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Jannar T

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Everything posted by Jannar T

  1. Very very sad to hear this. I think its the worst complain i have read or known about MH. In our Safety Emergency Procedure Manual there's a checklist for the cabin crew & tech crew to follow in handling a disruptive passenger. Based on the report this person definatly qualifies as a disruptive passenger. so sad.
  2. my appologies, only in Jakarta trading was suspended, in Japan , the market was down 9.38% & Hong kong 8.17%, i mis read this article published by The Star newspaper. Thursday October 9, 2008 Asian bourses fare worse on hedge fund unwinding By FINTAN NG fintan@thestar.com.my PETALING JAYA: Stock markets in the Asia-Pacific plunged yesterday on panic selling as terrified investors fled equities for a fifth consecutive day. The spread of the global financial meltdown sent the Japanese bourse plummeting to its lowest level since October 1987. Asian markets fared worse than the US and European bourses because hedge funds were unwinding their positions in Asia, sending markets into a free fall, analysts said. Japan’s benchmark Nikkei 225 plunged 952.58 points, or 9.38%, to 9,203.32 while Hong Kong’s Hang Seng Index dived 1,372.93 points, or 8.17%, to 15,431.73. The Nikkei 225 has lost a total of 1,951 points over the last five trading days, while the Hang Seng Index has shed 2,780 points. Trading on Indonesia’s Stock Exchange was halted at midday after the Jakarta Composite Index plummeted 10% or 168.05 points to 1,451.66, triggering a circuit-breaker. Trading in the afternoon session was also suspended. The meltdown also gripped Russia, sending the MICEX Stock Exchange into a 14.4% free fall in the first half-hour alone before the Russian stock exchange decided to close its markets. In Malaysia, the KL Composite Index slumped 27.04 points or 2.71% to close at 970.19, off the day’s low of 959.49. The decline on Bursa Malaysia was not as steep as in other major Asian markets but a total of RM18.18bil was wiped out from the market capitalisation, reducing it to RM737.67bil yesterday. Stocks which fell to fresh year’s lows included Malayan Banking Bhd, IOI Corp Bhd, Glomac Bhd, Lafarge Malayan Cement Bhd, and EON Capital Bhd. Bursa chief executive officer Datuk Yusli Mohamed Yusoff said this was a crisis of confidence and supported the moves by the central banks to provide easier access to funds and reduce the cost of doing business. Meanwhile, the British government unveiled a £50bil rescue package for the country’s banks but this was not enough to halt the slide in European markets, which recorded losses of between 4% and 5% in early trade. To calm the financial markets, the US Federal Reserve, the European Central Bank, the Bank of England, the Hong Kong Monetary Authority and the central banks of Canada, Sweden and Switzerland all lowered key interest rates yesterday. The Fed cut its benchmark rate by half a percentage point to 1.5%. The rate cuts produced a brief recovery in European markets, but did not prevent major European indices from falling in late trade. In what has been described by analysts as a crisis of confidence despite huge bailouts starting with the US$700bil Troubled Asset Relief Programme (TARP) passed by the US Congress late last week, major bourses worldwide have lost US$5 trillion in market value over the past week. The International Monetary Fund has also raised its estimate of losses tied to US loans and securitised assets to US$1.4 trillion and cut next year’s global growth rate to 3%. United Overseas Bank economist Suan Teck Kin noted that a more coordinated effort to address the challenges ahead might result during the annual meetings of the IMF, World Bank and G7 countries between Oct 10 and 13. He told StarBiz that the piecemeal intervention of governments in shoring up the capital base of banks was not effective and that “joint global coordination” was needed. Aseambankers Equity Research head Vincent Khoo said the interest rate cuts were not good enough, adding that more measures had to be implemented. “Central governments must come up with more measures to coax banks to lend,” Khoo said. “There must also be a system to provide security to counter-party risks to the banks.” Aseambankers head of retail research for equity markets Lee Cheng Hooi said the first support level for the CI was 959 points, followed by 939, Lee said. If the selling continued, the index could hit 895 within a week, Lee added.
