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”.
En Mohammed Rashdan Yusoff aka Danny, Tan Sri Azman Mokthar's crony and ex-business partner in BinaFikir Sdn Bhd, was talking about "PERFORMANCE". Performance by spending RM18 million to sponsor QPR and cutting routes to benefit AA?
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.
The key players in the secret MAS-AirAsia share swap and the so-called Comprehensive Collaborative Framework.
On 21-11-2011 MAS MD, En Ahmad Jauhari Yahya (AJ), told the Public Account Committee (PAC) in the presence of Tan Sri Azman Mokhtar, the ex-business partner of Rashdan when they were in BinaFikir Sdn Bhd, that Firefly made a loss of RM89 million! Read HERE. Yours truly has been reliably informed that as a mark of appreciation of the Firefly’s overall staff performance last year, MAS management rewarded members of staff of Firefly with bonuses from as high as 8 month and as low as 4 month salaries based on their respective performance.
Updated @ 12:30 am 15-12-2011: MyCC to investigate into the MAS -AirAsia share swap comes Jan 1,HERE.
MAS has announced on 18-02-2010 that 0n 16-2-2010 it had received a complaint filed in the US District Court for Eastern District of New York on behalf of Benchmark Export Services and six other plaintiffs against MAS and 11 other defendants on the allegations of price fixing airfreight shipping services and fuel surcharge and etc. MAS has denied such infringement. On 11-7-2011 MAS paid US$3.35 million as an out of Court settlement which can be considered as the lowest settlement sum under anti-trust laws.
YB Datuk Ismail Sabri: Why was the public hearings on MYCC done in a hush-hush manner?
Updated @ 10:15 pm on 12-12-2011: Please read this interest article in HERE.
On 9-12-2011 Domestic Trade, Cooperatives and Consumerism Minister, YB Datuk Seri Ismail Sabri told the nation that Malaysian Competition Commission (MYCC), which will be headed by YA Tan Sri Siti Norma Yaakob (a former Chief Judge of Malaya), will consult members of the public before the implementation of the Competition Act 2010 on 1-1-2012.
