I hope MAS will fly high by putting all political agendas aside. Come back to basic of comtemporary management core value : Maximize Shareholder and Stakeholder Value
Forget about mas lama,whether mas baru will succed or not,all of us have to wait and see.But we have finally seen some bold and unpopular actions taken now.
Airline business is, and will remain as, the worst business for investment in the world simply because it has extremely high intensity of competition in the turnover and super speculative cost structure that eats into the bottom line, and it will not change in the next 500 years. Everything is unpredictable in an airline business -- passenger load, fuel prices, forex fluctuation, you name it. And worst still, by taking that kind of risks, the return of investment is terribly low.
Mr Koon is absolutely right that MAS is operating as a national pride, not a business. There is no commercial reason for MAS to exist regardless of how capable Mr Mueller is. The most reasonable target for Mr Mueller is: (1) achieve return on investment (ROI) at slightly higher than government-bond interest rates, and (2) preserve and enhance the branding of MAS, which is hard enough to achieve.
As long as muller is still there then no probelm for MAS, but once he leaves sure political hands are going to spoil the MAS airline again, the CYCLE will return again
Actually before muller MAS was making money, the staffs overabused everything example overtime, and unnecessary allowances, and mismanage by higher authority.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Jian Bin Siew
238 posts
Posted by Jian Bin Siew > 2015-05-31 07:54 | Report Abuse
I also hoping MAS can fly high. If cannot fly high, then no need to fly.