Air Asia’s Tony Fernandez found new collaboration with TATA group for India Airlines by year end


By JASON NG And SANTANU CHOUDHURY from Wall Street Journal

More than 80 years after former Tata Group head J.R.D. Tata piloted the first scheduled flight in India, the conglomerate is seeking to re-enter the sector by investing in a low-cost airline.

AirAsia Bhd, the largest discount carrier in Southeast Asia by fleet size, said Wednesday it has signed an initial agreement with Tata Sons Ltd. and another Indian investor, Arun Bhatia of Telestra Tradeplace Pvt. Ltd., to establish a budget airline in India.

Overcrowding Clouds Indian Aviation
The proposed partnership comes after a September decision by the Indian government to open the aviation sector to direct investment of up to 49% from foreign carriers.

AirAsia said the three parties have applied to India’s Foreign Investment Promotion Board–the government agency that clears foreign investments–for the Malaysian carrier to hold 49% of the proposed Indian joint venture company. Tata Sons will have a 30% stake, with Mr. Bhatia holding the remaining 21%. AirAsia plans to hold the stake via its investment arm AirAsia Investment Ltd.

If the government gives its approval, the proposed joint venture will seek an operational license from India’s aviation authorities.

Officials at the Foreign Investment Promotion Board didn’t respond to phone calls.

The venture plans to operate from the south Indian city of Chennai and proposes to link smaller cities to the metropolis.

“We have carefully evaluated developments in India over the last few years and strongly believe that the current environment is perfect to introduce AirAsia’s low fares, which stimulate travel and grow the market,” said Tony Fernandes, AirAsia’s founder and group chief executive.

AirAsia has a fleet of 118 planes with more than 350 on order. The company said it “believes Indian aviation has enormous long-term growth potential and is expected to produce tremendous upside for first movers.”

The establishment of an airline will herald the culmination of years of efforts by the Tata Group to re-enter the aviation business–primarily due to its cherished lineage in the sector.

J.R.D. Tata–who founded India’s now-state-run carrier Air India–is considered the father of civil aviation in India. On Oct. 15, 1932, he flew a single-engine Puss Moth aircraft manufactured by the erstwhile de Havilland Engine Co. of the U.K. from Drigh road airport in Karachi, Pakistan, on his flight to Mumbai via Ahmedabad.

The Indian government nationalized Air India in August 1953 and appointed Mr. Tata its first chairman.

The group’s recently retired chairman, Ratan Tata, is also a qualified pilot and flies both planes and helicopters.

In a 2011 interview with The Wall Street Journal, Mr. Ratan Tata said one of his first goals would be to get the group back into the airline business. He is now the group’s chairman emeritus.

The group with businesses ranging from salt to software had planned a venture with Singapore Airlines C6L.SG -0.27% . But, Mr. Ratan Tata said during the interview that aviation ministry bureaucrats held up his application for several years despite his constant prodding. In 1998, he withdrew the application after seven years of waiting.

The group’s plan to re-enter the business comes at a time when most local airlines are making losses, hurt by high fuel costs and airport charges as well as inadequate infrastructure.

The AirAsia announcement is the second investment proposal in India’s aviation sector after the government in September allowed foreign carriers to hold stakes in local airlines. India allowed such investments following lobbying by local carriers, which argued the entry of foreign airlines would allow them to raise much-needed cash.

Jet Airways (India) Ltd., one of the country’s largest carriers, and Abu Dhabi-based Etihad Airways have said that they are in talks for a potential alliance. Etihad plans to buy a 24% stake in Jet for about $300 million, people close to the talks had said recently.

Analysts say for foreign airlines like AirAsia and Etihad, the attraction of India is its large population and the increasing number of Indians living abroad.

The Indian domestic market for air travel is witnessing a downturn this year as airlines have raised fares to offset higher costs, amid a slowing economy. Local air passenger traffic declined 2.9% during January to November 2012–the most recent period for which comparable numbers are available–to 53.41 million, according to government data.

AirAsia currently operates flights from Thailand and Malaysia to five cities in India, including to Chennai.

The proposed low-cost airline will likely be competing with existing budget as well as full-service carriers in India such as InterGlobe Aviation Ltd.’s IndiGo, SpiceJet Ltd. 500285.BY -2.25% and Jet Airways.

