Alwafeer Air Owes Penerbangan Malaysia US$19.5 Million

[flee 5]

KUALA LUMPUR, Nov 3 (Bernama) -- Alwafeer Air owes Penerbangan Malaysia Bhd (PMB) US$19.5 million (about RM61 million) up to August for the lease of three aircraft.

 

The last time Alwafeer made payment was on Nov 8 last year, Prime Minister Datuk Seri Najib Tun Razak said in a written reply to Wee Choo Keong (Independent-Wangsa Maju) in the Dewan Rakyat Thursday.

 

"PMB and MAS (Malaysian Airlines System Bhd) have sent a notice of demand to Alwafeer and are now in the process of terminating the lease.

 

"The three aircraft are now in the possession of PMB," he said.

 

Najib who is Finance Minister said the lease agreements were signed on Aug 16, Oct 20 and Nov 2, 2009 while the three aircraft were delivered to Alwafeer on Aug 18, Oct 21 and Nov 2 the same year.

 

"The three agreements are due to expire on their sixth anniversaries in 2015," he said.

 

He said MAS and PMB had received RM79.35 million in cash from Alwafeer for the lease.

 

He said PMB and MAS had conducted due diligence covering legal aspects as well Alwafeer's business plan before the aircraft were leased out.

 

"The agreements gave MAS and PMB an opportunity to get revenue from the lease of the three aircraft," he said.

 

Besides, he said, MAS also obtained supplementary income for engineering services besides maximising the use of spare parts and manpower.

[Nik H. 3]

Something about Al Wafeer is out and PM has given a written reply, short and sweet, which i know came from the same liars in MAS. Apparently the question came from YB Wee, an Independent MP who coincidently rides a Harley Davidson almost similar to what I ride. Coincident.....?

[Nik H. 3]

1st aircraft lease agreement signed aug 18, aircraft delivered aug 20, second signed oct 20, aircraft delivered aug 21, third signed nov 2, delivered same day. Wow, magic. Man the stories I can tell..........the people involved must either be stupid or damn smart.....

[Mike P 0]

Great, more uncollected debt.

[Nik H. 3]

The people who engineered this deal are still there in MAS, untouched.

[Arzman 0]

The people who engineered this deal are still there in MAS, untouched.

 

Capt,

you are not disguised, yet you are vocal. How bout goin 'incognito'?

[Nik H. 3]

Capt,

you are not disguised, yet you are vocal. How bout goin 'incognito'?

 

I feel better throwing stones without hiding my hands. For that reason I have many "Brave Friends" who will not want to be seen at the same table with me. Which means that friends who do are real friends.

[flee 5]

I think that some people from the inside are already starting to speak. Perhaps AJ should consider an internal inquiry. MH really needs to plug as many leaks as possible so that it does not bleed to death!

[Waiping 12]

Saw the other 2 Al Wafeer B744 at SZB today. Wonder what fate awaits them.

[Nik H. 3]

Interesting Stuff....

 

http://weechookeong.wordpress.com/2011/11/04/hutang-alwafeer-air-lebih-dari-rm60-juta/

[Tamizi Hj Tamby 1]

Interesting Stuff....

 

http://weechookeong.wordpress.com/2011/11/04/hutang-alwafeer-air-lebih-dari-rm60-juta/

 

Indeed.

[Nik H. 3]

Posted 05 October 2011 - 11:42 PM

 

Haj Operations operational processes was something the Team I led put in place so anyone can run it like clockwork. I am not selfish enough to leave behind something the Team has worked for so hard so I seem indispensible. This contract is the last one for MH after the Team won it in the last tender exercise. Next year will be another story altogether.

 

9M-MPD was one of three aircraft leased to Al Wafeer in a poorly planned venture that I was dead against, as I saw many major defects in the contract negotiations process. I have vehemently advised the Management not to go ahead. I have also outlined my prediction as to how the venture will fail, but was thoroughly ignored. All were done in writing, and addressed directly to Tg Azmil, the CEO of MH then. I did not even get an acknowedgement.

