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MAS, AirAsia all set to ink partnership deal Posted: 06 Aug 2011 11:02 AM PDT 2011/08/06 KUALA LUMPUR: Malaysia Airlines is set to partner Asia's largest budget carrier, AirAsia, in a deal that would allow the Malaysian air carriers to better compete against regional rivals, particularly Singapore Airlines. The announcement is likely to be made by the government this week, by Wednesday at the latest, said a source close to the deal. "It's a done deal and it would mean we could compete better," he added.
This would involve Khazanah Nasional Bhd having stakes in both MAS and AirAsia's major shareholder, Tune Air Sdn Bhd. Khazanah Nasional Bhd declined to comment.
According to the data in planspotter.net, MAS has 96 aircraft, 18 under FireFly while AirAsia has 54 and AirAsia X operates 11 aircraft. Singapore Airlines has 106 aircraft. More destinations will also be covered should MAS and AirAsia pool their resources.
It is learnt that MAS will swap shares with AirAsia in a move that could see AirAsia chief executive officer Tan Sri Tony Fernandes getting a 20 per cent stake in the national carrier. This will allow both Malaysian carriers to rationalise their fleet frequencies and destinations within the country and abroad while ensuring MAS returns to becoming a premier airline. About a month ago, MAS surprised the market when it reported a first-quarter operating loss of RM267 million. This had led many analysts to forecast a net loss for the airline in the current financial year. MAS also hired Tan Sri Md Nor Yusof as its new chairman from Aug 1 this year. He was picked to be the airline's managing director in 2001 when it was near collapse and helped to push through a massive revamp to put the airline on a stronger footing. Another major airline in the region, Cathay Pacific, has 127 aircraft and flies to more than 111 destinations worldwide. Full Feed Generated by Get Full RSS, sponsored by Used Car Search. |
Posted: 06 Aug 2011 10:25 AM PDT 2011/08/07 Deputy Prime Minister Tan Sri Muhyiddin Yassin (second from left) and Deputy Minister in the Prime Minister's Department Datuk Ahmad Maslan (left) being briefed by Bukit Serampang assemblyman Tahir Taat at SMK Maokil, Labis, yesterday. With them is school principal Noor Hashimah Hassan. — Picture by Shahrul M. Zain The Education Ministry will look at these factors to determine why students continue to have a poor grasp of the English language.
"I have no answers for this problem. I will ask the (Education) director-general to review the English curriculum to find out the reasons behind the problem.
"They were concerned that English would be ignored and considered as unimportant.
During the visit, Muhyiddin presented awards to the school's top Sijil Pelajaran Malaysia students of last year. Full Feed Generated by Get Full RSS, sponsored by Used Car Search. |
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