Silver_blade Turbocharged February 6, 2020 Share February 6, 2020 On 10/27/2019 at 11:45 AM, Playtime said: But why would China want another airline? Especially one so deep in racial politics. My guess it is probably part of China's economy 'invasion'. Malaysia may find themselves owing China too much debt and will allow china freer access to their natural resources. ↡ Advertisement Link to post Share on other sites More sharing options...
Blueray Hypersonic February 10, 2020 Share February 10, 2020 Cover Story: MAS-AirAsia marriage – once bitten, twice shy? https://www.theedgemarkets.com/article/cover-story-masairasia-marriage-–-once-bitten-twice-shy Link to post Share on other sites More sharing options...
Soya Supersonic February 10, 2020 Share February 10, 2020 To cut a long story short; ask for offset here offset there, tahan until next GE, pass the problem to the next govt when PH gets kicked out, current cronies walk away w a bundle from these offsets. And then throw smoke bomb n blame Sg for something ridiculous like SQ stealing their profitable customers, SQ sabo them, etc and no one remembers the offsets.... 1 Link to post Share on other sites More sharing options...
Thaiyotakamli Supersonic February 10, 2020 Share February 10, 2020 On 10/27/2019 at 11:45 AM, Playtime said: But why would China want another airline? Especially one so deep in racial politics. If i tell you lion air belong to china would you believe? Link to post Share on other sites More sharing options...
Soya Supersonic February 14, 2020 Share February 14, 2020 On 2/10/2020 at 4:05 PM, Thaiyotakamli said: If i tell you lion air belong to china would you believe? So is it? Link to post Share on other sites More sharing options...
Thaiyotakamli Supersonic February 14, 2020 Share February 14, 2020 2 hours ago, Soya said: So is it? $$$ from china, main investor. My friend working in lion air as pilot 1 Link to post Share on other sites More sharing options...
Soya Supersonic February 14, 2020 Share February 14, 2020 2 hours ago, Thaiyotakamli said: $$$ from china, main investor. My friend working in lion air as pilot No surprises. Somemore indo biz can offset here offset there. Huat ar! Link to post Share on other sites More sharing options...
Thaiyotakamli Supersonic February 14, 2020 Share February 14, 2020 28 minutes ago, Soya said: No surprises. Somemore indo biz can offset here offset there. Huat ar! Remember Of the recent the lion air crash of b737 max? The plane was a lease plane from china company now lion air has 40% shares in vietnam airlines, opening up airline in netherland and also planning acquisition for one of the indian airlines Link to post Share on other sites More sharing options...
Blueray Hypersonic February 17, 2020 Share February 17, 2020 Malaysia regulator fears airline expansion curbs after FAA downgrade Quote China, South Korea and Japan all stopped Thailand-based airlines from flying charters and new routes because of safety concerns raised by the International Civil Aviation Organization, which was followed by the FAA downgrade. MAVCOM Chief Operating Officer Azmir Zain said Malaysian carriers could lose as much as 4 billion ringgit (US$966 million), or 24 per cent of their revenue a year, if China, Japan and South Korea took the same restrictive steps against them. Malaysia's airline industry is dominated by state-owned Malaysia Airlines, AirAsia Group Bhd and its long-haul arm AirAsia X Bhd . https://www.channelnewsasia.com/news/business/malaysia-regulator-fears-airline-expansion-curbs-after-faa-downgrade-12422192 Link to post Share on other sites More sharing options...
Blueray Hypersonic April 7, 2020 Share April 7, 2020 Khazanah committed to support Malaysia Airlines Quote KUALA LUMPUR: Khazanah Nasional Bhd has reaffirmed its commitment to continue supporting Malaysia Airlines Bhd, via its parent company Malaysia Aviation Group Bhd. A source from Khazanah said the support is deemed as ‘strategic needs’ of Malaysia to maintain air links amid the Covid-19 crisis. “It is still uncertain at this point in time. However, we could not determine (quantify) on our assistance that will be extended to the national carrier,” he told the New Straits Times on condition of anonymity as the matter discussed was confidential. Airline is an important mode of transportation for tourism with a multiplier effects to the local economy, contributing the third largest in gross domestic product (GDP). “Strong air connectivity fuels the country’s economic growth, enabling it to attract business investment and human capital, while boosting tourism sector,” another source said. Malaysia’s economy was boosted with a total of RM84.1 billion in tourist receipts backed by expenditure from 25.83 million of international tourists who visited Malaysia throughout 2018, according to Tourism Malaysia data. For the first nine-month of 2019, international tourist arrivals increased 3.7 per cent year-on-year (YoY) to 20.1 million and tourist expenditure increased 6.9 per cent to RM66.14 billion. https://www.nst.com.my/business/2020/04/581692/khazanah-committed-support-malaysia-airlines Private firm bids $3.58 billion for holding company of Malaysia Airlines Quote KUALA LUMPUR (REUTERS) - Privately held Golden Skies Ventures (GSV) has made a US$2.5 billion (S$3.58 billion) offer to fully take over the holding company of ailing state carrier Malaysia Airlines, with financing from a European bank, its executives told Reuters on Monday (April 6). Malaysian firm GSV made the proposal a month ago, as airlines around the world were hammered by travel restrictions following the coronavirus pandemic. "(We have secured) in excess of US$2.5 billion from the bank. We will take about three to four months to get the long-term financing," chief executive Shahril Lamin told Reuters in a phone interview. https://www.straitstimes.com/asia/se-asia/private-firm-bids-s358-bil-for-holding-company-of-malaysia-airlines 1 Link to post Share on other sites More sharing options...