Tata Sons, which controls the Tata Group, said it will only be an investor in the joint venture. “The airline will be managed by AirAsia, and Tata Sons will not have any operating role,” a company executive said in a statement.

Explaining the reason for the Mumbai-based group to partner AirAsia, the executive said: “When AirAsia approached Tata Sons with the proposal for a stake in the venture, Tata Sons concluded that given its reputed business model, AirAsia could be a relevant and successful service provider in the domestic sector.”

The executive said the Indian aviation market will grow further with the entry of AirAsia, and will lead to creation of new jobs.

Telestra Tradeplace said it would be purely a financial investor and wouldn’t have any representation on the proposed venture’s board.

It said its participation was due to the Bhatia family’s close relationship with Mr. Fernandes, the AirAsia founder who serves on the board of London-based football club Queen’s Park Rangers alongside Mr. Bhatia’s son, Amit Bhatia.

—Rajesh Roy in New Delhi contributed to this article.
Write to Jason Ng at jason.ng@wsj.com and Santanu Choudhury at santanu.choudhury@dowjones.com

In Malaysia, we all know Air Asia has difficulty in its financial capacity and seeking out a victim to inherit its debts. It looks like TATA group is not that strong after many turbulence of hijacking and sabotaging upon its administration. These collaboration will inherit all Air Asia’s debts and it will end with bitter court fight between TATA group, Arun Bhatia group and Tony Fernandez. In one way or another; the Indian society is not a big fool.

However, our advice to TATA group still – be wary of poisonous snake bites from Tony Fernandez where TATA group and Arun Bhatia may end up inheriting all debts incur by Tony Fernandez – Air Asia.

Stay tuned to malaysiaairlinesfamilies as we are about to expose Tony Fernandez’s gimmicks in Indian aviation industry to save its Air Asia that is about to go bankrupt in Malaysia.

Advertisements

A tale of two airlines in Malaysian skies – Episode 1 “Buy MAS Sell Air Asia”


The industry view on the National Carrier – The Malaysia Airlines conclusively recommended the investment funds holding Air Asia to switch into Malaysia Airlines (MAS). On a risk-adjusted reward trade, a well-known researcher Morgan & Stanley see limited downside for MAS at the current price. Net cash accounts for more than 70% of market capitalization, and Morgan & Stanley believe the MAS share price could double if the carrier achieves its internal net profit target of RM0.7-1.0 billion for this year. In contrast, Morgan & Stanley (M&S) think Air Asia’s share price could see further downward pressure if oil prices and funding costs stay high.

Where M&S Differ:

While many like Air Asia’s low-cost business model, we think MAS has restructured its operation to be extremely competitive with Air Asia, and the carrier now has much better fundamental operating prospects than Air Asia does. The market appears to believe Air Asia will continue to take market share from MAS.

Malaysiaairlinesfamilies; however, believe drastic changes may affect Air Asia market share from MAS when Malindo Airways took off in March 2013. Many Malaysians are waiting in line to fly with Malindo Airways.

Why Morgan & Stanley Researchers Like MAS over Air Asia:

Disciplined growth strategy;

Sharply improving operating and pretax margin trend;

Prudent fuel hedging strategy;

Strong balance sheet and negative gearing; and

Attractive relative valuation.

Divergence in Relative Valuation: If we subtract net cash from MAS’ market capitalization, its franchise value is less than 1.0x EBITDA. In contrast, EV/EBITDA for Air Asia at 11.5x is expensive, given the inherent risks of potential fuel-hedging derivative contract losses and higher funding costs to finance capital expenditures for the next five years.

“Buy MAS, Sell Air Asia”

Brief notes about Morgan & Stanley:

Morgan Stanley does and seeks to do business with companies covered in Morgan Stanley Research. As a result, investors should be aware that the firm may have a conflict of interest that could affect the objectivity of Morgan Stanley Research. Investors should consider Morgan Stanley Research as only a single factor in making their investment decision.

For analyst certification and other important disclosures, refer to the Disclosure Section, located at the end of this report.

