Suzanne Goh 0 Report post Posted September 11, 2014 Aviation price war ending as airlines tired of losing money, says Tony Fernandes http://www.themalaysianinsider.com/malaysia/article/aviation-price-war-ending-as-airlines-tired-of-losing-money-says-tony-ferna Awh, please don't let the good times be coming to an end ! All the armchair airline CEOs now sure complain. Can't please everyone leh Share this post Link to post Share on other sites
Johan Z 0 Report post Posted September 11, 2014 Malaysia has the cheapest fare per km, second only to India. Share this post Link to post Share on other sites
Mushrif A 3 Report post Posted September 11, 2014 Last yr I paid RM50 all in for KUL-SDK one-way on MH. It wasn't a mistake fare, so you do the math... on the fare paid (RM41, after removing the airport tax) per km. Share this post Link to post Share on other sites
BC Tam 2 Report post Posted September 15, 2014 Malaysia Airlines extends Ahmad Jauhari’s contract for another year http://www.themalaysianinsider.com/malaysia/article/malaysia-airlines-extends-ahmad-jauharis-contract-for-another-year#sthash.Ho13aF7G.dpuf So, they retaining him to bear full brunt of staff discontentment on retrenchment/reassignment exercise ? Share this post Link to post Share on other sites
Raymund Yeoh 1 Report post Posted September 16, 2014 The contracts needs to go first in my opinion......... Share this post Link to post Share on other sites
kandiah k 0 Report post Posted September 29, 2014 Does anyone know when MH will come up with the details of the restructuring? I heard some rumour today that MH will terminate IST, AKL and AMS in the near future. Anyone can confirm it? Share this post Link to post Share on other sites
Mohd Azizul Ramli 2 Report post Posted October 3, 2014 Finally a news. A new CRO and CFO are appointed. http://www.themalaysianinsider.com/business/article/mas-appoints-restructuring-financial-officers CRO = Chief Restructuring Officer CFO = Chief Financial Officer Share this post Link to post Share on other sites
BC Tam 2 Report post Posted October 3, 2014 Chief Restructuring Officer - so, this restructuring function going to be perpetual ? Share this post Link to post Share on other sites
Amirul Mazlan 0 Report post Posted October 4, 2014 Khazanah is so good at creating more high income jobs. They stay true to PM's vision of high income nation by bringing in highly paid individuals whilst letting go thousands in sub 10k ringgit salary range Share this post Link to post Share on other sites
flee 5 Report post Posted October 7, 2014 Irish airlines outgoing chief tipped to lead MAS Outgoing Aer Lingus chief executive officer Christoph Muller is tipped to lead loss-making Malaysia Airlines (MAS) after its latest restructuring, sources say. See more at: http://www.themalaysianinsider.com/malaysia/article/irish-airlines-outgoing-chief-tipped-to-lead-mas Share this post Link to post Share on other sites
Mohd Azizul Ramli 2 Report post Posted October 7, 2014 Malaysia Airlines extends Ahmad Jauhari’s contract for another year http://www.themalaysianinsider.com/malaysia/article/malaysia-airlines-extends-ahmad-jauharis-contract-for-another-year#sthash.Ho13aF7G.dpuf So, they retaining him to bear full brunt of staff discontentment on retrenchment/reassignment exercise ? Finally a news. A new CRO and CFO are appointed. http://www.themalaysianinsider.com/business/article/mas-appoints-restructuring-financial-officers CRO = Chief Restructuring Officer CFO = Chief Financial Officer Irish airlines outgoing chief tipped to lead MAS Outgoing Aer Lingus chief executive officer Christoph Muller is tipped to lead loss-making Malaysia Airlines (MAS) after its latest restructuring, sources say. See more at: http://www.themalaysianinsider.com/malaysia/article/irish-airlines-outgoing-chief-tipped-to-lead-mas Not sure of the arrangement. It is a sinking ship and there is at least 3 captains - the old CEO, the CRO and the new Irish CEO. So who is actually the one in charged here? Does the CRO reporting to the new CEO? Or the new CEO is reporting to the CRO? And just imagine the overlapping in the job scope that will happen. And in the most cliche and typical Malaysian aviation journo tingtong: But, did not say where he would go next. Both Aer Lingus and MAS are part of the Oneworld alliance. "Mr Muller is the one for the job," a source told The Malaysian Insider. 1 word. Hello? Share this post Link to post Share on other sites
Chris Tan 0 Report post Posted October 7, 2014 Doesn't take much to be an "aviation analyst" these days Share this post Link to post Share on other sites
Syukri 0 Report post Posted October 7, 2014 Wow...never thought what AerLingus has been doing all this years is a 'success'.. Share this post Link to post Share on other sites
Timothy 1 Report post Posted October 7, 2014 It is a sinking ship and there is at least 3 captains - the old CEO, the CRO and the new Irish CEO. So who is actually the one in charged here? Does the CRO reporting to the new CEO? Or the new CEO is reporting to the CRO? And just imagine the overlapping in the job scope that will happen. How about the Admirals & Captains at Khazanah ? Not forgetting if "MAS Act" passes, then we may be blessed with a Minister or three to ensure everything runs smoothly Share this post Link to post Share on other sites
KK Lee 5 Report post Posted October 7, 2014 CEO needs his team to execute his plan, for sure union will the first to complain. If no rumbling from union mean this is purely rumour. Share this post Link to post Share on other sites
