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KK Lee

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Everything posted by KK Lee

  1. There are ten of thousands incidents everyday that are news worthy. it is editors job to choose those that fit the news organization owners and consumers preference. similarly, mainland chinese media is guided by ccppd.
  2. If is MH, it would operate as a triangular route.
  3. A333 Neo CASK is cheaper than A350/787? MH change of date on ONE SECTOR is MORE EXPENSIVE than brand NEW RETURN ticket. As if MH was not subsidized by our gomen. how much has gomen had written off on MH, how much more to go? How much premium fare MH could charge by serving RM4.5 meal box, sugary drinks? MH should ask, why foreign premium pax have abandoned MH. At existing MH network, how big is transit pax market for MH? MH issue is not new or started in last few years but in existent for many years. The facts remain despite multiple BTP and change of CEO, MH is still bleeding >RM800m p.a and not a financial feasible business unit.
  4. Due to services provided, MH's RASK could only be low and due to less fuel efficient aircraft e.g A333, MH CASK is higher; basically, MH is not in a proposition to be profitable. On occasions, tried to have date change on Y and J class, change fees on one sector is more expensive than buying new return ticket. Can't understand how they manage yield.
  5. Went to T1 to pick up a pax recently. Find the MAHB traffic management at arrival lanes fascinating and it said a lot of MAHB management competency.
  6. Though MH was reported had lossed about RM 800m p.a in last few years? This report could mean some recent losses is buried somewhere or deferred. Unless the gomen is to bare a portion of or full losses for next few years, doubt any business minded person (e.g D7, AF/KL, JL, TK, QR, etc) would even touch MH with a pole.
  7. https://www.edgeprop.my/content/1634675/malaysians-not-happy-about-uk-journalists-nasi-lemak-experience Looks like from Sats/Brahim catering.
  8. MoT should remove top 2 layers of MAHB management and replaced with experienced foreign airport operator/team.
  9. ETA 1am and 2am is understandable for holiday chartered flight or timed for short transit but not otherwise. by default, yield on these flights could not be high.
  10. MAB high CASK was cast in stone when they ordered A333 instead of A350 or 787 a few years ago. On my recent trip SQ and TG 380 to FRA and KIX, ticket price was significantly cheaper than ME3 and MH/CX/VN respectively, and were full flight. On MAB RASK, it is a matter of managing pax expectation. Believe MAB still lack business sense and lost touch with basic. On one occasion, a change of date on a 2 hours EY flight would cost higher than buying a J class ticket.
  11. A yardstick on MAHB CEO performance will be the security check at boarding gate.
  12. He survived longer than expected; more skeleton will be out from cupboard.
  13. Believe they only planned for peak season and neglected about off peak season.
  14. Pilferage is likely to occur at departure or transit airport as more time is available. At arrival airport, more likely by customs.
  15. To be competitive internationally, the country need to cut red tapes (hopefully not length wise).
  16. Iran’s Foreign Ministry called in the South Korean ambassador last month to demand payment of 7 trillion won ($6 billion) for oil it sold to the Asian country, Chosun Ilbo reported, citing officials it didn’t identify. Iran expressed “strong regret” over Seoul’s failure to complete the payment, which has been deposited at two South Korean banks without being transferred to Iran’s central bank for years due to U.S. sanctions against the Middle Eastern country, the newspaper said. It added that other Iranian authorities including the central bank also complained. https://www.bloomberg.com/news/articles/2019-12-14/iran-demands-6-billion-oil-payment-from-south-korea-chosun?srnd=premium-asia The trap is clearly marked and U.S won't stop anyone to walk into. When will DoJ sprung the trap depends on U.S administration i.e politics. The longer one spend in the trap, more leverage and damages is expected, which many foreign banks e.g hsbc have experienced.
  17. U.S. economic sanctions against Iran are illegal and Malaysia does not support them, the southeast Asian nation’s Prime Minister Mahathir Mohamad said Saturday in Doha. The curbs have constrained Malaysia’s access to an important market and trading partner, he said at a conference in the Qatari capital. https://www.bloomberg.com/news/articles/2019-12-14/malaysia-does-not-support-u-s-curbs-on-iran-premier-says?srnd=premium-asia If Dr M is encouraging local companies to breach U.S economic sanction, FAA is unlikely to restore CAAM status anytime soon.
  18. Heard CAAM had a lengthy meeting with FBO yesterday afternoon. It seems issues raised by FAA audit was not act upon within the stipulated period. A major concern now is will EASA follow FAA?
  19. A reduction of mavcom expenses is enough to pay for caam's shortfall. Some in the chain of command were arrogant.
  20. "The CAAM chief executive officer has tendered his resignation on the Nov 1 and in the interim, an executive committee of the board has been established to oversee the operations of CAAM. https://www.malaysiakini.com/news/499462
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