“Hari ini dalam sejarah” almost had occurred to Malaysia Airlines during the Collaboration Agreement with AirAsia under the spell of Tony Fernandez and his gangsters, the three musketeers – the bent former and present politicians.
Take a moment to ponder during the Collaboration Agreement with AirAsia; what really has had benefitted Malaysia Airlines?
The answer is there were absolutely nothing really benefitted Malaysia Airlines during the Collaboration Agreement and the nothingness of achievement were recorded in the history of Malaysia during the dominance control under Evil Kutty’s advisory and guidance.
In Malaysia, an organization could either be wiped out or become the history if it is under the spell of Evil Kutty and Tony Fernandez prescribing their mortal-blow strategy for Malaysia Airlines for SAVING AirAsia.
From the Part I, Part II and Part III of this thread, we’ve translated the history of Malaysia Airlines and it’s main core existence as the National Carrier included the LOOTING planning instead of the TRANSFORMATION planning which were prescribed by Tony Fernandez and his friends under the pretext of collaborating with Malaysia Airlines.
Now here in this thread, we’re gonna exposed the real stimulus behind the originality script as to our belief is written by Evil Kutty and Tony Fernandez for wiping out Malaysia Airlines not only to SAVE AirAsia but also to interrupt Malaysia Airlines from joining the global alliance for greater sustainability and global network.
For survivability of Malaysia Airlines, the former CEO Tengku Azmil had to inter-connecting with the international alliance widening its coverage via joining the global network and ensuring Malaysia Airlines would be FREED from the GAME CHANGERS mind.
WHO ARE THE GAME CHANGERs? It’s Tony Fernandez and his gangsters who’s been searching for ways out to spread their anti-union strategy and finding ways slithered inside Malaysia Airlines for gaining control of Malaysia Airlines assets.
In GUAMs memorandum, it was reported in the media the intention of Malaysia Airlines having had the discussion with Qantas Airways to form a PREMIUM airlines that to our belief will be based in Kuala Lumpur; if permitted will force Malaysia Airlines into downsizing its workforce and shrinking its network coverage where in the end we would see Malaysia Airlines becomes the history. This propaganda will probably be documented and showcase in HARI INI DALAM SEJARAH – The History in Malaysia.
GUAMs lambasted Khazanah as the golden shareholders of Malaysia Airlines, should have considered very carefully of the consequences infiltrating into the Collaboration Agreement with AirAsia before initiating the share swap DODGE deal. The fact is that GUAMs had found out the Share Swap deal was finalized without further discussion on its actual dealing and agreement with AirAsia. The share swap deal was done in hush-hush for Tony Fernandez and his friends bestowing them the almighty power in the decision making with a penetrating voice to influence Malaysia Airlines before the collaboration deal was fully set-up. This one-sided deal had provided the in-depth opportunity for Tony Fernandez and his friends to utilize all assets belong to Malaysia Airlines to their benefits.
In the argument presented by GUAMs, it was stated Khazanah must be held responsible for all damages incurred by Tony Fernandez and his friends (cronies) and Khazanah as the golden shareholders cannot pretend they did not know what Tony Fernandez and his friends had been planning for Malaysia Airlines because Khazanah agreed to the hush-hush share swap without a proper collaboration plan by AirAsia lay ahead for Malaysia Airlines.
In such respect, GUAMs demanded the share swap and the collaboration agreement with AirAsia to be cancelled immediately. The government and Khazanah must correct and repair all the wrong-doings that had been done for Malaysia Airlines by Tony Fernandez and his friends.
The members of the Parliament have informed GUAMs that Malaysia Airlines has been suffering losses in view of the fact caused by the cost of its high workforce. GUAMs condemned such information is flawed and had been falsely disseminated to the members of the Parliament.
The truth is Malaysia Airlines is one of the airlines in this region that has indicated the lowest operational cost ever recorded. The chart below retrieved from CAPA – Centre Aviation Pacific Asia indicated in full release of information received from the airlines in the region stipulating Malaysia Airlines recorded the lowest unit costs i.e. 25.6 sen per ASK as compared to Etihad which is 28.5 sen per ASK, Singapore Airlines recorded 29.5 sen and Cathay Pacific had recorded 30 sen per ASK respectively.
However, the productivity of the workers in Malaysia Airlines is also the lowest as recorded below is 0.77 comparing with Singapore Airlines which is 0.55 and Cathay Pacific is 0.43 per aircraft seat.
Although the productivity level in Malaysia Airlines is lower as compared to the other two stronger competitors, Malaysia Airlines still records the lowest operational costs in comparison to Etihad, Singapore Airlines, ThaiAirways, Emirates and Cathay Pacific. This is caused by the monthly wages for Malaysia Airlines workers is the lowest among the competitors in the region.
MAS union had recommended the salary and wages for Malaysia Airlines to be benchmarked with those of the other two competitors such as Singapore Airlines and Cathay Pacific. Unfortunately, Malaysia Airlines did not accept the benchmark as standard practice for all categories.
The total monthly salary for MAS workers is RM1.2 billion per year. It was only an eight percent of total annual revenue of RM13 billion that Malaysia Airlines generated for year 2010. The other argument presented by GUAMs included MAS management should not be making a comparison study on the monthly wages between Malaysia Airlines and AirAsia because the salary for MAS workers are the lowest as compared to the two competitors – Singapore Airlines and Cathay Pacific. And that MAS management shall not take this lowest salary issue as the cause for MAS having suffered frequent losses. Such accusation is merely unreasonable and beyond wrong practice.
Information for the Prime Minister
Revenue from 2007 to 2010 in (RM billion)
Year 2008 2009 2010
Revenue 15,035 11,340 12,980
Growth +2.8% -24.6% +14.5%
The above information indicated Malaysia Airlines had generated a total revenue of RM15,035 billion in year 2008. This was caused by the increased of RM405 million or a growth of 2.8% as compared to the financial growth for year 2007. In year 2009, the revenue generated was RM11,340 billion. This reduction in revenue of RM3,695 billion or -24.6% growth as compare to year 2008 was caused by the axing of several routes.
To be continue in our next post Part V.