 

I watched in morbid horror how MH cluelessly went ahead delivering the three aircraft to the newly formed Al Wafeer that at the time of negotiations has a business plan that is not workable, does not own any operating rights, and a financial plan that is not sustainable. MH not only gave the aircraft away, but also assisted in the procurement and training of Al Wafeer cockpit crew. MH operational experience were also given to Al Wafeer on a platter to assist in putting in place an operational and engineering plan.

 

When it became apparent that the lease program was not going as planned, MH sat idly by watching our good money go down the drain. No one seem to be brave enough to pull the plug on that venture.

 

9M-MPD was 'repossesed' easily as it was in Malaysia for maintenance. The other two, which were reregistered as Saudi aircraft is still stuck on the ground in Jeddah, and attempts to bring the aircraft home has failed misrably.

 

It was one of my saddest moment in MH watching this take place as those who pushed for the lease program moved on to other things, and walked around as if they have done a good job.

 

9M-MPQ was reconfigured following my efforts to make the Haj and Umrah more economically feasible. 9M-MPD was also reconfigured into similar seating arrangement so it was a happy accident for MH to use the aircraft for the Haj.

 

The three b747s belongs to PMB, which is a Khazanah concern, which means theMalaysian taxpayer takes a direct hit in the nose for someone else's folly.

 

I hope this will not be swept under the carpet. Those in charge must be made to pay heavily for their utter negligence.

 

I'd lke to say more but I worry as we Malaysians have a tendency to shoot the messenger.

[Izanee 0]

Capt Nik,

 

Thank you for your story. This is ridiculous, hundreds of millions of ringgits for both aircraft --> and MH can't get them back. How can the government condone wastage of such huge sums of money. Incredible.

 

i am speechless

[flee 5]

The problem with this country is that even if Capt Nik made a police report, we may not see an outcome that we would normally see. Sad.

[JuliusWong 0]

What a shocking story!

 

The ground and inflight crews work tirelessly, day and night to bring MH up again, but the management really screwed them up greatly. What a pity~~~ really!!!

 

And 9M-MPD should stay in Hibiscus livery since Day 1!!(although I know the previous management hated it to guts!)

[Cheng Long 0]

Those rotten apples should be named and sacked with no renumerations. The money saved on these guys should be used to improve inflight services. So to turn around MH is easy, the problem is that they are usually connected to some powerful and shrewd politicians.

[jit 0]

Those rotten apples should be named and sacked with no renumerations. The money saved on these guys should be used to improve inflight services. So to turn around MH is easy, the problem is that they are usually connected to some powerful and shrewd politicians.

 

sacked??.. if you read properly, I think those 'rotten apples' probably got a promotion!!

[Nik H. 3]

There are some minor inaccuracies in some of YB Wee's response regarding the issue of Cabin Crew payments, but in essence, he is making a lot of sense, and he has requested MOT to respond further and elaborate on a few more issues.

 

Strangely, none of the mainstream newspapers picked this up.

 

We will wait and see.

 

From YB Wee's Blog;

 

3-11-2011

 

Y.B. TUAN WEE CHOO KEONG [WANGSA MAJU] minta MENTERI KEWANGAN menyatakan: -

 

(a) apakah usaha due diligence yang diambil oleh Penerbangan Malaysia Bhd (PMB) /MAS, sebelum memasuki rundingan untuk pajakan tiga buah jet bagi Alwafeer Air (Alwafeer) dan adakah kesemua tiga perjanjian pajakan telah dilaksanakan dengan serta-merta dan sekiranya ya, bilakah tarikh bagi perjanjian pajakan tersebut; dan

 

( sila senaraikan tarikh yang tepat bagi setiap pesawat Jumbo yang diserahkan kepada Alwafeer dan tarikh akhir sewaan yang akan dibayar oleh Alwaafeer bagi setiap pesawat dan berapakah jumlah bayaran sewaan yang tertunggak oleh Alwafeer Air kepada PMB/MAS.