Soya Supersonic April 9, 2020 Share April 9, 2020 On 4/7/2020 at 9:34 AM, Blueray said: Private firm bids $3.58 billion for holding company of Malaysia Airlines https://www.straitstimes.com/asia/se-asia/private-firm-bids-s358-bil-for-holding-company-of-malaysia-airlines Wahahaaaa.....their new business model is ahemmm, business as usual. Bolehland gahmen still in control, no reduction in staffing, no new ideas except now got the magical hands of some ex-employees. Hmmm...but maybe that's the whole idea? 10% 'offset' from that $3.58B super huat liao.....lol Link to post Share on other sites More sharing options...
Blueray Hypersonic April 12, 2020 Share April 12, 2020 Malaysia Airlines and Khazanah in talks with govt seeking more funds Quote [KUALA LUMPUR] Malaysia Airlines and sole owner Khazanah Nasional, the country's sovereign wealth fund, are in talks with the government seeking additional funds to help the airline pull through the coronavirus pandemic, according to The Edge weekly. The weekly reported on Saturday that Malaysia Airlines declined to disclose the amount sought, and said it was difficult to ascertain the immediate amount of funding required to keep the carrier operating as the outbreak situation continues to evolve. The Malaysian government has been seeking a strategic partner for its financially ailing national airline, which has struggled to recover from two tragedies in 2014 - the mysterious disappearance of flight MH370 and the shooting down of flight MH17 over eastern Ukraine. "We are working closely with our (sole) shareholder, Khazanah, and the government on the financial support needed to sustain Malaysia Aviation Group (MAG) through this crisis," a spokesman for the airline said, according to The Edge. https://www.businesstimes.com.sg/transport/malaysia-airlines-and-khazanah-in-talks-with-govt-seeking-more-funds Link to post Share on other sites More sharing options...
inlinesix Supersonic April 12, 2020 Share April 12, 2020 2 minutes ago, Blueray said: Malaysia Airlines and Khazanah in talks with govt seeking more funds https://www.businesstimes.com.sg/transport/malaysia-airlines-and-khazanah-in-talks-with-govt-seeking-more-funds Khazanah Directors 1 Link to post Share on other sites More sharing options...
Mockngbrd Supersonic April 12, 2020 Share April 12, 2020 1 3 Link to post Share on other sites More sharing options...
Blueray Hypersonic April 19, 2020 Share April 19, 2020 Malaysia Airlines-AirAsia merger an option to save them: Minister Quote KUALA LUMPUR • Merging money-losing state carrier Malaysia Airlines Berhad (MAB) with budget airline AirAsia Group Berhad is one of the options to "save" them as the Covid-19 crisis batters the aviation industry, Malaysia's second-most senior minister said yesterday. The pandemic that has killed at least 146,000 people around the world has led to lockdowns in many countries, brought air travel to a virtual halt and left airlines battling for survival. Datuk Seri Azmin Ali, Malaysia's Minister of International Trade and Industry and the government's designated second-in-command, said deliberations would soon take place on various options to help out the country's airline industry. https://www.straitstimes.com/asia/se-asia/malaysia-airlines-airasia-merger-an-option-to-save-them-minister 1 Link to post Share on other sites More sharing options...
inlinesix Supersonic May 19, 2020 Share May 19, 2020 https://www.malaysiakini.com/news/526419 Quote MAB Kargo profits from soaring demand for medical gloves Link to post Share on other sites More sharing options...
Datsun366 Turbocharged May 19, 2020 Share May 19, 2020 Link to post Share on other sites More sharing options...
Atonchia Supersonic May 19, 2020 Share May 19, 2020 4 hours ago, inlinesix said: https://www.malaysiakini.com/news/526419 Medical Gloves??? You sure? Thought world largest manufacturer of Condoms, AKA Magical Gloves is MY ↡ Advertisement Link to post Share on other sites More sharing options...
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