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Mohd Suhaimi Fariz

MAS Privatisation

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Isnt QF itself interested to make a JV with MH prior to joining OneWorld, establishing premium short haul airlines with A320 fleet and build up the 2nd satellite terminal but was setback due to the share swap thingy with AK? :unknw:

 

Would QF want to have another round to talk about it? :ph34r:

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Isnt QF itself interested to make a JV with MH prior to joining OneWorld, establishing premium short haul airlines with A320 fleet and build up the 2nd satellite terminal but was setback due to the share swap thingy with AK? :unknw:

 

Would QF want to have another round to talk about it? :ph34r:

The time has passed - opportunity vanished. Malindo has filled that space in the market.

MH is a shadow of its old self. It no longer has a long haul network. Its regional network is rudimentary. If any western airline wishes to take a stake in MH, it would have to be pretty weak in Asia.

 

On the opposite side of the coin, what value will an airline partner bring to MH? The Malaysian market is not a strong one with regards to the European and North American market. It is only strongish in North Asia. So what else can a partner bring to MH to help it strengthen its North Asia market?

 

Like Proton, if MH is going to have an airline partner, it will probably be from China. Hainan Group?

Edited by flee

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I m not surprised if it's a Chinese based airline considering our growing relationship with China.

 

China to the rescue, again.

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If this is going ahead, in my opinion, the top 2 candidates are:

 

1. IAG (parent of Irish flag carrier Aer Lingus and parent of fellow oneworld airline partners British Airways and Iberia)

2. Etihad

 

I hope it materialises and Enrich is replaced with Avios.

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Dont think Etihad wanna do another try at investing in a troubled carrier. Alitalia and AirBerlin almost pulled them together into bankcruptcy graveyard. And they still need to deal with Jet Airways and Virgin Australia.

 

My take will be one of the Chinese carrier or IAG.

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doubt at tis time any ME3 carriers would want to take up a substantial stake in MAB as they could easily have direct routes from ME to any regional SEA countries which most of them fies to presently. Even for China, not sure if any mainland airlines would want to jv with MAB as they too are flying into most Asean countres,unless they are persuaded into.

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Believe MH current head count is as lean as it could be and operation is still negative. Given their future plan, believe MH top management and Khazanah admit it will be difficult for MH to be or remain profitable in the long term.

 

MH is neither profitable or a strategic asset, given current Chinese investment policy, unless Khazanah is to swap MH stocks with Comac C919, it will be a surprise if Chinese airline make a offer.

 

As for private investors, most if not all will insists the gomen to bundle with grants, profit guarantee or undertaking like Proton.

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Malaysia Airlines mulls stake sale to another carrier

 

KUALA LUMPUR: Malaysia Airlines Bhd is exploring the option of having another airline on board by selling a strategic stake in the national carrier, among other measures, before its listing exercise that is slated to take place in 2019, according to its chief executive officer (CEO) Peter Bellew.

 

“It’s the trend these days; that’s what’s happening. Other airlines, they take a portion of somebody else, get really close [working] together … what it does is it generally lifts overall value, and you have other commercial operation opportunities, maybe you can have joint purchasing, maybe you cooperate on aircraft, you have the same product line, that’s the trend where the industry is going, and it makes a lot of sense.

 

‘‘It allows for balanced growth. If you look around the world, a lot don’t have partners in Southeast Asia,’’ he said on the side lines of a media visit to Airbus in Toulouse.
Bellew, however, was quick to add that negotiations towards this end have yet to commence. He cited Delta Airlines buying into Virgin Atlantic, who worked in a cross-shareholding with Air France-KLM, as a business model that he was looking at.
More here:

And a small update on the new Haj charter airline:

 

 

 

It seems currently, there isn't any on going discussion with any potential investor or airline. A380 KUL-LHR is bleeding, that's why PB wanted to get rid of them.

Edited by KK Lee

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Believe MH current head count is as lean as it could be and operation is still negative. Given their future plan, believe MH top management and Khazanah admit it will be difficult for MH to be or remain profitable in the long term.

 

MH is neither profitable or a strategic asset, given current Chinese investment policy, unless Khazanah is to swap MH stocks with Comac C919, it will be a surprise if Chinese airline make a offer.

 

As for private investors, most if not all will insists the gomen to bundle with grants, profit guarantee or undertaking like Proton.

 

Not if the interest came out of Hong Kong Airlines - using HK Investment policy.

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Not if the interest came out of Hong Kong Airlines - using HK Investment policy.

Technically is possible but few Chinese executives not fearing visit from cpc Central commission for discipline inspection. Edited by KK Lee

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MAB Privatisation can only go through if the government and or its agencies really keep their hands off and not have a hand or intervene in the airline. Just like when PM recently visited the US and Boeing and thereafter MAB "will consider" the 787.

MAB must be run independently of government and none of its political agendas.

