Strong headwinds swirl around AirAsia-MAS merger

Talk of a merger between AirAsia and MAS re-emerged in a news report on Friday.

“AirAsia appeals to the tourists market, students, pensioners and migrant workers, among others,” he said, while MAS appeals to the corporate sector such as civil servants who travel on government warrants, business travelers and high end tourists. Talk of a possible merger arose on Friday when senior minister Mohamed Azmin Ali told Reuters the proposal was one of the options to “save” the two airlines as the Covid-19 crisis batters the industry.

Harridon said there is also a clash of two different working cultures and philosophies. “One has to decide on how to approach this delicately as this involves employees of both sides,” he added.

Has the so called experts made any bsse assumption of the viability of the merged airline over the next 3 years. Will it not be best to allow bankruptcies and then rebuild when there is s chance of that the new airline can operate profitably?

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Putrajaya looking into possible MAS-AirAsia merger | The Malaysian InsightAzmin Ali says govt looking at best way to save both airlines. Flip flop Please keep this idea in your mind first until something is firm and ready. Sell AA.
Источник: msianinsight - 🏆 8. / 63 Прочитайте больше »

Azmin: AirAsia, Malaysia Airlines merger an optionAzmin said deliberations would soon take place on various options to help out the country’s airline industry. It will lead to a monopoly of the price . Customers will not benefit azminali get your priorities sorted out Priority is to help farmers and food suppliers to distribute their produce . Not some Airline owner that offset $250m of shareholders money into their personal sports hobbies Don’t need MAS. It’s a charity not a real business.
Источник: staronline - 🏆 4. / 75 Прочитайте больше »