+= Analysts employed by non-US affiliates are not registered pursuant to NASD/NYSE rules

The rating of MAS & Air Asia by Morgan Stanley in April 2008

Morganstanley2

MAS (RM3.60) is rated Overweight (RM7.00 price target) above;

While Air Asia (RM1.38) is rated Underweight (RM1.20 price target) below

morganstanley3

Investment Case – Summary and Conclusions by Morgan & Stanley

In our initiation report on Air Asia, First-Mover Advantage in High-Growth Industry (30 June 2005), we provided a comparative analysis between Air Asia and Malaysia Airlines (MAS) on the domestic operation. Our conclusion was that even though Air Asia network capacity size is about 15% smaller than MAS’, Air Asia has significantly lower unit costs that more than offset its low unit yield when compared with MAS. The net impact was a wide divergence in operating profit: Air Asia recorded an operating margin of 20% while MAS reported a negative operating margin of 21% for the nine months ranging from July 2004 through March 2005.

Prior to MAS’ corporate restructuring exercise in 2006, Air Asia had little competition, and we believe the vastly inefficient and poorly capitalized MAS has made it easy for Air Asia to gain domestic and regional market share at the expense of MAS. We think the picture between the two carriers has changed dramatically since then, and MAS’ fortunes now appear to be rising at Air Asia’s expense. Our preferred aviation play in Malaysia is MAS, and we rate the stock Overweight with price target of RM7.00. We rate Air Asia Underweight and see fair value at RM1.20.

MAS versus Air Asia: Changing Fortunes

We highlight five reasons why we prefer MAS over Air Asia for the Malaysian aviation market.

I. Revenue Growth Strategy

For the past three years (2005-2007), Air Asia grew at an exceptional rate with RPK doubling to 9.86 billion and operating revenue rising 141% to RM1.6 billion at the end of June 2007. In contrast, RPK for Malaysia Airlines fell by 13% to 36.8 billion, but operating revenue rose 22% to RM14.9 billion at end of December 2007. In 2005, the domestic operation was part of the MAS network, but following a major corporate restructuring, the domestic operation was downsized. A significant portion of the domestic routes was transferred to Air Asia in 2006 as part of the government aviation policy of increasing competition. The growth comparison is also affected by the fiscal year changes – MAS changed its fiscal year to December from March in 2005, and Air Asia changed its fiscal year to December from June in 2007. Since we used an annualized 12-month period for our analysis, we think the fiscal year change should not affect the magnitude and direction of our analysis.

We think it is interesting to highlight that MAS was growing operating revenues by enhancing yield (indirectly higher fares) and other revenue sources, particularly cargo, while Air Asia grew its operating revenues sheer by an increase in passenger volume to gain market share.

MAS is expected to continue its steadily growth and path of growing RPK by 15% and operating revenues by 19%.

Malaysiaairlinesfamilies think MAS growth trend has got higher after the carrier took new delivery of its new A380 aircraft.

Of course, Air Asia or Group Tune Air would be recommending Air Asia to buy Tony Fernandez’s pipeline order of A380 aircraft to penetrate into Los Angeles routes competing painfully with MAS. That is what Tony Fernandez is all about in the aviation industry. All he cares is to KILL Malaysia Airlines just to save his stupid LOW CASTE Air Asia.

II. Operating and Pretax Margin Trends Over the 1995-97 period

MAS’ operating margin swung from a loss of 13.7% in F2005 to a profit of 3.0% in F2007. Air Asia’s operating margin declined from 14.1% in F2005 to 12.0% in F2007. The trend was similar for pretax margin. Air Asia’s declined to 17.3% in F2007 from 18.8% in F2005. The swing was more spectacular for MAS, rising from a loss of 13.3% in F2005 to a profit of 5.9% in F2007. A disciplined revenue growth strategy and tight control on operating costs led to the big earnings turnaround in MAS’ operation, and the operating margin gap between the two airlines has narrowed significantly since 2005.

The sharp divergence in operating and pretax margin performance between the two carriers should become more evident in the next two years. We expect Air Asia’s operating margin to rise to 19.4% in F2009 from 12.0% in F2007 but look for the pretax margin to drop further to 9.5% in F2009 from 17.3% in F2007. In contrast, we expect MAS to see an improvement in operating margin to 5.2% in F2009 from 3.0% in F2007 and anticipate a higher pretax margin of 6.4% versus 5.9%. While Air Asia will likely see pretax margin pressure from high net interest expense, MAS should benefit from net interest income primarily due to its huge net cash position.

