Expect taxpayers to pay for MAS to soar again
YOURSAY ‘Things are likely to get far worse for MAS before they can get better.’
CEO vows to send MAS soaring again soon
Magnus: Malaysia Airlines (MAS) obviously suffers from serious structural management, union and employee relationship issues as it has been running at a big loss over the past few years.
It now also has the unexpected MH370 disaster on its books to add to its business miseries.
The cause of that tragedy is also unknown as the plane and its black box have not yet been found. So saying that MAS will be able to sort all these serious problems out in six months is far too optimistic and a totally unrealistic expectation.
If anything, things are likely to get far worse for MAS in the immediate short term before they can start to get better, that is assuming management and employees can sit down together, put differences aside, make hard decisions, remove NEP (New Economic Policy) blockers and start working together in the common interest of saving the airline and its prospects for making profits.
That is a very tall turnaround order indeed even if chief executive officer Ahmad Jauhari Yahya (AJY) is a magician or a real business wizard.
Swipenter: AJY is not resigning until he gets MAS soaring again. Yes, you heard it right. This is nothing exceptional but the rule in Bolehland where Umno-BN politicians and their cronies all stay to make things right after messing up the everything.
No house cleaning but just business as usual. Responsibility and accountability are two rare gems in Bolehland.
Dignity, self-respect and ethics are not cherished here because they don't buy you fancy bungalows, luxury cars, SYT (sweet young things), exotic holidays, branded clothes, shoes and flashy accessories - all the "good" things in life.
Moontime: MAS soaring again? With the kind of management team, corporate culture of mismanagement, gross inefficiency and wastage, union troubles to mention a few, good luck in turning the company around.
The cynic in me is detecting another massive bailout in the making soon for this blundering behemoth of a company which just can't get its act together due to political interference and the sickening attitude:
"It's alright. Don't worry. No matter how bad things are, the government will always bail us out. They have to because we are carrying the Malaysian flag."
Appum: Ahmad Jauhari is sending everyone a message regarding his resignation, isn't he? When in our history has any Umnoputra/crony taken responsibility for any GLC (government-linked company)/corporate fiasco? Vow? Wow!
Pahatian: Even before MH370 disappeared, MAS was already losing billions of ringgit. With the disappearance of MH370, its reputation and a slice of the market is lost.
How in the world can the present CEO turn MAS around and make it soar again when he failed to do it earlier? What crap is he talking? There is no other option except that his head must roll.
Donplaypuks: Independent of the MH370 tragedy, MAS lost RM1.17 billion in the last financial year.
Before that Ahmad Jauhari said that MAS had turned around and predicted it to return to profitability in 2014. Now, he should resign as in 2014/2015, MAS will lose even more billions.
Lionking: Ahmad Jauhari, I really doubt you can help the airline. It is not the job of one person. It has to involve everyone in MAS.
With losses of RM1.7 billion last year, it is a mammoth task to overcome the damage. This damage did not come overnight but after 20 years of ‘sodomising’ the airline.
The improvement will take ages and it’s probably cheaper to liquidate the company. What a shame, a wonderful product being destroyed over the years by firstly incompetency and then probably corruption, and of course politics BN-style.
J Ng: MAS definitely needs a total overhaul in the way it is run. And there is no point doing it if the management is subjected to political interference. Replacing the present CEO alone is not going to solve MAS financial woes.
A new replacement may be even more vulnerable to external interference. Ahmad Jauhari should now stand firm on his integrity and principles to fully rectify the problems without fear and favour.
And for MAS to soar high, the CEO’s effort can only materialise with full and sincere government support. Dead wood, unnecessary operating costs and procedures, top secret procurement, etc, must first be removed.
James1067: It looks like it is back to business as usual as if nothing had happened. The billion ringgit law suits will be happily paid by the taxpayers and those enjoying the benefits from MAS will keep doing what they were doing.
Manajustice: Interesting comment by the CEO - the "airline needs to get itself together". This is what all the past CEOs have been saying for the last few decades and we are pretty fed up.
Odin: Ahmad Jauhari, there is no harm in dreaming. I am dreaming, too - I am dreaming of jumping over a bar set four metres above ground without using a pole vault, and I have no doubt that I will be able to do it.
Dr Suresh Kumar: This is a tragedy of unimaginable proportions yet no one is being held accountable. Over the years we have witnessed tragedies like the Highland Tower, cracks in MRR2, stadiums collapsing, hospital roofs being blown off, extrajudicial killings, deaths in custody, white elephant projects, inflated cost of projects and many more, but no one individual has been held accountable, despite our auditor-general coming up with reports of abuses year in and year out.
Even if a person is charged, he is let off with a mere slap on the wrist. I urge the people of Malaysia to force the authority to form a RCI (royal commission of inquiry) on the missing MH370.
We should not compromise this time around and let those who slept on the job go scot-free. Heads must roll and we must prove to the world that is watching us with trepidation that Malaysians care for the 239 souls on MH370.
Anonymous 007: And will he resign if he cannot do it in six months?
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