MAS to unveil business plan soon
Publish date: Fri, 18 Nov 2011, 08:28 PM
Malaysia Airlines (MAS) says it will unveil its business plan soon and was taking great care to avoid hasty decisions that may hamper its execution.
MAS has been actively finalising its business plan blueprint from the day its group chief executive officer, Ahmad Jauhari Yahya, commenced his tenure in the company on September 19, the national airline company said in a statement in Kuala Lumpur today.
The statement was issued in response to a news report in the local media that the group was taking longer than expected to unveil its turnaround plan.
MAS said the turnaround exercise involved a comprehensive review of all the business processes for a decisive action plan with radical changes that would really work.
It is not the intention of the airline to delay in this aspect as it recognises the urgent need to execute a carefully sequenced business plan to move the national carrier back to profitability, MAS said. -- Bernama
MAS has been actively finalising its business plan blueprint from the day its group chief executive officer, Ahmad Jauhari Yahya, commenced his tenure in the company on September 19, the national airline company said in a statement in Kuala Lumpur today.
The statement was issued in response to a news report in the local media that the group was taking longer than expected to unveil its turnaround plan.
MAS said the turnaround exercise involved a comprehensive review of all the business processes for a decisive action plan with radical changes that would really work.
It is not the intention of the airline to delay in this aspect as it recognises the urgent need to execute a carefully sequenced business plan to move the national carrier back to profitability, MAS said. -- Bernama
Labels: MAS
Discussions
Be the first to like this. Showing 17 of 17 comments
From MSA splited into SIA and MAS and gave birth to Pelanduk Airways (supposed to be Budget Airways in the early days)
2011-11-19 00:36
The worse thing is, when MAS was under-performing, its Directors were still receiving hefty bonuses. In the end the government just pumped in more money to them.
2011-11-19 08:26
Most of the GLC are doing community service as they put their cronies or networking group to the top post and draw fat bonus, salary and renumerations. They cannot even produce the business plan on time. How to perform BIG THINGS when such a small business plan cannot submit on time. Normally those big corporate compsnies engage the CONSULTANTS and paid them well out of the taxpayer money. WHO CARES!!!!
2011-11-19 15:47
Well said brother stephenlee, bulls eye. And please compare MAS with SIA now...we are left very far far behind SIA. In Sinagpore SIA, they employ the world's best people to do the job & not like Malaysia. And now Singapore SIA is one of the world's best profit making airline company.
MAS, "eat your heart out".
2011-11-20 04:19
If we compare the financial statements of MAS & SIA for the past 5 years, it speaks for itself.
2011-11-20 04:32
gone are those good days of MAS when datuk aziz was the ceo..after him the company is completely going down
2011-11-21 10:35
MAS sh0uld have closed shop and all the staff and the asset transferred to firefly
2011-11-21 11:44
basmas97. steplenlee well said. but who cares of your comments. Maybe you are jeleous and how often you fly with mas.
2011-11-21 17:25
urm, maybe problem with the name/feng shui? MAS = May our/the Aviation Sink? :) ok ok, just kidding :)
2011-11-21 23:52
MAS... have a good product BUT third world mentality management. All stupid and cronies in there... dont know even the principle of profitability. Next to unveil more craps..
2011-11-22 08:18
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MAS...damn lousy company compare SIA
2011-11-19 00:22