III. Fuel Hedging Policy

We see a sharp contrast in fuel hedging strategies between the two airlines. MAS has adopted a conservative fuel hedging policy whereby it benchmarks its fuel hedging ratio against the average hedged ratio of its regional airline peers. The underlying fuel hedging philosophy is that MAS management does not want its airline operating performance to be significantly affected by volatile oil prices when compared to the other Asian airlines. In contrast, Air Asia takes directional bets on its oil position as part of its fuel hedging policy. In late 2007, Air Asia management sold call options at US$82.60/bbl for 150,000 barrels per month, and the call options will be triggered if WTI crude price averages US$90/bbl for the month. The premium from the call options was used to cover the insurance premium for buying puts at US$69/bbl and selling puts at US$55/bbl for 150,000 barrels per month.

While Air Asia management has effectively closed its directional oil position bet for 2008 by buying and selling more call/put options to neutralize the original fuel hedging contract position, the carrier still has directional bet for January 2009 to June 2010 call option position. If WTI oil prices stay above US$90/bbl during January 2009 and June 2010; the losses for Air Asia are likely to mount between the spot price and US$82.60/bbl. If oil prices trade substantially higher in the current environment due to the weak US$, we see an increasing risk that the derivative loss could be substantial, affecting both the operating and financial position of Air Asia.

Malaysiaairlinesfamilies believe the above is the cause of Air Asia being not sustainable as compared to Malaysia Airlines – the oil prices trade has increased the risk affecting both the operating and financial position of Air Asia which is why Air Asia needed desperately to cheat its customers and swindled the stupid fool in Khazanah – The Men-In-RED who holds the title with Stupid Fool (SF) Azman Mokhtar.

References can be found here;

Part I – Air Asia is a cheat Part I;

Part II – Ask Air Asia how to cheat customers – Tony Fernandez will answer;

Part III – Now Everyone Can Buy Air Asia Tickets but Cannot Fly;

MAS, however, does not have derivative exposure risk on its oil position. In F2008, the carrier has hedged 43% of its fuel requirement at the WTI crude oil price of US$89/bbl and another 13% at US$95/bbl for its fuel requirement in F2009.

IV. Financial Leverage

At the end of December 2007, net debt-to-equity for Air Asia was 158% (in June 2007, the gearing was 170%), whereas MAS had a net cash position. In F2009, we expect Air Asia’s leverage to rise to 227% as the carrier raises new borrowings to finance the aircraft acquisition.

However, we think shareholders’ equity for Air Asia is inflated with deferred income tax credits and the deferred losses from associates, and if we adjust the shareholders’ equity, the underlying net debt-to-equity for the carrier rises to 372%.

Despite the huge capital expenditure for the new aircraft order — MAS recently ordered 55 B737-800 aircraft for US$4.2 billion with 35 firm and 20 option – we forecast the carrier will still be in a net cash position in F2009, as the bulk of the capital expenditure will be incurred from F2010 onwards.

We believe MAS will raise debt capital in either 2009 or 2010 when capital market conditions are likely to be much improved from the tight liquidity credit crisis where funding costs have increased due to the rising credit default swap risks in the past months.

In contrast, Air Asia will have to raise RM2-3 billion a year for the next five years, and we estimate the carrier will need to raise RM2.8 billion for F2008.

Malaysiaairlinesfamilies saw as analyzed by Morgan & Stanley in 2008 where Air Asia needed to raise a minimum of RM2.8 revenue annually supposedly since F2008 to rescue Air Asia from Act 360 (Bankruptcy Act 1967); however it did not go well as expected due to fuel prices hiked unexpectedly where Air Asia in fact had declared losses consistently for two year from F2007 to F2008. The collaboration with MAS orchestrated by Air Asia was to have MAS profits siphoned out to save Air Asia which led MAS to declare for the first time in Malaysia industry; a mass record of RM2.52 billion loss.

All Air Asia and Group Tune Air board of directors had to have a backup plan saving Air Asia with reason to save themselves from conviction for Air Asia’s Bankruptcy incurring debt without reasonable ground of expectation of paying it.

Morgan & Stanley however think they favor MAS over Air Asia for 5 of the core reasons that included;

V. Relative Valuation

Perhaps the most important difference between the two carriers is the contrasting relative valuation. On franchise value, measured in EV/EBITDA, MAS trades at less than 1.0x compared with 11.5x for Air Asia. More interestingly, MAS’ net cash at RM4.4 billion at end of F2007 comprises about 73% of its current market capitalization of RM6.0 billion, which implies that the current franchise value is less than 1.0x its EBITDA (or cash flow).

Note – EV/EBITDA simply put by providing a simple, though incomplete, ratio of profit to value, EBITDA/EV is often used to estimate the cash return on an investment.

Morgan & Stanley is an international researcher for trading market etc. Even they understood Air Asia’s earnings are boosted by deferred income tax credit and contributed to an artificial strong balance sheet that again boosted by Tony Fernandez.

TF bullshit

The public is not a fool and cannot be fooled; not for too long

Below is reply from Air Asia customers to Tony Fernandez above statement

TF bullshit2

The next remedy for saving Air Asia would be to conquer the Malaysia Aviation Industry by controlling the workers of the main Airlines in Malaysia i.e. Malaysia Airlines; Firefly; Air Asia and Malindo Airways.

Consequently the existence of the National Union for these airlines would save Air Asia but would kill the workers of Malaysia Airlines; Firefly and Malindo Airways. How could it happen? Stay tuned for our next episode.

Cheers from Malaysiaairlinesfamilies!

Finally Tony Fernandez has decided to let the cat out of the bag; openly sponsoring NUFAM & NUFEM- Part II


The future of Malaysia Airlines’ workers is staggering with the National Union for different categories presently being formed by the corrupted Ministers of Human Resources which is; to divide and rule the workers inside Malaysia Airlines ceasing the workers’ rights easily and effectively.

The respect for workers’ rights have never been part and parcel for MAS Human Resource Director – Zahrah Zaid; whose work is to suppress all unions in the corporate company. Before joining Danone Biscuit Company; Zahrah Zaid was from the British American Tobacco corporate company.

Today, British American Tobacco successfully celebrating its 100 years anniversary (thanked GOD) without Zahrah Zaid.

Zahrah Zaid moved on from British American Tobacco (BAT) to finally Danone Group; first at its Malaysia operations before moving on to a larger Asia Pacific-based role where she was appointed as the Director, Learning & Development Asia-Pacific at Danone Asia Pte Ltd.

Zahrah Zaid then took on the position of Executive Vice-President of Human Capital, Malaysia Airlines, effective from 8 February 2012 and promoted to Director of Human Resources Department with a monthly salary of more than a hundred thousands of ringgit increased from her previous monthly salary scale of RM40,000.

She was the asshole promoting herself to the Director of Human Resources taking the exemplary practice from her last appointment as the Director for Danone Asia Pte Ltd by introducing “The Directorship” for Malaysia Airlines. She is the cause to Malaysia Airlines hiking up the salary and wages for MAS ineffective yet most inefficient top management in the entire country of Malaysia.

Getting the salary hiked up was for setting up her early retirement scheme where she would not be able to contribute her failures to any other corporate companies in Malaysia and within Asia-Pacific.

Zahrah holds an MBA and a Bachelor of Science degree from the University of Bridgeport, Connecticut, USA and she also has a degree in Union Busting.

Zahrah Zaid possesses a special union busting skills in dividing the unions and associations for a corporate company and finally conquering and ruling the unions and associations the way she wanted it. For Zahrah Zaid, top management must be well-paid but the bottom level must be terminated for the loss of productivity among those who have high medical leave whilst she allows herself to be on high medical leave program citing health condition.

Seemingly Zahrah Zaid is unfair towards the lower grades of workers. Lower grades workers are covered and protected by MASEU and MAS Unions; therefore the need to eliminate MASEU and MAS Unions by Zahrah Zaid is momentous but significant.

Whilst she was still with British American Tobacco corporate level; she proposed the divide and conquer strategy to weaken the unions’ platform by deploying the yellow group to attack the unions that representing the corporate workers where she successfully terminated a few thousands of workers for British American Tobacco.

Her 20-year career in Human Resource spans across Asia-Pacific and Europe. Starting as a management trainee in Sime Darby in 1989, Zahrah worked in Sime Darby Group until 1995 where she met with MAS Human Resource Senior Manager Muhammad Fauzi Mahayudin who also previously worked for Sime Darby Group.

MOU

Together MAS Human Resource Director Zahrah Zaid and Senior Manager Muhammad Fauzi Mahayudin signed “The Agreement Letter” with NUFAM President Mr. Lipas man for conducting an election to find out how many MAS Cabin Crew are members of NUFAM.

The signed agreement above is to determine the numbers of MAS Cabin Crew that has joined NUFAM since its inception on 27th January 2012 during the share swap between MAS & Air Asia collaboration framework. Unfortunately, knowing Mr. Lipas man is the twister and the tornado; over a night he start pressuring MAS Cabin Crew who are not even members of NUFAM to vote as a member of NUFAM citing the requirement is set by the deputy Minister of Human Resources with cougar face – Maznah Mazlan who has close relationships with Tony Fernandez.

Cited by Mr. Lipas man that all MAS Cabin Crew must vote as NUFAM members; thus cheating the process to sustain NUFAM entity.

Whilst NUFAM is misleading MAS Cabin Crew of its election via the NO SECRET BALLOT PAPER as appended below as in evidence; NUFAM Union Executive Councils a.k.a. “The Sauna Expert” went on rampage promoting her Culture of Deception directing MAS Cabin Crew mostly are her friends and colleagues to vote as members of NUFAM even though they are not the member of NUFAM.

See below who’s cheating???

Shonanufam

Now everybody can learn how to cheat from Sauna Expert – NUFAM

This is an initial stage dividing and ruling MAS workers on the grounds of workers’ rights benefiting the corporate level and that the pressure received from deputy Minister – Maznah Mazlan (who is known very closely linked to Tony Fernandez) to get NUFAM recognized by MAS by hook or by crook even including cheating votes from MAS Cabin Crew.

In Malaysia Airlines; Zahrah Zaid deploys NUFAM manipulating the platform to disrupt the in-house union by employing backstabbing and poisoning strategy to increase the disharmonious working atmosphere for the workers. This is fighting fire with the fire – a crafty way out to resolve internal issues. By this deployment; Zahrah Zaid would have a solid fact to present the evidence of what the workers want – the lower terms and conditions with short-term employment opportunity. We shall have our full-investigation revealed on our next posting on NUFAM brewing plans for MAS Cabin Crew – Part II.

Whilst MASEU is the strongest union in Malaysia and MAPA being the strongest Associations protecting the Pilots of Malaysia Airlines with the remaining MAS unions that are the strongest in supporting workers’ rights; Zahrah Zaid opted to NUFAM for weakening MASEU circumventing MASEU’s existence in Malaysia Airlines.

After she successfully circumventing MASEU, MAS Unions, MAPA, MESA; she would opt for NUFEM to weaken the high demand from MAS Engineering section employing this crafty strategy (Union Busting) by manipulating some of MAS Engineering workers with false promises of promotion just like what Ahmad Jauhari and Azahari Dahlan did. Some of MAS Engineering and Technicians are in the know that Zahrah Zaid, Ahmad Jauhari and Azahari Dahlan are working for Tony Fernandez. Unfortunately, they resort to working with Ahmad Jauhari, Zahrah Zaid and Azahari Dahlan to kill 50% of MAS Engineering and Technician workers to get themselves promoted to managerial level.

Our reliable sources informing us there is also a promise of 2 months bonuses to those who supported Tony Fernandez but limited to only 7 crooks who are willing to sell off the souls of Engineering and Technician crew.

Whilst Zahrah Zaid has health issue that slowing her down and lowering her productivity for Malaysia Airlines which her health conditions now is deteriorating; MAS board of directors is unaware of her mental destructiveness coupled with high sick leave and no-brainier directorship that she now becomes most inefficiently unable to restructure the Human Resources division as directed by MAS board of directors. Instead; she diverted the restructuring into dividing the workers in Malaysia Airlines to leverage her capacity to recruit more espionage in-line from Air Asia that has been sent by Tony Fernandez. So Malaysia Airlines has got to be on ALERT when recruiting the next management for accountability, transparency and integrity approach and succession.

Zahrah Zaid’s plan for NUFAM is very short. Once NUFAM get recognized by Malaysia Airlines through Zahrah Zaid; MAS cabin crew will be the first taken to be laid-off; following by NUFEM that will boycott MAS Engineering and Technician Crew to lay off the other 50% of its total present strength.

Her other plan also includes forming another National Union or NUAOM for the Airport Operations workers to lay off another 1,400 MAS workers station in KLIA airport.

After her success in getting the locus-standi for NUFAM, NUFEM and NUFAOM, she would be promoted by Tony Fernandez as the next future CEO of Air Asia X taking over the young but senile Azran Osman who has lost all his hairs for Air Asia X.