Edited by leon t

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MAB Privatisation can only go through if the government and or its agencies really keep their hands off and not have a hand or intervene in the airline. Just like when PM recently visited the US and Boeing and thereafter MAB "will consider" the 787.

MAB must be run independently of government and none of its political agendas.

 

The 787 has always been in consideration for ages.

 

Ages...

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Malaysia Airlines mulls stake sale to another carrier

 

KUALA LUMPUR: Malaysia Airlines Bhd is exploring the option of having another airline on board by selling a strategic stake in the national carrier, among other measures, before its listing exercise that is slated to take place in 2019, according to its chief executive officer (CEO) Peter Bellew.

 

“It’s the trend these days; that’s what’s happening. Other airlines, they take a portion of somebody else, get really close [working] together … what it does is it generally lifts overall value, and you have other commercial operation opportunities, maybe you can have joint purchasing, maybe you cooperate on aircraft, you have the same product line, that’s the trend where the industry is going, and it makes a lot of sense.

 

‘‘It allows for balanced growth. If you look around the world, a lot don’t have partners in Southeast Asia,’’ he said on the side lines of a media visit to Airbus in Toulouse.
Bellew, however, was quick to add that negotiations towards this end have yet to commence. He cited Delta Airlines buying into Virgin Atlantic, who worked in a cross-shareholding with Air France-KLM, as a business model that he was looking at.
More here:

And a small update on the new Haj charter airline:

 

 

Did Bellew says this because he will be likely leaving MAB?

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Technically is possible but few Chinese executives not fearing visit from cpc Central commission for discipline inspection.beissurp

 

 

You are only referring to those corrupted individuals when big companies like Hainan or HK Airlines or the likes went overseas to buy a company, of course, it is not on their own account. Look at how China is buying up assets and businesses in Australia, Volvo, and the likes.

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You are only referring to those corrupted individuals when big companies like Hainan or HK Airlines or the likes went overseas to buy a company, of course, it is not on their own account. Look at how China is buying up assets and businesses in Australia, Volvo, and the likes.

Except residential property, most if not all China overseas acquisition were made by companies. Volvo and many of foreign assets were bought before current policy is in placed. Edited by KK Lee

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Things are getting incredible :rolleyes:

 

BN lawmaker: Give MAS exclusive rights at KLIA instead of bailout

from: https://www.malaysiakini.com/news/401099#oBxZ0Yx9RL7eKxKv.99

:fool:

 

 

It's no point even to give MAS exclusive when MAS itselfhave not been able to able to clean itself up and get down to real productivity growth. It's just like further subsiding MAS and it would make MAS more harder to push itself back. I do not agree with what the MP said about S'pore Changi as do remember clearly even the then LKY have said that Changi airport itself must be placed ahead of SIA and not grant SIA any exclusivity. This is because Changi is a major hub and as a hub it benefits S'pore and any other airlines which brings in tourists and revenue and but if it just benefit SIA, then it's only one airline which cannot accounts for the success of Changi as a hub.

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Except residential property, most if not all China overseas acquisition were made by companies. Volvo and many of foreign assets were bought before current policy is in placed.

 

I beg to differ.

 

Volvo gets ready for takeoff as parent company buys flying car firm Terrafugia

 

Read more: http://www.dailymail.co.uk/sciencetech/article-4668768/Volvo-parent-company-buys-flying-car-firm-Terrafugia.html#ixzz4yNSOe1DM

Follow us: @MailOnline on Twitter | DailyMail on Facebook

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Fixing MAS structurally

 

Can the new CEO do what the earlier two could not?

 

 

" Interestingly, everyone he meets these days says “we are here to support you”. While he finds solace in their words, he has told them to stop saying that. “Instead, go back to your unit and do something. I have set the direction and strategy, work on it as we have to deliver results.”

These are strong words coming from a soft-spoken man, but he is not mincing his words. “I am watching you, I am referring to the non-performers, and in 100 days if you get a letter from me, that means you are not helping MAS deliver on its promise. If you cannot be part of the team, then you will have to leave,” he says. "

Well, politics role played here. Hope he can perform well.

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Every new incoming CEO will always say and pledged to turn things around and to return to profitability. The current new CEO, CPT Ismail who have been with MAS for 38 years may find it perhaps more challenging as he has been in and with the system for so many years. Generally it takes a outsider to be able to see things in a clearer and objective perspective. But let's give him a chance and see how it will pen out. But with MAB still holding on and unable to do anything with its 6 A380s, it will be financially heavy on MAB to service the lease payments of these planes idling on the ground or flying min hours.

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Traditionally, glc operate under privilege environment, few are exposed to level playing field or even consider to venture outside the comfort zone.

 

Last management scarified long term commitment for short term gain e.g tech crew shortage, etc.

 

Doubt mab could produce sustainable positive results in the next few years.

Edited by KK Lee

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