 

JAWAPAN:

 

Tuan Yang di-Pertua,

1.

Untuk makluman Yang Berhormat, Penerbangan Malaysia Bhd (PMB) dan Malaysian Airline System (MAS) telah melaksanakan kajian terperinci (due diligence) yang merangkumi aspek perundangan dan pelan perniagaan sebelum tiga buah pesawat miliknya dipajak kepada Alwafeer Air (Alwafeer). Kajian tersebut telah dilaksanakan di peringkat dalaman syarikat.

 

2.

Perjanjian tersebut memberi peluang kepada MAS dan PMB untuk meraih pendapatan melalui pajakan tiga buah pesawat yang merupakan lebihan daripada keperluan sebenar MAS. Selain daripada itu, MAS turut mendapat perolehan sampingan dalam bentuk perkhidmatan kejuruteraan yang ditawarkan serta dapat memaksimumkan penggunaan alat ganti dan kakitangannya. MAS dan PMB telah menerima sejumlah RM79.35 juta dalam bentuk tunai daripada Alwafeer bagi perjanjian pajakan tersebut.

 

3.

Perjanjian pajakan bagi tiga buah pesawat tersebut telah ditandatangani masing-masing pada 16 Ogos 2009, 20 Oktober 2009 dan 2 November 2009, dengan penyerahan pesawat kepada Alwafeer masing-masing dibuat pada 19 Ogos 2009, 21 Oktober 2009 dan 2 November 2009. Ketiga-tiga perjanjian tersebut akan tamat pada ulang tahun keenam perjanjian iaitu pada tahun 2015.

 

4.

Tarikh terakhir Alwafeer membuat pembayaran sewa bagi pesawat-pesawat tersebut adalah pada 11 November 2010, dan sehingga 31 Ogos 2011, tungukan bayaran sewa kepada PMB adalah sebanyak USD19.5 juta. PMB dan MAS telah pun menghantar notis tuntutan kepada Alwafeer dan kini dalam proses untuk menamatkan kontrak pajakan tersebut. Ketiga-tiga pesawat tersebut kini telah pun berada dalam simpanan PMB.

 

 

NOTA:

 

Jika MAS/PMB telah melakukan “due diligence” sebelum ia menandatangani perjanjian pajakan dengan Alwafeer Air, MAS/PMB tidak akan menghadapi masalah untuk mengutip sewa bulanan bagi ketiga-tiga pesawat tersebut.

 

Pembelian pesawat melebihi kerperluan menunjukkan pengurusan MAS dan Khazanah tidak tahu apa yang mereka lakukan atau mampu untuk mengurus MAS.

 

Daripada jawapan yang diberikan oleh YAB Menteri Kewangan, telah menunjukkan bahawa sewa pajakan yang tertunggak adalah untuk tempoh 10 bulan (dari 11-11-2010 hingga 31-8-2011) berjumlah US$19.5 juta (lebih kurang RM60 juta). Soal pentingnya adalah, MENGAPA TIADA SEBARANG TINDAKAN DIAMBIL TERHADAP PIHAK ALWAFEER AIR PADA BULAN NOVEMBER, DISEMBER 2010 ATAU JANUARI 2011? SEBAGAI RAKYAT KAMI MENGHARAPKAN SEKURANG-KURANGNYA PIHAK MAS/PMB TELAH MENGAMBIL TINDAKAN UNTUK MENDAPAT KEMBALI KETIGA-TIGA PESAWAT TERSEBUT SELEPAS ALWAFEER AIR TIDAK MEMBUAT BAYARAN UNTUK SEWA PAJAKAN BAGI DUA HINGGA TIGA BULAN. TETAPI MAS/PMB TELAH GAGAL UNTUK BERBUAT DEMIKIAN TETAPI SEBALIKNYA IA MEMBIARKAN KEADAAN INI BERTERUSAN SEHINGGA BULAN OGOS 2011.

