Today the learned High Court Judge, YA Tuan Nordin Hassan had set aside the decision of the Competition Appeal Tribunal in 2016 that MAS and AirAsia did not need to pay the fine as they did not infringe the Competition Act. The learned Judge has reinstated a decision by the Malaysia Competition Commission (MyCC) that … Read more
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.
Yours truly has been reliably informed that only the extremely learned and independent Chairman of the Public Accounts Committee (PAC), YB Datuk Nur Jazlan, and YB Tony Pua, who was the CEO of a Cyber Village Holdings Ltd in Singapore, were dominating in the PAC meeting held on 28-4-2014. It must be noted that YB Tony Pua has been known to have been following up on issues raised by Tan Sri Tony Fernandes on KLIA2 especially on the so-called cost overrun and delay.
Updates @ 4:30 pm on 18-5-2012: Please read “Rafidah gone off her rockers”. If YB Tan Sri Rafidah Aziz has gone off her rockers then AJ has gone senile to have signed the secret “Supplementary Collaborative Agreement” and two MOUs with AirAsia/AAX almost immediately after the secret share swap was unwound. Until this day AJ could not reveal what were the exact nature of the collaborations. So far, what we have witnessed was a collaboration based on “MAS gives ALL, AirAsia/AirAsia X take ALL”, 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.
