Are we being led to believe that these 3 what? Parameters? variables? are only unique to MAS?
We are being indoctrinated and de-sensitize into believing that the MAS-AA deal is a purely rational business deal, handled on its pure merits. We looked around, identified MAS’s problems, we come to the conclusion that its leadership problem.
So we are treated to another round of CYA rationalization- MAS recently announced a net loss of RM527 million for the second quarter of 2011.
Due to what we may ask? Due to higher fuel costs and (be) anyway, you can almost imagine the MAS people through its corporate communications people say, this 2nd quarter is traditionally our weakest business period.
And what does, this is MAS traditionally weakest period mean? If it’s already known as traditionally weakest period, why weren’t MAS’s efforts concentrated on unbundling that tradition?
Every time, people talk about MAS- they would always refer to Tajudin’s sale of MAS shares at RM 8 and so on. You mean after successive leadership changes after Tajudin, MAS is still plagued with Tajudin’s legacy. You get the feeling that the sad Tajudin stewardship of MAS will always be used as an excuse to explain MAS’s sorry state.
In an attempt to bolster the fortunes of the flag carrier, state asset manager Khazanah Nasional Berhad swapped 20.5 per cent of MAS stock for a 10 per cent stake in Asia’s biggest budget carrier AirAsia on August 9. The swap enabled AirAsia bosses Tan Sri Tony Fernandes and his partner Datuk Seri Kamaruddin Meranun to sit on the MAS board and will ostensibly help turn it around.