Asian and Oceania carriers up to something?
Thread Starter
Join Date: Jul 2007
Location: Asia
Age: 67
Posts: 63
Likes: 0
Received 0 Likes
on
0 Posts
Asian and Oceania carriers up to something?
Report from the Star :
MAS pursues strategic partnerships with several airlines
PETALING JAYA: Malaysia Airlines is pursuing strategic partnerships with a number of airlines but did not give a hint if a merger with Qantas is a possibility.
“We are in talks with a number of airlines on collaboration and creating synergies for growth. This ranges from joint ventures and code shares to interlining partnerships,’’ its managing director and chief executive officer Datuk Seri Idris Jala said in a statement yesterday.
He added that “for example, we have signed a memorandum of understanding with Qantas on joint venture on maintenance repair and overhaul.’’
The Sydney Morning Herald reported yesterday that MAS and Qantas had held merger discussions earlier this year but talks were suspended because the parties could not agree on merger ratio and governance issues.
The newspaper also said Qantas had confirmed it was currently in merger talks with British Airways and had committed itself to forging a tie-up with a foreign carrier even if its planned merger with British Airways failed.
MAS pursues strategic partnerships with several airlines
PETALING JAYA: Malaysia Airlines is pursuing strategic partnerships with a number of airlines but did not give a hint if a merger with Qantas is a possibility.
“We are in talks with a number of airlines on collaboration and creating synergies for growth. This ranges from joint ventures and code shares to interlining partnerships,’’ its managing director and chief executive officer Datuk Seri Idris Jala said in a statement yesterday.
He added that “for example, we have signed a memorandum of understanding with Qantas on joint venture on maintenance repair and overhaul.’’
The Sydney Morning Herald reported yesterday that MAS and Qantas had held merger discussions earlier this year but talks were suspended because the parties could not agree on merger ratio and governance issues.
The newspaper also said Qantas had confirmed it was currently in merger talks with British Airways and had committed itself to forging a tie-up with a foreign carrier even if its planned merger with British Airways failed.
Join Date: Jun 2003
Location: Belgium
Posts: 81
Likes: 0
Received 0 Likes
on
0 Posts
AirAsia boss Fernandez eyes Singapore Airlines
AirAsia boss Fernandez eyes Singapore Airlines
Posted: 10:31a.m. IST, December 5, 2008
Kuala Lumpur, Dec 5 (IANS) Malaysian budget airline AirAsia's ethnic Indian boss Tony Fernandez has said his long-term goal is to one day 'take over' Singapore Airlines (SIA), the national airline of the neighbouring city state.
The maverick entrepreneur revealed his company's ambitions at the end of a slide presentation at an event where he was conferred an award by Deputy Prime Minister Najib Tun Razak Thursday.
To the amazement of those present, he showed two pictures - one of aircraft livery and the other of AirAsia's new uniform for its stewardesses. He told his audience that he would name his new company Singapore AirAsia, The Sun newspaper reported Friday.
Fernandez kept the audience in stitches throughout his one-hour presentation, ending it with the remark: 'And this is the uniform the stewardesses on board Singapore AirAsia will wear.' He pointed to a picture of a smiling woman wearing a combination of the famous SIA baju kebaya and striking red AirAsia skirt.
While many in the audience laughed it off, aviation industry observers said it was a signal from Fernandez following news reports of Malaysia Airlines being in talks for a strategic alliance with British Airways and Qantas.
A Malaysian news portal said that owing to global economic pressures, the airline industry was going through a consolidation period, with talks of mergers, acquisitions and bankruptcies dominating the business pages.
At Thursday's event, Razak said he was proud of Fernandez's achievements, not only for his company but for the country as well.
AirAsia is rated as having done remarkably well in Southeast Asia and has begun flights to various destinations in India, catering mainly to the 2.6 million diaspora.
AirAsia boss Fernandez eyes Singapore Airlines - news.sma****s.com
Many things happening at the same time.
Singapore Airlines in talks with Air Asia, why not?
Posted: 10:31a.m. IST, December 5, 2008
Kuala Lumpur, Dec 5 (IANS) Malaysian budget airline AirAsia's ethnic Indian boss Tony Fernandez has said his long-term goal is to one day 'take over' Singapore Airlines (SIA), the national airline of the neighbouring city state.
The maverick entrepreneur revealed his company's ambitions at the end of a slide presentation at an event where he was conferred an award by Deputy Prime Minister Najib Tun Razak Thursday.
To the amazement of those present, he showed two pictures - one of aircraft livery and the other of AirAsia's new uniform for its stewardesses. He told his audience that he would name his new company Singapore AirAsia, The Sun newspaper reported Friday.
Fernandez kept the audience in stitches throughout his one-hour presentation, ending it with the remark: 'And this is the uniform the stewardesses on board Singapore AirAsia will wear.' He pointed to a picture of a smiling woman wearing a combination of the famous SIA baju kebaya and striking red AirAsia skirt.
While many in the audience laughed it off, aviation industry observers said it was a signal from Fernandez following news reports of Malaysia Airlines being in talks for a strategic alliance with British Airways and Qantas.
A Malaysian news portal said that owing to global economic pressures, the airline industry was going through a consolidation period, with talks of mergers, acquisitions and bankruptcies dominating the business pages.
At Thursday's event, Razak said he was proud of Fernandez's achievements, not only for his company but for the country as well.
AirAsia is rated as having done remarkably well in Southeast Asia and has begun flights to various destinations in India, catering mainly to the 2.6 million diaspora.
AirAsia boss Fernandez eyes Singapore Airlines - news.sma****s.com
Many things happening at the same time.
Singapore Airlines in talks with Air Asia, why not?
Join Date: Oct 2006
Location: K-PAX
Age: 35
Posts: 77
Likes: 0
Received 0 Likes
on
0 Posts
Tony Fernandez has said his long-term goal is to one day 'take over' Singapore Airlines (SIA), the national airline of the neighbouring city state.
OMG!!!! What is up with these people now a days??? Mr.Tony sounds just like the KING OF GOOD TIMES...
I'm just wondering, How can he take over an airline which is 54% owned by the singaporean government??
