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Minister Admits Tabung Haji Has Equity In AirAsia

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Interesting, TH in AirAsia? The religious scholars must be impressed with Tony. ;)

 

So Air Asia is a halal counter. Malaysian Airlines is not.

[Ref: http://www.sc.com.my/eng/html/icm/sas/syariahapr2006.pdf ]

 

.ny

 

+++

 

May 31, 2006 06:49 AM

 

Minister Admits Tabung Haji Has Equity In AirAsia

 

KUALA LUMPUR, May 31 (Bernama) -- Minister in the Prime Minister's Department Datuk Dr Abdullah Md Zain on Tuesday admitted that the Pilgrimage Fund Board (TH) has equity in the budget airline, Air Asia Berhad.

 

He said the investment in the airline was the second largest after the plantation sector with overall TH investment standing at RM13 billion.

 

He said the investment was made after seeking views from the TH investment panel comprising investment experts and approval from the TH Board of Directors.

 

"After both parties had agreed and there were no reservation raised, the proposal was then brought to me for approval," he said when winding up the debate on the Ninth Malaysia Plan (9MP) for the Prime Minister's Department at the Dewan Negara sitting.

 

Abdullah said the TH investment in the airline was made taking into consideration the profit factor.

 

-- BERNAMA

http://www.bernama.com.my/bernama/v3/news_lite.php?id=200880

 

 

ALSO:

 

May 30, 2006 20:22 PM

 

AirAsia Reports Lower Profit In Third Quarter

 

KUALA LUMPUR, May 30 (Bernama) -- Lower average fares arising from its aggressive promotions have, among others, contributed to AirAsia Bhd's lower third-quarter profitability.

 

The low-cost carrier registered a pre-tax profit of RM23.430 million for its third quarter ended March 31, 2006, from RM42.947 million in the same quarter last year on a bigger revenue of RM201.681 million against RM163.911 million previously.

 

It cited competitive pressures and heavy maintenance checks due to the induction of the last batch of Boeing 737 aircraft as the other contributing factors to the drop.

 

Average fare has decreased from RM156 to RM123 during the quarter and as a result, revenue decreased by 11 percent whereas the load factor improved 4.0 percent, AirAsia said in a statement Tuesday.

 

On a cumulative nine-month period, pre-tax profit stood at RM89.353 million from RM99.294 million on revenues of RM613.883 million and RM466.742 million respectively.

...

[read more here: http://www.bernama.com.my/bernama/v3/news_lite.php?id=200816 ]

Edited by naim

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Hmm...:)

 

Abdullah said the TH investment in the airline was made taking into consideration the profit factor.

 

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Hmm...:)

 

Anybody wanna bet who gets to carry the pilgrims to the holy land for hajj? :blink:

 

.ny

 

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Anybody wanna bet who gets to carry the pilgrims to the holy land for hajj? :blink:

 

.ny

 

Transmile, Air Asia and MAS all has done the Hajj flight for Tabung Haji. It is a matter of who can can organize better, as the aircraft will have to be wet-leased anyway. MH got an advantage as it can use its own aircraft as backup or additional.

 

As for the halal counter, yes it is the alcohol that makes MAS ineligible. =@

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AK may not serve alcohol, but those skimpy red skirts aren't particularly "halal" to wear either haha :rolleyes:

Edited by Keno Omar

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maybe they should allow FA's to wear pants... :)

 

They used to..... during the "blue" Air Asia.

 

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Wearing pants itself is not enough. To be truly halal... the women FA must cover their heads also... meaning must wear the 'tudung'... For that, maybe only Suadia is a truly halal airline.

 

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For that, maybe only Suadia is a truly halal airline.

 

Dont forget, to be a "halal" airline...the employees should also possess the appropriate 'akhlak'. Something most Saudia crew dont possess...at least those I've seen patronizing bars, pubs, strip joints and 'massage parlours' on their layovers.

 

 

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Wow Imran, you do set some seriously rigorous standards (by any standard !) :D

 

Incidentally, would this :drinks: render this thread 'haram' already ?! ;)

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Wearing pants itself is not enough. To be truly halal... the women FA must cover their heads also... meaning must wear the 'tudung'... For that, maybe only Suadia is a truly halal airline.

 

Fitri,

 

Cover their head, like IR female f/a ? or is it sufficient like BI, GF or QR for that matter ?

 

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