Malaysia

• dragg

  3 Dec 05, 09:03

  Dont expect to be bailed out again, Abdullah tells MAS.
  
  MAS reported a loss of RM367.7 millionb for the 2nd quarter, bring its total losses to RM684 million for the first sixth month.
  
  the above is extracted from straittimes, 3 dec.
  
  
• sbst275

  3 Dec 05, 09:18

  Originally posted by dragg:

  Dont expect to be bailed out again, Abdullah tells MAS.
  
  MAS reported a loss of RM367.7 millionb for the 2nd quarter, bring its total losses to RM684 million for the first sixth month.
  
  the above is extracted from straittimes, 3 dec.
  
  

  Actually I believe Malaysian Airlines is making $$, is only that due to mismanagent
• dragg

  3 Dec 05, 15:34

  compare it to SIA.
• hoeking88

  3 Dec 05, 15:42

  MAS must get some good CEO to handle it
• dragg

  3 Dec 05, 15:50

  i wonder if they tried the retrenchment method to cut cost.
  
  they should learn from us.
  
  
• hoeking88

  3 Dec 05, 16:07

  ya , they will do it . they say so
• sbst275

  3 Dec 05, 21:29

  Originally posted by hoeking88:

  ya , they will do it . they say so

  You think so?
  
  Since when they enforce rules after what they have said?
  
  SG here, say already means it is done
• sbst275

  3 Dec 05, 21:29

  Originally posted by hoeking88:

  MAS must get some good CEO to handle it

  You believe this solves the prob?
  
  If you read the article, MAS is running many unprofitable rts for political reasons - Bilateral relations
  
  Another reason going around with Malaysians is corruption
• SBS9828X

  3 Dec 05, 21:35

  fcuk.... wen will they intro budget airlineS?
• sbst275

  3 Dec 05, 21:36

  Originally posted by SBS9828X:

  fcuk.... wen will they intro budget airlineS?

  Not making money already now go spend capital on budget airline?
• AF2005

  3 Dec 05, 21:51

  in malaysia the people there don;t pay the actual fare. Not to mention officials claiming to be traveling under official duty. Its so called subsidised fare. Thats why MAS will lose money.
  
  The last time, the Mal Gov under ex PM mahathir bail out the tycoon by buying out his shrs at 4 times the traded KLSE price. Who so stupid buy shrs at 4 times or more than the traded price.
• sbst275

  3 Dec 05, 21:53

  Originally posted by AF2005:

  in malaysia the people there don;t pay the actual fare. Not to mention officials claiming to be traveling under official duty. Its so called subsidised fare. Thats why MAS will lose money.
  
  The last time, the Mal Gov under ex PM mahathir bail out the tycoon by buying out his shrs at 4 times the traded KLSE price. Who so stupid buy shrs at 4 times or more than the traded price.

  Sub rates also apply @ Qantas
• dragg

  4 Dec 05, 07:18

  Originally posted by AF2005:

  in malaysia the people there don;t pay the actual fare. Not to mention officials claiming to be traveling under official duty. Its so called subsidised fare. Thats why MAS will lose money.
  
  The last time, the Mal Gov under ex PM mahathir bail out the tycoon by buying out his shrs at 4 times the traded KLSE price. Who so stupid buy shrs at 4 times or more than the traded price.

  that much is obvious.