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KK Lee

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Everything posted by KK Lee

  1. Like MH, TG has too much political interference. However, TG has a wider network and revenue, could sustain abuse a bit longer.
  2. MH365 PKX-KUL is a good example; MAB rather put the cart (i.e saving on parking charges and may be crews layover) ahead of horse (pax convenience).
  3. Due to US China trade war, many MNC have moved out from China and only few came to Malaysia because of unfriendly business environment if compared with Vietnam and Thailand. Many of these rules and regulations are legacy. Unfortunately, after the blunder of abolishing GST, current administration is hesitate to make more drastic change or cut red tapes. Believe J class on EK and QR are popular and often fully booked.
  4. Understand it is fairly common for foreign passport holders to queue for an hour or more to clear immigration at KUL T1 and T2. Believe this issue is not new and some how MAHB is ignoring the issue for reasons. If one look at floor plan, MAHB could double T2 inbound immigration area. Of course, it will need extensive moving, renovation and reduce arrival duty free floor area. As for T1, there is void between MTB and CP that could be built to accommodate extension.
  5. Airlines business is not limited to domestic; supposed to ferry pax across its network. MAB should look into how to expand sustainable network. During many BTP, MAB milked biz class to the max as if biz class pax didn't have a choice. For reasons, many mnc and even glc executives don't choose MAB as first choice. It will needs years of consistent offering to attract these biz class pax but MAB is not known to be consistent.
  6. There are always reasons and excuses for MAB losses but never management or BOD (current or past) responsibility or fault. Until the management and BOD admit their mistake and fault, same issues would re-occur again and again.
  7. KUALA LUMPUR (Oct 23): Malaysia Airlines Bhd's restructuring has not been smooth and the corporate exercise failed to achieve its intended target as the loss-making company contended with the local aviation industry's overcapacity, Khazanah Nasional Bhd said. Malaysia sovereign wealth fund Khazanah via Malaysia Aviation Group (MAG) owns 100% of Malaysia Airlines. The Public Accounts Committee's report today quoted Khazanah managing director Datuk Shahril Ridza Ridzuan as saying Malaysia Airlines continued to report losses due to problems in the Malaysian and global aviation sector. "The (Malaysian aviation) industry is experiencing overcapacity involving four airlines namely Malaysia Airlines, AirAsia, AirAsia X and Malindo for a 30 million-people market, which translates into about 1.7 seats for one passenger. "Malaysia Airlines was supposed to break even in 2018 and start reporting profit in 2019. However, Malaysia Airlines registered billions of ringgit in losses which resulted in the company's fair value not being able to support (justify) its investment cost," Shahril said. https://www.theedgemarkets.com/article/khazanah-malaysia-airlines-restructuring-fails-achieve-intended-goal Not unexpected. If use seats/population ratio, DXB, DOH, SIN are much higher. Can't understand the rational to use this yardstick.
  8. The rattle of a flight attendant’s service cart sparks a nostalgic joy in me. No matter how many times I fly, I perk up when those trolleys come rumbling down the aisle, maiming any appendages brazenly stretched beyond arm rests. What, pray tell, will the flight attendant hand me this time? A Stroopwafel? A rectangle of lasagna? Sometimes food on a plane sets the tone for your trip, like a baguette and wine on Air France or an ube pastry on Philippine Airlines. Sometimes food on a plane absolutely fails to do that, like the ambiguous goo an airline served to me as “pasta” on a flight to Chile. https://www.washingtonpost.com/travel/2019/10/17/golden-age-airplane-food-is-over-future-snacks-sustainability/
  9. Airlines have greater opportunity to travel long distances as advances in aviation lead to lighter aircraft that are more aerodynamic and fuel efficient. Other ultra-long-haulers include Singapore Airlines Ltd., which has resumed nonstop flights from its home base to New York, and Qatar Airways, which offers an 18-hour direct trip from Auckland to Doha. There’s a market for premium, nonstop flights between Sydney and New York, Joyce said in an interview on Bloomberg TV. He said Qantas fills its daily services from Australia’s east coast to Los Angeles, which then go onto New York. The airline also charges a premium for its 17-hour direct connection between Perth and London, and those planes are 95% full, he said. https://www.bloomberg.com/news/articles/2019-10-17/how-the-world-s-longest-flight-aims-to-beat-the-curse-of-jet-lag?srnd=premium-asia
  10. Given current management, fleet mix, network, business model, mab is unlikely will become sustainable profitable. To change fleet mix, corporate culture and widen existing network will take a few years, not sure how many could afford or willing to burn a few billions RM to see it turn around.
  11. Short turnaround and arriving at ungodly hours, looks like bean counter's opinion supersede commercial requirement.
  12. Over the last 20+ years showed, no matter how much one like to syok sendiri, jaguh kampung mentality is a failure. In the current interruption economy and flat world, critical thinking is essential to survival. Believe most if not all forumers here are patriotic and wanted to see the success of country aviation industry. Not that forumers not contributing but labeled as criticizing, condemnation and what not. Not that proven, feasible and sustainable business model is not available but jaguh kampung choose to reinvent the wheel in different shapes. What more can we say?
  13. Believe aircraft manufacturer is paid on progress of work. Hence, Boeing could keep producing. For delay in delivery, boeing is likely need to pay limited compensation to airlines. When 737 max is back to service mean many older aircrafts will go to storage.
  14. qr ticket is no longer competitive and booked sq for my next trip to fra.
  15. Visitors stay for 1 or 6 nights are still counted but which is more relevant?
  16. Thailand have over 680,000 hotel rooms with occupancy rate of about 68% and average stay of about 7 days. Malaysia have about 260,000 hotel rooms. Guess who is syok sendiri.
  17. A large proportion of tourists arrivals to mys are from Singapore and Brunei. One just need to look at number of hotel rooms availability and occupancy rate could judge the actual tourists arrivals. A lot of statistics in this country are syok sendiri.
  18. The facts remain Malaysia has fewer tourists and not many will revisit again. Why?
  19. Believe D7 couldn't fill or break-even A333 outside peak season. D7 should have more A321 than A333.
  20. Japan Airlines Could Bid for Malaysia Airlines, Edge Reports https://www.bloomberg.com/news/articles/2019-09-15/japan-airlines-could-bid-for-malaysia-airlines-edge-reports?srnd=markets-vp
  21. U.K. Aviation Watchdog Prepares for Possible Thomas Cook Collapse https://www.bloomberg.com/news/articles/2019-09-15/u-k-caa-prepares-for-thomas-cook-collapse-in-case-rescue-fails?srnd=markets-vp Airlines business is vulnerable and risky.
  22. There is no doubt the gomen could even tell him to tfk on the highway. In current disruption economy, business and country could be left out if reluctant or slow to change or adapt.
  23. ak/tf are practitioner of blue ocean strategy and gomen is normally slow to change or adopt. hence, the rant.
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