Malaysia Airlines Is Burning $2 Million Every Day as Flights Go Empty
#19
Join Date: Oct 2013
Posts: 537
As for rationality, Passengers aren't rational. Doesn't matter if statistically being in another crash on MAS is close to nil, the image and reputation is now firmly stuck in the public mind of MAS being a dangerous airline. Unfair to MAS? Perhaps, but that is how the world works.
The airline would have certainly gone under if it weren't for the fact that is the flag carrier of the country. Now the Malaysian government is taking it private and bailing it out. Will it work? The airline has attempted restructure before, and the results on the spreadsheet are evident for all to see. There is too much resistance to reform and change within the airline. I fear MAS will remain nothing but a money drain on the government and nothing more. Let's hope I am wrong on that last point.
#20
Join Date: Apr 2012
Posts: 1,726
just booked a flight to shanghai at 300USD, much cheaper than any of the competitors. anyway, i am quite happy with my flight experience last year.
while the flights out of KL are empty, the flights between SIN and KUL are very full and that limits their ability to sell more outward bound flight. no idea why they refuse to fly the bigger planes on the peak season to fill up their mid-long haul flights.
while the flights out of KL are empty, the flights between SIN and KUL are very full and that limits their ability to sell more outward bound flight. no idea why they refuse to fly the bigger planes on the peak season to fill up their mid-long haul flights.
#21
Join Date: Feb 2005
Posts: 858
I won't be surprised if a 3rd hull loss happens. Not that I wish for it to happen.
#22
Join Date: May 2003
Location: Singapore
Programs: QF LTG, SQ EGTP, Bonvoy LTG
Posts: 4,844
Yep exactly what I'm finding too. Can't get medium-long hauls that are wide open, simply because SIN/KUL or KUL/SIN is full, especially the 23:00 ex KUL or 06:40 ex SIN that connect to or from a range of flights.
#23
FlyerTalk Evangelist
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Location: Austin, Texas
Programs: Airline nobody. Sad!
Posts: 26,062
#24
Join Date: Sep 2012
Location: Kuching, Malaysia. Perth, Australia.
Programs: MH-Plat OWE, HH-Diamond, SPG-Plat, MR-Plat, IHG-PlatAmb
Posts: 155
This is Malaysia Airlines you are talking about. It is totally irrational for passengers to continue to fly with them. The service is bad, the lounge is dirty, and everybody working there are either downright dumb or incompetent.
I won't be surprised if a 3rd hull loss happens. Not that I wish for it to happen.
I won't be surprised if a 3rd hull loss happens. Not that I wish for it to happen.
#25
Media brewing a storm?
Hi,
Just read this and clicked through to one of the twitter account WanPingCoombes which led to her Instagram account and this is what she commented
"Woke up to this picture in the media! For anyone who has been on a plane knows, family with children get boarded first, the flight was not empty, it was in fact full. It’s really sad that a thank you on a kind upgrade that I was offered is being used to attack an airline which has had such a difficult time. We should be offering support and compassion"
http://instagram.com/p/sMlrH_OqCt/
If this is true, it is really sad that the media somehow is driving the knive deeper into the situation of MH.
Cheers!
Just read this and clicked through to one of the twitter account WanPingCoombes which led to her Instagram account and this is what she commented
"Woke up to this picture in the media! For anyone who has been on a plane knows, family with children get boarded first, the flight was not empty, it was in fact full. It’s really sad that a thank you on a kind upgrade that I was offered is being used to attack an airline which has had such a difficult time. We should be offering support and compassion"
http://instagram.com/p/sMlrH_OqCt/
If this is true, it is really sad that the media somehow is driving the knive deeper into the situation of MH.
Cheers!
#26
FlyerTalk Evangelist
Join Date: Nov 2007
Location: Denver • DEN-APA
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Posts: 21,593
Granted it was only one experience, but service on our KUL-LHR A380 flight last December was excellent.
#27
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Join Date: Jul 1999
Location: ORD/MDW
Programs: BA/AA/AS/B6/WN/ UA/HH/MR and more like 'em but most felicitously & importantly MUCCI
Posts: 19,718
This is Malaysia Airlines you are talking about. It is totally irrational for passengers to continue to fly with them. The service is bad, the lounge is dirty, and everybody working there are either downright dumb or incompetent.
I won't be surprised if a 3rd hull loss happens. Not that I wish for it to happen.
I won't be surprised if a 3rd hull loss happens. Not that I wish for it to happen.
The MH brand is badly damaged obviously but the product and service fundamentals are excellent and they need a comeback / redemption strategy.
#29
Join Date: Aug 2013
Posts: 390
Chinese bookings on MH were down 60% after the first accident.
Asian's are HUGELY superstitious, good and bad fortune is deeply rooted in to Asian cultures and fate is a very real consequence of making a wrong choice. It is not 'Luck' like westerners think of it, it is deeper than that.
MH was loosing BIG before the accidents, in 05 it lost $400 Million, in 2012 it was loosing $800 million. After the split Singapore Airlines took the more profitable longer routes and MH was left largely regional, increasingly squeezed by the huge growth of low cost carriers.
If MH want to continue, they MUST offer a better service, at a loss for a decade.
Asian's are HUGELY superstitious, good and bad fortune is deeply rooted in to Asian cultures and fate is a very real consequence of making a wrong choice. It is not 'Luck' like westerners think of it, it is deeper than that.
MH was loosing BIG before the accidents, in 05 it lost $400 Million, in 2012 it was loosing $800 million. After the split Singapore Airlines took the more profitable longer routes and MH was left largely regional, increasingly squeezed by the huge growth of low cost carriers.
If MH want to continue, they MUST offer a better service, at a loss for a decade.
#30
Join Date: Jan 2009
Location: WAS
Programs: AA EXP2M, DL 1MM DM ext, UA PP <=> HH G/Marr PE/Hyatt G/IHG P FT RA ( Recovering Addict)
Posts: 4,596
It is all relative
Air India got a $40 Bn bail out from the Indian Govt
It was nationalized in 1974 I think.
40 yrs = 40 Bn; so 1 yr = 1Bn
or about $3M a day I think, even with FULL flights!
The Malaysians still have quite a way to go to reach them.
I could be wrong, if someone can search the extent of bailout, we will have some better numbers
Jet was bailed out for 250M I think, just peanuts.
It was nationalized in 1974 I think.
40 yrs = 40 Bn; so 1 yr = 1Bn
or about $3M a day I think, even with FULL flights!
The Malaysians still have quite a way to go to reach them.
I could be wrong, if someone can search the extent of bailout, we will have some better numbers
Jet was bailed out for 250M I think, just peanuts.