Jomo: Tough to resuscitate MAS in current business conditions

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Malaysia Airlines fell two spots to 36th in Skytrax's latest annual World's Top 100 Airlines survey.

The capital-intensive nature of the airline business, especially with the current business conditions, makes it more difficult to resuscitate Malaysia Airlines Bhd.

Hence, the move to resuscitate the national carrier amid the difficult business environment is a tough call, especially when the odds are against it, he opined. IATA, which represents some 290 airlines comprising 82 percent of global traffic, now expects the industry to generate US$28 billion profit ‒ almost US$8 billion less compared to its December 2018 forecast which stood at US$35.5 billion.

“It’s not just the change of management, lots of other things are wrong with the airline, which have to be corrected,” the prime minister said.

 

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Its actually very simple.. Just dont give Malaysians a choice by closing down AirAsia.

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