 

Berani saya menyatakan disini bahawa maklumat tidak tepat kerana usaha-usaha untuk mengambil balik pesawat terakhir telah HANYA dimulakan pada bulan Oktober 2011 selepas saya membentangkan soalan ini di Parlimen. Pesawat terakhir baru diambil balik pada akhir bulan Oktober 2011. Saya percaya jika tiada soalan dibentangkan di Parlimen, pegawai MAS, PNM dan Khazanah dibawah kawalan Tan Sri Azman Mokhtar masih tidak sedar akan keadaan ini. Inilah masalah tunggal MAS yang mengalami kerugian yang begitu besar.

 

Inilah satu contoh KEBOCORAN (LEAKAGE) ternyata di dalam pengurusan tertinggi MAS. Kalaulah KEBOCORAN sedemikian dapat dihentikan maka MAS telah berjaya meraih keuntungan RM100 juta tanpa mengerakkan pesawtnya! Dengan ini, saya berharap Kerajaan akan menumbuhkan satu Suruhanjaya Di Raja untuk menyiasat secara mendalam KEBOCORAN-KEBOCORAN di dalam pengurusan MAS dan sekaligus menghentikan KEBOCORAN tersebut.

 

Jika tidak, KEBOCORAN ini akan berterusan tidak kira berapa ramai ”CLOWN/PUPPET/CON-SULTANTS dari Bina Tak Fikir atau Fikir” untuk kononnya menyelamatkan MAS sebaliknya mereka AKAN MENGHEMPASKAN MAS dalam masa yang terdekat.

 

Saya percaya bahawa jumlah tunggakkan sebanyak RM60 juta BUKAN jumlah tunggakkan sebenarnya kerana jawapan tersebut tidak merangkumi tunggakkan kos dalam “BENTUK PERKHIDMATAN KEJURUTERAAN DAN ALAT-ALAT GANTI SERTA GAJI UNTUK JURUTERA-JURUTERA MAS YANG DIHANTAR KE ARAB SAUDI UNTUK MEMBERI PERKHIDMATAN”. JIKA DIAMBIL KIRA TUNGGAKKAN UNTUK KOS TUNGGAKAN INI, SAYA YAKIN BAHAWA JUMLAH TUNGGAKKAN SEBENARNYA ADALAH MELEBIHI RM100 JUTA!

 

 

Saya percaya bahawa tunggakkan sewa berjumlah RM60 juta atau melebihi RM100 juta telah menjadi hagus atau “bad debt” yang telah diakibatkan oleh KEBOCORAN dalam pengurusan MAS. Saya menyatakan sedemikian kerana Alwafeer Air sudah tiada pesawat lagi untuk dioperasikan.

 

Tambahan pula terdapat ramai juruterbang serta pramugari MAS yang di”seconded” atau memilih untuk berkerja dengan Alwafeer Air yang tidak dibayar gaji sejak akhir tahun 2010. Masih terdapat ramai pramugari warga Malaysia yang berkerja di situ menunggu untuk dibayar tunggakkan gaji hingga kini. Mereka menjadi mangsa kerana Perjanjian Pajakan ini. Saya dimaklumkan bahawa sesetengah daripada pramugari tersebut terpaksa berkerja “PART TIME” waktu MALAM. Saya amat berharap Wisma Putera akan mengambil tindakan sewajarnya dengan serta-merta untuk membantu pramugari-pramugari malang tersebut supaya mereka tidak perlu meneruskan kerja “PART TIME” yang tidak boleh diterima oleh masyarakat kita.

 

Saya berharap YB Menteri Pengangkutan bersedia pada Isnin akan datang (7-11-2011) untuk memberi penjelasan yang terperinci terhadap soalan-soalan di atas khasnya KEBAJIKAN PRAMUGARI MALANG TERSEBUT.