  3. As we have seen in the past few weeks, the global economy is in turmoil. This week, trading in major stock markets worldwide crashed. Trading in places like Japan, Hong Kong & Jakarta had to be suspended due to the freefall of the stock market. The world is facing an economic meltdown......how does this affects us in the aviation industry. As history has taught us, airlines are very fragile babies during economic downturns. Air travel / Air Freight will tumble down in demand if the economies that these airlines depend on slow down. The formula is simple, with a global credit crunch (banks are low in cash), there will be less business opportunities as financing of trade is effected, this in turn will mean there will be less trade, less trade means less travelling for business man, less freight forwarding, less income, which will spiral down to the common worker, who might lose a job or will earn less money, this will mean less people will take holidays or travel. Spending will be tightened. More airlines (especially in the US) have filled for bankruptcy and closed shop in the last 12 months compared to the last 5 years ( source: IATA website ). Will we here in Asia & especially ASEAN be affected? There are many aspiring cadet pilots who are in Flying Schools at the moment. Hundreds of them will be licensed pilots hungry for jobs in the next 18 months. Will there be enough job opportunities to go around. To add to the concern, there are plans for even more flying schools to be set up & further saturate the job market. Companies such as Air Asia have been & are currently aggressively growing. Will they be able to sustain they're growth. Their stock price clearly does not seem to have investors confidence, so much so the company is planning to buy back its options that it made public because it believes they are valued more. MAS in the last 18 months under the much hyped BTP (back to profitability) plan has cut out routes those were not making money, especially into Europe. Even their cadet intake has considerably slowed down. Firefly has yet to post a single quarter of profit & remains till today an acknowledged experiment by MAS. Transmile have grounded their wide body fleet & are considerably downsizing, they lay off their wide body crew. The question remains as how the global economy will affect us here in this region, some argue that the current credit crunch will propel the emerging super economies such as India, China & the former soviet states such as Kazakhstan to the forefront and represent huge opportunities for our local air travel / freight companies. Do we have the capacity to expand into these markets or will our competitors get there first?
  4. farid cant walk, he was wheeled in & out of the aircraft. he broke his ankles....
  5. Farid was transferred from TGG to Sungai Buloh General Hospital yesterday. By coincidence I was doing SNY on that flight. He was in good spirit & happy to be going home....took him a moment to recognize me, he must be under a lot of medication... a young doctor was accompanying him & his family, I was really happy 2 see him.....as he left the aircraft, he told me that he's gonna come back asap, he wants 2 fly the 737...it really moved me, the guy crashed 10 days ago & yet he’s so resilient....true aviator. The DA40 is a fantastic a/c, if only the reliability was better.......... sharing some da40 pics......haha
  6. Ariff is one of the nicest guys I knew in HMA, he's dad is En Fuad, use to fly 737, grounded due to medical, he now teaches ground school in MAS. Ariff was the safety pilot. He passed away on impact. Farid was the PIC. He's going for surgery today. I attended ariff's funeral & burial. I have deep respect for his batch mates. Every single one of them flew in from either LGK or TGG on their own expense for his final wrights. There were many HMA seniors who have left the school who also attended. These people came to pay tribute to a good human being & brought a dignified meaning to what comradeship is. What happen has happened. DCA has taken over the investigation. I am appealing to all not to make any assumptions on what happen, his family, his batch mates, his friends and HMA are mourning him and praying for Farid. Let us not speculate, I?m sure the truth will eventually surface. A good man has passed on, a friend of mine battles for his life. I spent a few hours chatting with Farid in the ops room the day Farid left for TGG. This event has reminded me of how precious life is and how short it can be. But life will continue, in LGK, flying has resumed. His batch mates will find the strength to continue and complete I hope. Let us pray......for I shall remember a good man, and hope for the best for a friend who battles for his life.
  7. you can also use your mas id to get into clubs for free if your a flying crew member. Clubs in kl like passion/poppy, zouk & zeta bar will give u free entry, no cover charge.
