Long Live MAS. MAS will survive this way?
 

The Malaysian Star paper has this report :


(The Star) – The administrator of Malaysia Airlines (MAS) will have full immunity when exercising its power in running the operations of the national carrier.

This is one of the many clauses under the MAS administration bill that was tabled in Parliament yesterday.

The bill provides special laws for the administrator of MAS to carry out services that are essential for the continuity of the airline, and its uninterrupted connectivity within Malaysia.

This bill was also tabled to make way for the establishment of a new entity – Malaysia Airlines Bhd (MAB), to take over the operations of the national carrier.

On Nov 7, MAS shareholders had given their vote of support for the airlines’ major shareholder Khazanah Nasional Bhd to take the company private at 27 sen per share.

Khazanah’s intention was to take the company private and transfer the entire operations and assets into a new company.

It is looking to re-negotiate MAS’ contracts with the employees and suppliers, as well as reducing the workforce by some 6,000 people. It also plans to set up a new company to take over operations by July 1.

In carrying out the business of MAS, the administrator has been given powers which included appointing new directors, removal or suspension of anyone in the company.

The administrator also has the authority to renegotiate the terms and conditions of any contracts.

The administrator could also employ or terminate employees, and determine the compensation payable to dismissed employees. It can take possession of MAS’ properties, sell or dispose parts of the property by any way it deems fair.

The administrator may raise or borrow money, and grant security over the property of the administered company. It can also grant or accept a surrender of a lease or tenancy of the property of the administered companies..

The administrator may also transfer any property, business, liabilities and affairs of the administered companies to any of MAB’s subsidiary companies.

The administrator may purchase the shares, property and equipment of any company, in which the administered companies are existing shareholders, that supplies goods or services which are essential to ensure the unumterrupted continuation of the business vested in MAB.

With the appointment of the administrator, any transfer, mortgage, execution or obligation incurred by, or against the administered companies, may be avoided or recoverable by the administrator.

Another unfortunate misstep.
 

Try as I must but I just cannot shrug off the feeling that the airline is still full of nincompoops...sigh!

Read this :
'Want to go somewhere, but don't know where?' - Malaysia Airlines slammed over tweet - Business - NZ Herald News

It is sad indeed that they keep on shutting their eyes to the basic truth and go onto blunders after blunders!

Word from insiders is that Qatar and Korean are working hard to secure secondments as MAS intends to go fully Airbus, phasing out the B777s and B744s. If Airbus offer better deals, they may even phase out the B737s.

Like all previous MAS deals whether with Airbus, Qatari or Korean, it remains how much goes under the table. There will be a few multi-millionaires in the making. Not all bad for those " nincompoops ";););)

Almost everyone in MAS is in denial. They still think that things will remain hunky dory as the government will keep on pumping in tax payers' hard earned money.

Good money going after bad money...malay government's super affirmative strategy!:ugh:

Air Lingus CEO named as new Malaysian airlines CEO
Could he do it and make the new Malaysian airlines prosper again as the first Non Bumi CEO in its history?

Curious to see if the invisible government hand will allow him a non disruptive no nonsense no corruption approach.

Cheers
E.B.

Not the first Matsalleh. Have you forgotten Captain Bird.:ugh:

MAS suffered losses because Malaysians stupid, says Dr M
 

Now we know the real reason.

MAS suffered losses because Malaysians stupid, says Dr M - The Malaysian Insider

Dr M,
did he also not say also Boeing was to blame for the MH 370 Loss after Malaysian ATC lost face over letting it
fly back over the country etc etc? I no longer listen to him.

@ Capt. W.B. No, i was not aware of that.
Maybe you care to enlighten me and others not in the know?

As for the German guy, he needs all the luck and best wishes he can get. Whatever salary he is offered, his challenge is enormous. He is either very brave or not so smart. Given his resume, he is brave and smart, so, why this move?

Cheers
E.B.

Too quick to the draw Wooblah!

The first GM ( CEO ) since MAS was incorporated in 1971 was Tan Sri Saw Huat Lye.

The first Chairman was Tan Sri Rama Iyer.

The small bird down the food chain was Capt. Jack Bird as DFO.

Capisce?!

Now there are lots of nons who are capable prospective CEOs. The " kecil hati " majority does not want nons to head MAS and turn it around successfully.

