MALAYSIAN AIRLINE SYSTEM BHD

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37 people like this.

15,107 comment(s). Last comment by wallstreetrookie 2020-04-18 11:57

Posted by naughtygirl > 2014-04-08 16:27 | Report Abuse

If you really want to make someone accountable, and make them resign, then there will be no ministers left in the cabinet.

Teh_Invest

475 posts

Posted by Teh_Invest > 2014-04-08 16:35 | Report Abuse

get the all fully rottens' out and get the least or not so rottens' in.

rajaumnok

74 posts

Posted by rajaumnok > 2014-04-08 16:44 | Report Abuse

Posted by Teh_Invest > Apr 8, 2014 04:35 PM | Report Abuse

get the all fully rottens' out and get the least or not so rottens' in.


exactly & our only hope is here...http://postimg.org/image/4dk8m7hnh/

rajaumnok

74 posts

Posted by rajaumnok > 2014-04-08 16:47 | Report Abuse

Posted by naughtygirl > Apr 8, 2014 04:27 PM | Report Abuse

If you really want to make someone accountable, and make them resign, then there will be no ministers left in the cabinet.

Bullseye, 100% correct to the point but you must remember that no matter how wrong or malu these UMNO/BN ministers will never resign.

morivae

441 posts

Posted by morivae > 2014-04-08 16:59 | Report Abuse

These had been the "culture" for 57year so don't expect any changes if there's no change in the leadership. Unless the opposition had the back-up from military or police forces, otherwise never ever think of any change government or so.

Refer to ALL the government toppled case from all over the world, the country only able to experienced a change because of back-up/support from either the police forces/military, as for Malaysia when even the suppose "nuetral" parties are picking side with BN so just hope the damages done by the corrupted could atless be minimized...

Lembusial

120 posts

Posted by Lembusial > 2014-04-08 23:39 | Report Abuse

The hunt for missing Malaysian Airlines Flight MH370 is on track to cost hundreds of millions of dollars, becoming the most expensive search in aviation history with 26 countries contributing planes, ships, submarines and satellites to the international effort.

A month into the search for the jet, estimates compiled by Reuters show that at least US$44 million (RM143 million) has already been spent on the deployment of military ships and aircraft in the Indian Ocean and South China Sea by Australia, China, the United States and Vietnam.

Lembusial

120 posts

Posted by Lembusial > 2014-04-08 23:40 | Report Abuse

The figure is based on defence force statistics on available hourly costs of various assets, estimates by defence analysts and costs reported by the Pentagon.

Lembusial

120 posts

Posted by Lembusial > 2014-04-08 23:40 | Report Abuse

The figure for the first month of the search is already about equal to the official 32 million euros (RM143 million) spent in searches lasting several months spread over a two-year time frame for Air France's Flight AF447, which crashed into the Mid-Atlantic in 2009.

Lembusial

120 posts

Posted by Lembusial > 2014-04-08 23:40 | Report Abuse

Just as salvage experts said the actual costs for the Air France operation could have been three or four times higher than the official figure, the bill for the current search is expected to run into hundreds of millions of dollars.

Lembusial

120 posts

Posted by Lembusial > 2014-04-08 23:41 | Report Abuse

The US$44 million estimate for MH370 does not cover all the defence assets being used by countries including Britain, France, New Zealand and South Korea, nor numerous other costs such as civilian aircraft, accommodation for hundreds of personnel and expenses for intelligence analysts worldwide.

Lembusial

120 posts

Posted by Lembusial > 2014-04-08 23:41 | Report Abuse

Britain dispatched a nuclear-powered submarine, HMS Tireless, to assist in the search, without disclosing the vessel's previous location.

Angus Houston, the retired Air Chief Marshal in charge of the Australian-led international search, said on Friday he would give an overall estimate of the cost at a later date.

"It's a lot of money," he said.

Lembusial

120 posts

Posted by Lembusial > 2014-04-08 23:41 | Report Abuse

Australian Prime Minister Tony Abbott, whose country is leading the search, and his Malaysian counterpart, Najib Abdul Razak, have repeatedly said the cost of the search is not an issue.

Still, Abbott has hinted that Australia, which has so far borne the brunt of the expense as the search homes in on the southern Indian Ocean off its western coast, may at some point be sending out invoices

Lembusial

120 posts

Posted by Lembusial > 2014-04-08 23:42 | Report Abuse

"It's only reasonable that we should bear this cost - it's an act of international citizenship," Abbott said last week.