  8. Ok people, first sorry for the spelling mistakes....not my strong point I must admit. I agree with 95% of all that has been said, but my point, my question is what is the wright course of action? some say sell lock, stock & barrel, & restart, well......it makes a lot of sense apart from the thousands who be put out of a job.......but how to turn it around......I agree that 1 quarter profits is not all that great.....but how to turn it around. How to get back to profitability. How to be competitive. How to make MAS something to be proud about. How to re brand. How to win back customers & market shares. How, is my question? my first posting was that I thought the plan made sense, as optimistic as I may seem, I’ll be the first to put my hand & say, I don’t know how to solve all the problems, but I think the plan is smart based on the current situation. The food sucks, I am paying customer (was before). The seats are bad. The service is most of the time good but not all the time. The general work force sucks. I knew after a few weeks that the place is runned like a government agency. I used to work in a multinational company before & I was shocked by people attitude to their work....... But my point is, what the way forward. If you’re the MD, what do you do? How do you solve the mess? How? You can’t shut down MAS & restart because the government wont allow it, don’t complain about it, its fact, now what do we do? I said the plan made a bit of sense to me, so what’s the better plan, I am really eager to hear. please forgive me for sounding harsh or rude, but I really feel that everyone is really good at complaining, not solving the issue, in my previous workplace, if I went to my boss with a problem, he will crucify me, the culture was to come with a solution to a problem, never mind if its half or a quarter solution, before you meet him you must have an idea on how as a team you will solve the issue. So people my question is, if you are the MD of MAS, how do you turn things around. Don’t complain about the limitations, but come up with a strategy.
  9. I must admit I am shocked & amused. I never though there would be so much posting in such a short time about this topic.To answer your question; (1) how certain are you it was wholly from within? check the books, the audit was done by Erns & Young (reputable enough for me) , they sold the building some aircraft……etc, but what I meant is that they found alternate divisions that raked in money…eg E & M(2) what competitive edge and against whom ? I meant E & M, MAS E & M is competitive. They have the facilities & the man power, & Malaysia is still considered a cheap place in term of exchange rate, wages, of course its not as cheap as china, but china might not have the technical man power mas has. E & M in MAS in Malaysia has quality & is cheaper. India has the man power, but no facilities. Singapore has facilities & manpower but is expensive. Indon has facilities but bad reputation. (3) Has the freefall been halted ?How would anyone know. Crude oil is 100++ USD today, fuel price has doubled in the last 2 years, have fairs doubled ? No. Saying record profit I admit is nonsense. You can only say profit after you wipe out all the losses you ever made, so 1 good quarter doesn’t count for much, but the point is, it’s a lot better then 8 quarters ago, if it had continued in that path…..the company would have been broke, is the company broke today., No, if it had continued in the same path, yes,I must say I was very happy to join in MAS. Especially since I was a private cadet. It was quite shocking after mingling around to see so many (especially Tech Crew) practically hating the company. Everyone wants too leave. I guess it’s to early for me to understand & I’m not going to pretend like I know everything that’s going on, but I am learned based on my experience in mergers & accusations of companies to understand a company that is heading down & up, and I say, buy MAS shares, not for profit next week, but in 5 years. What many people don’t see is that the MAS is not reinventing its self for tmrow, but for the next 5 years.I agree the meal box & most meals are rubbish, but hey, people still fly MAS, and it made money. I have spent hours reading on cooperate restructuring, in other countries especially, apart from VSS, the first thing a company going through what MAS went through a few years ago, was to slash wages, just look at all America or European airlines that had financial problems, jobs & wages were the first to go. In MAS, you were given a choice whether you want to leave or go, and they never cut back on wages, in MAS people got their pay on time 25th 95% of the time, till now, I have no idea how they did it.There are many things I feel people don’t understand about MAS. It was mess, its still is quite a mess, but I feel there is now a group of people who seem to have some clue about what to do & how to go about it. The accusation of new aircraft is risky, its worth 5-6 billion USD in total, money I’m not sure MAS can afford, but what choice do they have, many other airline companies in MAS position ( take southwest, thai & Pakistan airlines ) in the mid 90’s did what the norm was, keep the old fleet, refurnish them & weather the storm a bit & see what happens, the results were mixed, I think MAS is doing the Wright thing, go out & get new planes, with better seats & in flight entertainment you have an edge over the competition, refurbishing, even thou is cheaper only levels the playing field. while our competitors are doing a lot better, they had a nice platform to start with, when Ij took over, it was terrible, the mistakes in the past, if we want to comment, its never ending but lets agree on a few things if we can. MAS never sacked people or forced wage cut back, even thou any other company outside Malaysia would have done that first & things are improving. snack box, loung shutting down, tech crew not getting paid enough(i'm a big supporter) are all issues, but i'm optimistic.ohh by the way.......since were so critical.....i'm surprised i havent heard any suggestions on how to turn the company around......since were so critical & in the semangat of MH bashing,,,,,,how to improve ? i think we've heard enough about the snack box, but i mean long term.....what is your buisness plan ?