Better copy this down and archive it. Not going to last long here...the TRUTH.;)

Taufu...not a very nice way to rub it in, but it seems to be the case. I just do not know how to deal with this type of mentality amongst our people. The everyday shenanigans and sandiwara in the corridors of power are reflected in every public institution in bolehland,

Good luck to MAS, best wishes for a real lasting recovery.:ok:

At last some interest in anything MAS! For so long not many care to post anything on MAS.

Unfortunately it seems only some old hands remain interested. The newer generation of MAS pilots are just plain apathetic.

It's a change with foreign expertise in charge but I doubt that the mini Napoleons in the corridors of power will give him a free hand to run the show. I certainly hope to be proven wrong.:ugh:

i guess there is a LOT of MAS aunties and grannies running around now.. worrying about there jobs..(well the pretend jobs. eg.supervisor of supervisior of toliet rolls etc):E

I hope Matsalleh CEO will last..longer than the famous CEO Iris Jala (did a good job of running MAS) but if he rubs the dato/datins the wrong way. i guess he be heading back to the emerald island pretty fast. Internal MAS mafia wants there fair share of the cut from the tax payers...

Hey there Charsiew Pau,

I wasn't alluding to incorporation but rather to the beginnings of the airline.

Secondly as bluntly as you so graciously put it I have to agree with what you said. But I do hope an iconic airline such as MAS is truly cleaned up. For your reference this is where it all began.

Scheduled air passenger and mail services in Malaya commenced in 1937 when Wearne's Air Service (WAS) commenced operating services between Singapore, Kuala Lumpur and Penang. Wearne's Air Service was started by two Australian brothers, Theodore and Charles Wearnes. The service commenced as a thrice weekly flight between Singapore and Penang The first flight, using an 8-seater De Havilland DH.89A Dragon Rapide took place on 28 June 1937[12] This inaugural flight departed Singapore from the then brand-new Kallang Airport, which had just opened earlier in the same month on 12 June[13] Later a second D.H.89A enabled the expansion to daily services as well as the addition of Ipoh as a destination. The WAS services ceased with the onset of the World War II Japanese occupation of Malaya and Singapore.

Wooblah.

Well, I''d be gobsmacked! Are we dyslexic? I will keep this civil without any name calling.

The topic is about MAS and it's survival. MAS was incorporated in 1971 after Malaysia came into existence in 1963. The CEO ( GM, then ) runs the whole company. Jack bird was only the DFO. I need not elaborate further.:ugh:

Dear Charsiew Pau,

As your name suggests you are here to be confrontational. Perhaps you should check yourself for dyslexia or perhaps haemorrhoids!

If you want to be myopic drilling down to Huat Lye to stress your point to the Malays. Nobody is disputing that. But to forget how the airline began is also denial of the true history of the airline and it's beginnings. Which is something a bitter twisted little man as your goodself would no doubly be inclined to do.

I certainly wouldn't like to ever share a cockpit with an autocratic self propelled hateful, racially motivated traducer as you.

Furthermore the way you portray yourself here is on par with the radicals that want to take the world back to the 700th century. And the very ones you allude to be the dysfunctional element.

Wake up and smell the roses before you have an aneurysm.

Wooblah.

P.S You may have the last say on this as I really don't mind as I realise that you are fuelled and thrive on one-upmanship. :ugh:

As for Aer lingus, impressive figures. See here.

http://corporate.aerlingus.com/media..._Statement.pdf

The German guy, as MAS new chief in waiting, brings solid credentials with him.
Off course, it is not solely his performance alone, but as CEO he did OK there.

Cheers
E.B.

Wtf Wooblah...you seem to be the confrontational one bringing race and all kinds of **** logic here. The topic in question is MAS, the national air carrier incorporated after Malaysia become an independent nation. :ugh:

Chill Wooblah:) why all the animosity, is this what happens to old ex MAS pilots after they retire :(
I happen to agree with a lot of your posts over the many years on pprune . I know the topic of MAS elicit a lot passion but really no need to be nasty,

Ha ha ha, truly " kecil hati " syndrome at play here. When posts do not sing praises for his " great knowledge and love of J Bird " wooby flies off the cuckoo coop! Heather Cho ex- KAL VP comes to mind.

As a bumi, I take no offence at taufupuk's posts. I have been through enough to know, and I agree with his sentiments no matter how unpalatable they may be.

The German ex-Aer Lingus would do well to revamp all MAS divisions without fear or favour. If the government is really serious, he should have a free rein to turn around the company without interference from the little napoleons and the freeloaders.:ok: