tag:blogger.com,1999:blog-19741162.post6801943436499185243..comments2024-02-22T02:33:21.869+08:00Comments on Another Brick in the Wall: Wall Street worshipers cannot turnaround MAS A Voicehttp://www.blogger.com/profile/01780035743502972342noreply@blogger.comBlogger11125tag:blogger.com,1999:blog-19741162.post-36659268487484693952014-07-25T17:23:47.422+08:002014-07-25T17:23:47.422+08:00Why are the MAS employees' unions still clingi...Why are the MAS employees' unions still clinging to the belief that MAS is somehow exempted from the brutally competitive scene that is the aviation industry today?<br /><br />Are the unions deluding themselves into wishful thinking or are they being used by certain quarters who have vested interests and agendas?<br /><br />I am sure that the more savvy MAS union leaders and members can see for themselves what other airlines are doing to stay competitive.<br /><br />Yet, when push comes to shove, these union leaders go back to the same tired rhetoric - no job cuts, sack the top management yadda yadda.<br /><br />Perhaps these union leaders should be sent for internships in airlines which are shaping up to the new realities and see for themselves how these airlines are adapting to the competition.JalanStraitsviewnoreply@blogger.comtag:blogger.com,1999:blog-19741162.post-28216116059765423952014-07-25T11:52:10.951+08:002014-07-25T11:52:10.951+08:00Persoakannya, jika insiden MH370 dan MH17 tidak be...Persoakannya, jika insiden MH370 dan MH17 tidak berlaku, bolehkah Mas menepati sasaran untuk memperolehi keuntungan pada tahun ini mengikut jadual yang telah diwarwar dan dijanjikan oleh penguran Mas yang sedia ada (yang dikatakan mantap) ini?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-19741162.post-80296025784449587652014-07-25T11:41:15.232+08:002014-07-25T11:41:15.232+08:00"Cargo is profitable and must continue to be ..."Cargo is profitable and must continue to be profitable."<br /><br />Obviously reading and understanding financial reports are not your strength. Either that, or most of us have been reading financial reports from MH wrongly...Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-19741162.post-86923462287196753402014-07-25T05:49:17.776+08:002014-07-25T05:49:17.776+08:00Persoalan yang ingin saya lontarkan, kenapa ahli-a...Persoalan yang ingin saya lontarkan, kenapa ahli-ahli lembaga pengarah dan pengurus2 dalam MAS yang besar gaji mereka masih bergayut dalam MAS. Tidakkah mereka berasa bersalah, dengan PAY CHEQUE yang besar tapi depa tidak dapat Contribute kepada MAS. Sepatutnya mereka menunjuk tauladan dengan memotong perolehan mereka agar MAS dapat dipulihkan. <br /><br />MAS telah membawa keuntungan besar dari segi perkhidmatan pengantara membawa perolehan perlancungan keMsia semenjak tahun 50an lagi. Banyak jasanya. Dari dulu MAS tidak pernah mengecapi bahagian keuntungan dari benefit yg diperolehi oleh operator2 perlancungan. Sepatutnya, MAS kena kira balik nilai jumlah perlancungan yang dibawa kesetiap negeri dan mengenakan sebahagian caj perolehan keuntungan. Ini tidak, bila negara dan negeri untung dari sektor perlancongan, MAS tak dapat apa2 pun. Cuba hitung dari tahun 50an nilai keseluruhan keuntungan yang diperolehi dari sektor perlancungan.. ambil saja kata 15% dari bahagian itu. Rasanya MAS tak akan rugi. Biarlah kita tengok kembali dasar Perkhidmatan MAS kembali dan MEMBINA semula kecemerlangan MAS. Ini adalah masa untuk kita berkorban. Janganlah hanya diukur dari segi nilai ringgit dan sen sahaja. Orang berniaga kadang2 kena berfikiran panjang, jangan diikut dari pandangan orang yg menjaga akaun sahaja. Depa ni hanya tau nak untung cepat saja. <br /><br />Ingat jangan jadi macam syarikat motosikal yg dicadang jual dengan nilai RM4 dulu. Lihat apa jadi dengan penilaian bodoh juru akauntan tu. Patutnya kita kena caj akauntan tu, kerja dan kembalikan kerugian yg dia telah sebabkan. Aku rasa aku tak akan ampun dia tu hingga ke akhir hayat Negara kita.<br /><br />Jangan biarkan tangan2 berlagak suci memusnahkan MAS. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-19741162.post-72729837224185276022014-07-25T05:46:57.601+08:002014-07-25T05:46:57.601+08:00Good points, anon 11.11. all these people tak de m...Good points, anon 11.11. all these people tak de maruah langsung. even my monkeys tau berhenti kalau dah makan lebih.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-19741162.post-63808126241023419182014-07-24T23:11:42.580+08:002014-07-24T23:11:42.580+08:00This is what I witnessed on 25/6/14 at the MAS AGM...This is what I witnessed on 25/6/14 at the MAS AGM: <br /><br />A former Mas manager turned lecturer was in her element querying the board on airline economics, branding, outsourcing, among other relevant matters. The reply by Md Nor was general in nature while AJ gave answers sounding like a confused politician.<br /><br />Another shareholder's questions on "What happened? Where did we go wrong? When will we do things right?" were not answered... <br /><br />Overall, shareholders were not happy with the board n management but attempts to reject AJ from being reelected to the board were curtailed by the biggest shareholders having many proxies present. Ditto the directors fees. <br /><br />AJ talked about reboot, restart n radical change. What do all these mean? No details were given. No time frame. <br /><br />Some board members also look bored which may mean that they also dont know what is meant n where they are heading. Only God knows... May He save MAS!<br /><br />Following this the newpapers reported that directors fees were being returned. <br /><br />The directors returning the money is not to be seen as an honest or noble act! If the shareholders votes to reject the fees were enough, why did the chairman and the Khazanah rep (a young man in his twenties who was dressed very simply, not reflecting the image of Khazanah) ask for a poll vote? This shows that they were eager to be paid for a job they failed in! If they sincerely felt they didnt deserve the money, it should have stopped when the shareholders voted the first time. <br /><br />If they were really honest, the management team should also return at least one month's salary because they didnt do their job as well! <br /><br />As for the re-election of directors, if the shareholders had their way, one of those mentioned would have been rejected. But proxies who were seen to be favorable to him bailed him out. <br /><br />How can someone who doesnt meet his KPI, who didnt keep his promise and keeps losing money for the past three years be allowed to continue? <br /><br />To add insult to injury, the chairman had the courage to say that luckily he has no Mas shares! What?! No wonder they care more about what they get paid than what they do to the company. <br /><br />What nonsense is this? I say if this is the way GLCs do business, the public's money and our personal investments are done for! <br /><br />Najib, as chairman of Khazanah, you better look into this! This kind of nonsense will ruin businesses and our economy in no time. You better do something radical about it. Get rid of the non-performers! If you can do that in politics, you jolly can do so in business! <br /><br />May God help Mas and all GLCs under Khazanah. Amen.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-19741162.post-25497508736349846372014-07-24T22:59:12.224+08:002014-07-24T22:59:12.224+08:00Producers in Hollywood have a tendency to promote ...Producers in Hollywood have a tendency to promote American brands which in turn receive overwhelming support from industries. FedEx was chosen for Cast Away (2000).<br /><br />Can Dato' Yusof Haslam's family or KRU Productions come up with something to promote MAS through a movie? Something like MAS pilots and crews struggle in flying through a storm to save a child from foreign land who needs urgent kidney transplant in IJN. Or anything else that has nothing to do with violence, terrorists, hijacking or war. BruHahanoreply@blogger.comtag:blogger.com,1999:blog-19741162.post-23358467643169736452014-07-24T21:00:05.748+08:002014-07-24T21:00:05.748+08:00the sleepy has no news value and his ideas are out...the sleepy has no news value and his ideas are outAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-19741162.post-27549040746594950022014-07-24T17:37:07.830+08:002014-07-24T17:37:07.830+08:00Tried calling mas for something and every number f...Tried calling mas for something and every number from every department wont pick up bar the investment division. To save mas, your points are all valid except you didnt mention that its staffs are too comfortable and wont even bother picking up calls. They've grown bigger accross the waist. Mas is bloated in the number it employs. Bloated salaries alone could maybe halve the 4 mil daily it loses. Ridiculous wages to the BoD could maybe slash another mil. The very essence of the problem is that the majority shareholder of mas is corrupt. Not doing what is in the best interest of malaysia per se but lining ones own pocket in the process. Malays who feel first class but are merely on par with corrupted millionaires from lagos, niger, chad and so on. Stupid but corrupted and taking advantages of position. Sad reallySelamat kasimnoreply@blogger.comtag:blogger.com,1999:blog-19741162.post-92210849999836750772014-07-24T17:15:09.318+08:002014-07-24T17:15:09.318+08:00Tun Mahathir should be appointed as an adviser and...Tun Mahathir should be appointed as an adviser and not Tun Dollah. Tun Mahathir always bring good to anything that he touches. May the Almighty save and guide us to safeguard our national sovereignty. Only a true leader can get us through this difficult times as always.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-19741162.post-40121736763477035022014-07-24T16:29:09.905+08:002014-07-24T16:29:09.905+08:00Japan Airlines is a national "flag carrier&qu...Japan Airlines is a national "flag carrier".<br /><br />Yet the Japanese government was willing to let it go into bankruptcy. Under bankruptcy protection, it did a drastic restructuring (slashing jobs and routes, cutting costs), before re-emerging as a lean and profitable airline.<br /><br />Or how about Qantas - the Aussie flag carrier? Tony Abbott's government has ruled out any bailouts for the airline. The airline has to fix itself. The CEO is slashing jobs and routes and partnering with Emirates.<br /><br />What about Alitalia - the Italian flag carrier? The Italian government has ruled out any bailouts. Instead, it has allowed a Gulf carrier to acquire a substantial stake in the airline, take over management and do the necessary restructuring (read job cuts, among other measures).<br /><br />There are enough case studies in the global aviation industry for MAS top management, Khazanah and the government to study and deliberate on.<br /><br />Here are a few facts for you to consider:<br /><br />- low-cost carriers are going to take an increasing share of passengers, in the region and worldwide.<br /><br />- low-cost carriers are going to muscle into the air cargo business (empty space in the bellies of their aircraft).<br /><br />- cost-conscious companies are going to require their employees to fly "budget" instead of "full service" airlines.<br /><br />- premium full service airlines will increasingly depend on their "home" airports to be major regional air hubs in order to take advantage of business and transit traffic. Does KLIA have what it takes to compete against Changi Airport, Dubai, Doha, Hong Kong or Narita?<br /><br />- with increasingly thin profit margins and escalating fuel and aircraft prices, airlines will find it very difficult to get financing for fleet expansion or modernisation.<br /><br />Not even Tun Dr Mahathir can go against the inexorably irreversible trends in the global aviation industry.<br /><br />He won't be able to pull a "capital controls-type fait accompli" this time around.Arne Saknussemnoreply@blogger.com