Great thread; had the the pleasure of meeting some one who has just come back POM who had quite an insight into life at PX.
Look guys most do not see how dificult to run an airline. Everybody talks like they are capable of being CEO but none has sat in the chair. contrary to a few posts, PX made money last year!! Auditor General confirmed it. PX is now profitable and and have a good future. If not for fuel cost saga where PX ABSORPED K55m FROM Jan to Sep 08, and K120M from Sep. 2005 PX may have made biggest profits in its history. This wasn't done by sitting in the bar at the yaught club....
PX's last 767 lease did not have options at least for twelve months to exercise. Lessor wanted five years forward or return. What is the answer!!!! take it and return in two years with a Big penaltywhen it is 100000 hours on the frame !!Ha ha!!! or take the hard decision and take the airline forward. PX have been burned before by the A310 return some years ago that cost millions and millions!!! now PX has a B767 with several options as it goes forward.
Regarding the E145 guys be aware that PX is taking the editor of the letter that Guria and Sharpie were refering to court on the comments!!! The E145 is only interim until F100 come out of heavy checks. two done and one more to go this year... two more checks next year
KL route is purely commercial, why take a third SIN run when KL offers three years free of charge landing, six months office space and lowest cost fuel in asia. All incentives to PX and its employees and not to directors.
Seems like it is an extremely tough environment out there and the country has an Airline that is healthy where many global carriers of a similar size are not?