  10. Malaysia Airlines BTP As a new employee in MAS, I spent the last few weeks in MAA going through many publications on the much hyped about Business Turn Around & Transformation Plan. The plan looks clever & at the moment seems to make a lot of sense. Let’s see how the story unfolds When Idris Jala & his team took over, the company had poor sales, high cost, and were loosing out to competition. The competition, mainly SQ had newer a/c, with better seats, better in flight entertainment, better service & were really kicking MAS ass. How to remain competitive, MAS did not have cash for new a/c, new seats, better in flight entertainment, food contracts with caterers were signed, changing them big compensations, it all boiled down to not enough money. I like the way MAS begin its business diversity drive. They new they could not compete in the passenger market. They begin to look for alternate means to reap in much needed revenue. The solution was E & M, human capital development & freight. E & M is now making money, a lot more then before. Many a/c are being refurbished (mainly 747-200); any many foreign airlines conduct maintenance in subang now days. MAS always have had the man power & facilities to be a regional E & M power house, they seem to be in write path. Their good service/safety record has helped MAS E & M to brand them as a reliable & cost effective. E & M is now conducting maintenance, refurbishment, & repairs for many airlines. Human capital devolvement. Everyone has heard about how good mas cabin crew are. They are good because they are trained well. MAS has used this to market their cabin crew training. A few airlines (From India,China, The middle east & Africa) are now having their cabin crew trained in MAS in Malaysia or in their respective countries. E & M has also started training other airline personal. Our simulators, especially the F-50 & 737 are being leased out to foreign airlines. There are only 3 F-50 sims still operational in the world. 737 sim are being used a lot by the All Nippon Crew. MAS cargo has also been expanded & is profitable. Its common knowledge that MAS 74 cargo fleet is more profitable then passenger configuration. The thing is, these measures required very little investment from within but reaped in a lot of money. Money from secondary businesses is now being channeled for new a/c, with better seats & in-flight entertainment. This is how MAS plans to be competitive in the future, its stand that refurbishing old a/c would only cost to much because in the end you would have to buy new planes anyway, weather the storm, & when you can afford it, go out & get new planes & get ahead of the competition. Concentrate on what would improve service but not cost to much, cabin crew, MH hospitality & many others. They raised money from within the company, found a competitive edge, & now have money to take the fight to the passenger industry that they were falling behind.
  11. any news on what happen 2 the tech crew....any DI or TI ?
  12. i always thought AK stands for Ananda Krishna (Maxis)
  13. In MH, your given 80 sectors to clear solo during your line training on the 73, in AK, after 6-8 sectors, u can solo. The max is 150 sectors to clear line training. The record is 69. If u clear before 100, you are really good. In AK, u usually clear around 70 sectors your line training. Dont get me wrong, i'm not saying AK has low standards, but after speaking to some of my AK freinds who just finish line training, its scary. Imagine, solo(Functional) after 8 sectors. Just imagine if the Capt had a heart attack ( a lot of AK captains are old ).....just scary
  14. i was just wondering, these are the following flight training organizations in malaysia. 1. Malaysian Flying Academy, Melaka 2. Kolej Tentera Udara (KTU or affectionately know as Pula Tibang), Alor Setar 3. Halim Mazmin Aerospace, Langkawi 4. APAC, Kota Bharu 5. ITNS, Ipoh 5. GGIFA, Bintulu 6. KLIFA, Johor which one do you believe has the highest standard of flight training, lets compare & discuss the pro's & con's of each school.
  15. well to further highlight brendens point a few weeks ago....HMA is improving. Its come a long way especially in the last 6 months. In the last 8 months they have graduated batch 5,6,7,8. Thats about 1 batch every 2 months. i dont think any other school can match that pace. of course all of them were delayed. i think batch 8 graduated 13 months after schedule, but the backlog is finally flowing. I beleive batch 9 should be out by end of march...so atleast there's a flow.
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