The promises made by Tony Fernandez to Zahrah Zaid and Alzahari Dahlan is the promotional opportunity embarking with Air Asia taking over his CEO-ships. Unfortunately, that is just the promises given by Tony Fernandez and nothing stating in paper for such promotion.

The cat is out of the bag – Tony Fernandez will successfully going back into Malaysia Airlines with the help from NUFAM, NUFEM and NUFAOM; Zahrah Zaid; Azahari Dahlan; Ahmad Jauhari and the traitors from MAS Engineering group who are working for the political party.

Malaysiaairlinesfamilies is very well informed of the active members from NUFAM whom are mostly working group for the similar political party.

Stay tuned to our next posting and prepare to embrace the negative waves of Tony Fernandez’s next directive for NUFAM, NUFEM and NUFAOM with the clue now getting crystallized.

Psy rocks Penang in Gangnam Style for Barisan National


Psy thrilled an enthusiastic crowd at the Barisan National Chinese New Year open house on Monday with two renditions of his mega hit song Gangnam Style.

It is always only Barisan National – the ruling coalition party would know how to stay Peace, Happy, Prosperous and Stable for Malaysia.

The opposition party only know how to oppress the entire Malaysia encouraging instability, riots and Bersih for more violence and protests on the street. In the future if BABI is made the Prime Minister of Malaysia – it is no surprise George Soros would own Malaysia too. The BABI is not halal vying for the premiership.

This is the time to know what you as Malaysian wants – whether to vote for continuity for Barisan National giving them the higher mandate or to vote for depressive regime for more BERSIH on the streets and more PROTESTS on the media.

Happy 2013 New Year to all Malaysians, the Prime Minister Najib and this administration and most encouragingly to PSY for rocking Penang with Gangnam Style.

Stay tuned to Malaysiaairlinesfamilies for more information!

Finally Tony Fernandez has decided to let the cat out of the bag; openly sponsoring NUFAM & NUFEM- Part I


Last week marked the celebration of Malaysian brand Ambassadors at the World Economic Forum (WEF) held in DAVOS Switzerland in which it named Tony Fernandez – Air Asia “Tightwad” CEO and Michelle Yeoh – The elegant rich and famous a.k.a. The Bond Girl as Malaysian brand Ambassadors. The Malaysian Night held on Friday was the highlight of Malaysia’s participation in this year’s World Economic Forum in DAVOS.

The information on Tony Fernandez spoiling the Malaysian tourism industry cheating the public with his low caste airlines was not readily available in the city of DAVOS. Yet, the small fry has the cheek to ask the Bond Girl – Michelle Yeoh to be the next Air Asia’s Embarrassed Public Figure – AK Ambassadress.

THE wicked BEAST AND THE BEAUTY with the brain – two different world!

The Ugly Big Belly Tony and the Beautiful Michelle at the Malaysian Night in Davos

An intelligent matured woman like Michelle Yeoh is not a foolish low caste woman – definitely is not falling for Tony Fernandez’s trap smearing the reputation and goodwill of others after knowing the Caterham group is planning to strike out the low caste “Tightwad” CEO for smuggling drugs into United Kingdom and contributing more losing games damaging its premier reputation.

The cat is out of the bag – Tony Fernandez has finally exposed his own strategy to which he said he shall conquer all airlines in Asia Pacific by means of controlling all unions in the region. His collaboration with Mr. Lipas man to vanquish the Eight (8) Mas Unions and Associations piece by piece via forming two more National Unions for Malaysia Airlines before Subramaniam and Maznah Mazlan’s expiring their duty as Ministers of Human Resources .

After more than his regular few drinks, Tony Fernandez boasted about his strategy to some of the politicians and celebrities in DAVOS of his ability to conquer the Malaysian’s unions and associations and his greatest dream to control the Malaysian Government for his preparation ably in selling his abnormal large Airbus planes to Malaysia Airlines (besides Air Asia) also to Eagle Express, Firefly and the new Malindo Airways.

Tony Fernandez’s failure in his share-swap strategy with the collaborating think-tank group “BABI” – Brother Anwar Bin Ibrahim which could have allowed him in condition to save Air Asia by swallowing Malaysia Airlines’ profitable assets have re-coursed to employ the National Union’s strategy resurrecting the Militancy returned for his future coalition.

