Totally agree with BlankBox,
Govt has to find a way to save it - not just the loss of ownership and 'face' but all the externalities into which the govt is interconnected Say MH goes down, Yes AirAsiaX might pick up some share, but other transfer pax on say the Kangaroo route (and many others) will go to Singapore, Thailand, HK etc.... Now this greatly impacts stopover traffic: - Spend in shops = tax revenue & employment - Tourism spend = tax revenue & employment - Hotel spend = tax revenue & employment Plus the direct impact on other Govt owned entities like MAHB (airports operator) and the Airport train |
Whether Malaysian survives or not, it would appear that currently the Qantas Group is too inept to take advantage of a huge commercial opportunity.
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