"At some point, there might need to be a reckoning, there might need to be some kind of tallying, but nevertheless we are happy to be as helpful as we can to all the countries that have a stake in this."

Lembusial

120 posts

Posted by Lembusial > 2014-04-08 23:42 | Report Abuse

A Malaysian government source, who declined to be identified as he was not authorised to speak to the media, said the entire search and recovery for MH370 could be at least double the money spent to recover the black box from Air France's AF447.

Lembusial

120 posts

Posted by Lembusial > 2014-04-08 23:43 | Report Abuse

Australia has so far contributed around half of the cost, with ships and aircraft on duty for some three weeks. Its HMAS Success alone costs around A$550,000 (RM1.7 million) a day to operate, according to Australian Defence Force, or ADF, figures.

Lembusial

120 posts

Posted by Lembusial > 2014-04-08 23:44 | Report Abuse

"The search effort for MH370 is costing the ADF at least A$800,000 (RM2.4 million) per day and possibly considerably more than that," said Kym Bergmann, editor of Asia-Pacific Defence Reporter and a former government defence adviser.

Lembusial

120 posts

Posted by Lembusial > 2014-04-08 23:44 | Report Abuse

"While that might not sound like much compared with the ADF's annual sustainment budget of A$5 billion, if this continues for much longer other activities such as 'Operation Sovereign Borders' will be under pressure to find savings," he added, referring to the federal government's policy of turning back asylum seeker boats that approach from Indonesia.

Lembusial

120 posts

Posted by Lembusial > 2014-04-08 23:44 | Report Abuse

The other big spenders so far are China and the United States.

China, which was home to the majority of the 227 passengers on board the missing plane, has sent a total of 18 ships, eight helicopters and three fixed-wing aircraft to various search areas during the month-long hunt.

Beijing has declined to comment on how much it is spending on looking for the aircraft, saying only it is dedicated to keep searching "as long as there is a shred of hope".

Lembusial

120 posts

Posted by Lembusial > 2014-04-08 23:45 | Report Abuse

China has been sending two Ilyushin Il-76 aircraft, on alternate days, on sorties from RAAF Pearce Base near Perth for almost three weeks.

The Global Times, an influential tabloid published by the ruling Communist Party's official People's Daily, estimated that an Ilyushin Il-76 costs US$10,000 (RM32,525) an hour to keep in the air on fuel alone, not including money spent on maintenance or accommodation for the crews.

Lembusial

120 posts

Posted by Lembusial > 2014-04-08 23:45 | Report Abuse

Chinese warships would cost at least US$100,000 (RM325250) a day to operate, and most likely a lot more, the newspaper added.

"There's a lot of pressure in China to find the plane," said a Beijing-based Western diplomat. "China will spare no effort."

The Pentagon said last week that it had already spent more than US$3.3 million (RM10.7 million) on the search and has put in place plans to nearly double its original US$4 million budget (RM13million).

Lembusial

120 posts

Posted by Lembusial > 2014-04-08 23:46 | Report Abuse

As well as flying its P-8 surveillance planes out of Perth, the US Navy is playing an instrumental role via its high-tech underwater black-box detector equipment.

It has sent both its towed pinger locator, which this week picked up signals which may be from the missing plane's cockpit data recorders, and a Bluefin-21 autonomous underwater vehicle.

An earlier search in the South China Sea by Vietnam was estimated by local media to cost US$8 million (RM26 million), a figure that has not been verified by officials.

faralenz77

1,019 posts

Posted by faralenz77 > 2014-04-09 09:47 | Report Abuse

All the talking about spending on serching MH370, who is going to foot the bill for this?? MAS? Malaysian government????

Lembusial

120 posts

Posted by Lembusial > 2014-04-09 10:34 | Report Abuse

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.

Lembusial

120 posts

Posted by Lembusial > 2014-04-09 10:37 | Report Abuse

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.

Lembusial

120 posts

Posted by Lembusial > 2014-04-09 10:40 | Report Abuse

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.

Lembusial

120 posts

Posted by Lembusial > 2014-04-09 10:42 | Report Abuse

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.

skybursa

1,474 posts

Posted by skybursa > 2014-04-09 10:53 | Report Abuse

Nep will stay for another 200 years. Umno is playing the racial cards. One Malaysia was not really what it sounds like

Lembusial

120 posts

Posted by Lembusial > 2014-04-09 10:57 | Report Abuse

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.

