Well, the price war at least shows some true colours.
The today local malaysian newspaper I saw there was a Mr. Tony F. saying that the recent MAS initiative was threatining his airline with demise.
There was no level playing field and MAS was now competing with him.
I had to read it two times but it was there, his airline could be in demise.
And we all thought they were invincible.
Here is the stock price of today. Have a look and you may conclude that investors are leaving the ship. RM. 1.16 is USD. 0.36? It is called penny stock I believe.
Disclaimer, i dont want any airline to go under, and AK has given a lot of pilots a job. That you have to give the man, but when things going south, one should not blame the competition cause you started it.
regards
E.B.