Sunday, August 31, 2014

Malaysia Airlines to be killed and be given rebirth

Khazanah Nasional has given 12 point plans for the national carrier to have new image and come out from red.

First of all, the current company, MAS will be delisted in December 2014.

2. New company will be formed and expected listing will be b December 2017

3. RM6 billion has been estimated to revive the airlines

4. 30% or 6,000 staffs will be given Voluntary retirement scheme or layed off.

5. New management will be introduced in 2015. Ahmad Jauhari will be the CEO will June 2015

6. The middle management will be strengthen

7. The airlines to become a premium airlines (similar to ethihad and emirates)

8. Cost efficient measures to be introduced

many more.

I just feel, this measures could have been taken way before, rather than doing it now. Especially, on number of staff, should have been given more focus, to ensure the staff are doing their job right and whether the task need the right number of staff strength.

In addition, We are challenged by Air Asia and Malindo and sometimes, Tiger and Cebu for low cost flights. But MAS focus should be to challenge Emirates, Qatar and SIA.

For employees, I'm sure, some or many looking for MSS or VSS. It would be a good return for short term, especially, those whom are reaching towards retirement age.

Nevertheless, for staff whom are going to continue to work under restructuring process, it will be a good learning point which will become their selling point.

I hope the curse to the airlines will end this year. 

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