His public confession in Davos of his intimate relationship with the deputy of Minister of Human Resources – Maznah Mazlan and his close fraternity bond with MAS present CEO – Ahmad Jauhari who is still following his lead to break up the strongest workforce of Malaysia Airlines.

Ahmad Jauhari is well-known for heartlessly terminated 1000 workers during his tenure with Malakoff Corp Bhd. He also de-listed Malakoff Corp Bhd before joining MAS. Today, Malakoff Corp Bhd without Ahmad Jauhari is re-listing again.

Ahmad Jauhari says MAS is in a “deep crisis” due to lack of focus on the premium segment and its quality of product fell. Basically the attraction waned because of its pricing, an aging fleet, a stale product and it was not as fast as its rivals to adopt change. Ahmad Jauhari believes that by replicating the “playbook used by Japan Airlines (JAL) and Garuda International” to turn around MAS, there will be success.

“It is naivety at its highest order to do that. JAL’s recovery plan was based on making the Boeing 787 as the workhorse of its fleet, and slashing 16,000 employees 30% of its workforce. What is MAS prepared to do? The airline has close to 20,000 workers; will the company lay off a third of them now that it is downsizing?”

The last National Union for Malaysia Airlines was de-registered in 1979 after the wildcat strike action by a group of workers.

Whilst the opposition PARTY that yearning for Malaysia premiership is ca-hooting with the country’s number one’s enemy – The Unwanted Community residing in Singa-island next door to Malaysia; the top two MOHR is discharging their duty treacherously boycotting the country’s progressive development aiding for the militancy returned.

From another point of view; NUFAM’s President Mr. Lipas man is paid top ringgit by Tony Fernandez to execute Air Asia’s original plan dividing and conquering the workers of Malaysia Airlines from the inside.  Mr. Lipas man is presently sitting his ass on a hot sizzling pan facing a possible lifetime imprisonment for the criminal activity misappropriating all union’s funds settling his gambling debts and luxury millions of ringgit lifestyle.

This revenge by Tony Fernandez against the Eight (8) MAS unions and associations for ousting him out as MAS Board of Director is becoming apparent episode by episode ever since the share-swap and collaboration between MAS and Air Asia was cancelled by the Malaysian Prime Minister.

There’s evidence of NUFAM office bearers have tendered resignation with Malaysia Airlines to work for Tony Fernandez quietly.

Shonanufam

This con-woman a.k.a. Sauna Expert Woman works discreetly for Tony Fernandez where her main task is to direct cabin crew to cheat votes for NUFAM to win in its election.  She is also the mother for fostering the Culture of Deception. A corrupted figure who calls other the corrupted mind. A reliable resource informed us (if accurately) she resigned from MAS after she was caught for having pilfered aircraft stuff and charges was not executed by Zaharah Zaid.

nufamash2

Whilst NUFAM is fighting for securing another voting date from Malaysia Airlines by collaborating with the department Trade Union Affairs’ officers – Roslee Sabarudin and Syahrin Said with the magical wane empowering by Maznah Mazlan ; MAS Group CEO for MAE – Azahari is funding a group of MAS Engineering Crew to oversee the new registration of another National Union for Malaysia Airlines with the backing from Zaharah Zaid.

The mother of all evils – Zaharah Zaid left Danone Factory to join Malaysia Airlines and is tasked by Tony Fernandez to penetrate into MAS strongest union and association as these stumbling blocks were the success to the unbundled of share swap between MAS and Air Asia. She is to terminate 1,800 senior cabin crew-members with the help from NUFAM’s President after which Mr. Lipas man shall make ways for Air Asia cabin crew-members whom are the right hand men working closely with Tony Fernandez shall ascend to take over NUFAM from MAS cabin crew-members in the future.

From the strongest union and association changing into a new union without any affiliation or strong muscle to protect the workers’ rights is seemingly the strategy to conquer MAS by Tony Fernandez. Tony Fernandez’s directive to Azahari – MAS Group CEO for MAE is to find ways to terminate half of MAS Engineering Crew so that Tony Fernandez can plant more of his men into MAS MAE to control the repair and overhaul services for Air Asia and the new future NUFEM for MAS Engineering Crew.

Stay tuned to Malaysiaairlinesfamilies for our next episode.