaged by a few cronies. The contents of the speech will be posted later. Of course, the RM18 million QPR sponsorship, killing of Firefly, infiltrations of AirAsia officers into top management of MAS, witch hunting, verbal decisions given to staffs, the lowest fares charged by MAS to AirAsia X Sdn Bhd and etc will be brought up for the attention of the Government.
Updates @ 7:50 pm on 18-4-2012: Today yours truly has received a reply from MOF regarding the question on the amount of consultancy fees for “WAU” that MAS paid to BinaFikir Sdn Bhd, when it was owned by Tan Sri Azman Mokhtar and his most trusted crony Rashdan who has been embroiled with abused of power as the DGCEO of MAS by upgrading his maid to First Class Cabin. The reply states ” … bayaran yuran konsultan fi termasuk bayaran keppada BinaFikir tidak dapat maklumkan kepada pihak ketiga kerana MAS perlu mematuhi aku janji KERAHSIAAN di dalam perjanjian yang ditandatangani oleh MAS dan konsultan …”. To be fair to the Deputy Minister YB Senator Datuk Donald Lim, he was also very unhappy with the answers provided by the Little Napoleons in Khazanah. The answer is a joke! Yours truly will demand for answers from the Ministry tomorrow during the Debate on the Amendment Bill for Capital Markets and Services Act 2007.
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