Lembusial

120 posts

Posted by Lembusial > 2014-04-09 10:59 | Report Abuse

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.

rajaumnok

74 posts

Posted by rajaumnok > 2014-04-09 10:59 | Report Abuse

Posted by skybursa > Apr 9, 2014 10:53 AM | Report Abuse

Nep will stay for another 200 years. Umno is playing the racial cards. One Malaysia was not really what it sounds like


wait until Malaysia goes bankrupt & then they will realized. we just wait & see who had the last laugh.

Posted by naughtygirl > 2014-04-09 11:00 | Report Abuse

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."

FatFLOM

195 posts

Posted by FatFLOM > 2014-04-09 11:01 | Report Abuse

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!

ganneeneh

180 posts

Posted by ganneeneh > 2014-04-09 11:02 | Report Abuse

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.

ganneeneh

180 posts

Posted by ganneeneh > 2014-04-09 11:07 | Report Abuse

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.

Posted by naughtygirl > 2014-04-09 11:08 | Report Abuse

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.

Posted by Fortuneball > 2014-04-09 11:13 | Report Abuse

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.

Posted by Fortuneball > 2014-04-09 11:15 | Report Abuse

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.

tewnama

4,251 posts

Posted by tewnama > 2014-04-09 11:19 | Report Abuse

MAS ialah khidmat nasional. kalau tak ada MAS, mana ada kapalterbang pergi kawasan pedalaman. sama macam KTM. Debat ini tidak ada penghujung. Kita semua tahu apa masalah tapi masalah ini bukan sedang diselesaikan ataupun tidak boleh diselesaikan. MAS tutup kedai? tak semudah itu. Kita cakap cakap sini senang aje. Yang tak dapat dinafikan ialah Negara yg rugi.

Kannibu

274 posts

Posted by Kannibu > 2014-04-09 11:21 | Report Abuse

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.

Posted by betulbetuicakap > 2014-04-09 11:22 | Report Abuse

tewnama, itu MAS khidmat atau khianat national?

tewnama

4,251 posts

Posted by tewnama > 2014-04-09 11:28 | Report Abuse

Kannibu, ada betul cakap. jika kamu di lantik mengetuai RCI, ok tak? Elaun hanya RM1,000 aje, rela tak? ini kan khidmat nasional untuk kebaikan Negara.

Posted by naughtygirl > 2014-04-09 11:44 | Report Abuse

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.

Posted by Thomasleee > 2014-04-09 13:37 | Report Abuse

Where are all the Red Bean Army cybertroopers? Now that MH370 confirm ended in Indian Ocean. Latest news confirm that MH370 blackbox has been located. Anwar will face backlash for his lies.

gozilla88

408 posts

Posted by gozilla88 > 2014-04-09 15:01 | Report Abuse

buy mas now... tp 0.30 shortly.... the worst for mas is over....

Posted by Steven Lee > 2014-04-09 15:16 | Report Abuse

The worst for Mas is starting....

Hgng

3 posts

Posted by Hgng > 2014-04-09 15:47 | Report Abuse

Houston said he wanted to be very careful about misinforming the families of the MH370 passengers.

He would therefore not make any commitment that the team has found the missing Boeing 777, reiterating that it will only do so once the wreckage can be sighted by a sonic and video-equipped automatic underwater vehicle (AUV), such as the Bluefin-21. Malaysiakini

skybursa

1,474 posts

Posted by skybursa > 2014-04-09 17:15 | Report Abuse

Invest now die later. Umno good at nothing but digging into bank account. Avoid mayday mayday

keithchan

367 posts

Posted by keithchan > 2014-04-09 23:20 | Report Abuse

Tourism and Culture Minister Datuk Seri Mohamed Nazri Abdul Aziz (pic) said to date, many Chinese tourists had cancelled their visit to Malaysia.

In fact, no future flight booking had been recorded for the China-Malaysia flight, he said.

keithchan

367 posts

Posted by keithchan > 2014-04-09 23:21 | Report Abuse

As such, Nazri said the ministry would postpone all promotions and 2014 Visit Malaysia Year roadshows to give due respect to the incident.

"We were doing well for January and February. But of course, the MH370 incident has definitely affected Malaysia's tourism.

keithchan

367 posts

Posted by keithchan > 2014-04-09 23:22 | Report Abuse

"But what is important is that we sympathise with the families of the passengers on board MH370, and the question of whether we will continue our campaign in China does not arise for the moment. I think we must respect the sensitivity issue.

"So long as there is no closure to MH370, I do not see the suitability of us continuing the campaign in China," he told a media conference before opening the Asean Socio-Cultural Community Session in Kuala Lumpur today.

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