leon t 0 Report post Posted October 8, 2014 anyways doubt Khazanah can be able to turnaround MAS in 3 to 4 years time even if at all. So far it says it identifies a few areas of weaknesses and issues but then again why didn't they find these or do something about it back in 2007 - or for that matter all along since then as they have been owning MH at 70% since then and were suppose to turn MH around all these time?? Now the main thing so far is that they come up with a new posts and change the people at the top ie the CEO and the CFO. Do one think that really Khanzanah can even pull this restructuring off and turn MAS into a little profitable airline not just for a year or two of profitability but sustain it. Already with the impending Asean Open Sky policy, it will even be more difficult for MAS to compete - unless the government protects MAS and the open sky policy. Share this post Link to post Share on other sites
JuliusWong 0 Report post Posted October 8, 2014 (edited) Christoph Mueller is a strong, no nonsense leader. If he does becomes MH CEO, he will take the MAS union head on. Aer Lingus realigned its business strategy to hybrid model, resisted Ryanair third takeover bid under him, expanded long haul destinations, did Virgin Atlantic wet lease agreement, started Aer Lingus Regional and recorded profits under his leadership. Most importantly, he improved the cost base by large margin, something MH can only dream of. Edited October 8, 2014 by JuliusWong Share this post Link to post Share on other sites
affendi osman 0 Report post Posted October 8, 2014 (edited) after getting this on my recent MH flight.....my verdict is"lantaklah apa nak jadi dengan MAS.....nak lingkup pun lingkup lahhhh" Edited October 8, 2014 by affendi osman Share this post Link to post Share on other sites
Alif A. F. 0 Report post Posted October 8, 2014 Next time, we should make the sandwich ourselves and bring it onboard. Share this post Link to post Share on other sites
Waiping 12 Report post Posted October 8, 2014 Then what's the point of flying FSC? Share this post Link to post Share on other sites
zamim 0 Report post Posted October 8, 2014 CEO needs his team to execute his plan, for sure union will the first to complain. If no rumbling from union mean this is purely rumour. KK Lee, correct me if I'm wrong as I believe you are not from MAS. You have no idea about MAS Unions or Associations. These Unions and Associations are not strong but the Management is very very weak and lack in leadership. The management is also clueless where to take MAS; FSC or LCC or in between. Increase fare or reduce fare. To increase load factor or yield. But one thing for sure the management keep expanding management post by hiring people externally at high salary. anyways doubt Khazanah can be able to turnaround MAS in 3 to 4 years time even if at all. So far it says it identifies a few areas of weaknesses and issues but then again why didn't they find these or do something about it back in 2007 - or for that matter all along since then as they have been owning MH at 70% since then and were suppose to turn MH around all these time?? Now the main thing so far is that they come up with a new posts and change the people at the top ie the CEO and the CFO. Do one think that really Khanzanah can even pull this restructuring off and turn MAS into a little profitable airline not just for a year or two of profitability but sustain it. Already with the impending Asean Open Sky policy, it will even be more difficult for MAS to compete - unless the government protects MAS and the open sky policy. Actually who messed up MAS. Khazanah, since 2001 MAS has lost 8.4 billion ringgit and nobody wanted to do anything? Either the people who run Khazanah are so stupid or they some some hidden agenda. Remember they failed on CCF with AK and people blamed the Unions. If the government really wanted it done, it would have been done. When the government ever listen to The trade unions? Share this post Link to post Share on other sites
KK Lee 5 Report post Posted October 8, 2014 KK Lee, correct me if I'm wrong as I believe you are not from MAS. You have no idea about MAS Unions or Associations. These Unions and Associations are not strong but the Management is very very weak and lack in leadership. The management is also clueless where to take MAS; FSC or LCC or in between. Increase fare or reduce fare. To increase load factor or yield. But one thing for sure the management keep expanding management post by hiring people externally at high salary. I don't work for MAS but have heard gossips from friends in senior position. Hence if you traced back my posts will find I am critical of Mas management for many years. Share this post Link to post Share on other sites
Mohd Azizul Ramli 2 Report post Posted October 8, 2014 Christoph Mueller is a strong, no nonsense leader. If he does becomes MH CEO, he will take the MAS union head on. Aer Lingus realigned its business strategy to hybrid model, resisted Ryanair third takeover bid under him, expanded long haul destinations, did Virgin Atlantic wet lease agreement, started Aer Lingus Regional and recorded profits under his leadership. Most importantly, he improved the cost base by large margin, something MH can only dream of. I expect Christoph Muller is no less than this. He needs to be like that to counter all the MAS union, Malaysian politicians, Khanazah people etc who will be meddling. Share this post Link to post Share on other sites
Cire 0 Report post Posted October 9, 2014 Hiring outsiders is a good move, as we expect this person to have a total fresh perspective about MAS and the government's affairs in between them. He will be able to point out faults faster but not necessary be able to rectify it with immediate results. MAS is still every much an extended hand of the government, and when it involved trimming of workers and cronies, the issue can be quite tricky to tackle. Now the question is, how much leeway will Khazanah or the government for that matter, to give when it comes to such issues? Am sorry but at the moment, there isn't anyone in the government's closet to choose from that can take over the Captain's cap in MAS at the moment. Share this post Link to post Share on other sites
kandiah k 0 Report post Posted October 9, 2014 If it's a local, he/she might be a puppet or a conniving person Share this post Link to post Share on other sites