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.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.
The Australian Competition and Consumer Commission (ACCC), an equivalent of Malaysia Competition Commission (MYCC), has filed a lawsuit against AirAsia for failing to disclose the full air fare in its website for the following flights: Melborune and Macau, London, Ho Chi Minh City, New Delhi, Hangzhou & Chengdu, Perth and Taipei, Phuket, Osaka, London, Ho Chi Minh City and Hangzhou, Gold Coast and Ho Chi Minh City, in HERE. The suit has been scheduled to be heard on 2nd March, 2012. Read in HERE,APANAMA – “Australia nails ‘extraordinary’ AirAsia, & ABITW – “Demand the same from AirAsia”.
