Analysts suggest MH should shut down after failing to be profitable
Mar 12, 2019, 10:31 am
#16
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no more analysts, the prime minister have talked.
KUALA LUMPUR: The Malaysian government is considering whether to shut, sell or refinance national carrier Malaysia Airlines, Prime Minister Mahathir Mohamad said on Tuesday (Mar 12).
The government was studying options for the national carrier, and a decision should be made “soon”, Mahathir said, when asked about suggestions by analysts that the airline be shut down or spun off.
"It is a very serious matter to shut down the airline," Mahathir told a news conference at parliament.
"We will nevertheless be studying and investigating as to whether we should shut it down or we should sell it off or we should refinance it. All these things are open for the government to decide."
The airline has been trying to transform its operations and return to profitability by 2019 as it recovers from two disasters in 2014, when flight MH370 disappeared in what remains a mystery and flight MH17 was shot down over eastern Ukraine.
Sovereign wealth fund Khazanah Nasional, which took Malaysia Airlines private in 2014, said the government needed to decide on its investment in, and level of support for, the struggling airline.
Last edited by NewbieRunner; Mar 13, 2019 at 4:38 am Reason: Merged two similar posts
Mar 12, 2019, 1:41 pm
#17
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Mar 12, 2019, 3:06 pm
#18
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I hope they continue as I find them to be a great airline and have several flights booked right up to Feb 20. They certainly don’t feel like a failing airline to me.
Mar 12, 2019, 7:49 pm
#19
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certainly stopped me making a new booking in business from London. keeping my fingers crossed for my return flight this year.
this announcement could be the kiss of death
Mar 12, 2019, 8:06 pm
#20
Join Date: Dec 2012
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I'm not sure if it's downright false and misleading but actually the likelihood of them shutting down the flag carrier is almost zero. Can you imagine Singapore Airlines (which along with MAS came from Malaysia-Singapore Airlines) being the only major carrier for those two nations? The stick that Mahatir would have to endure would be unbearable for him. Also, you just have to look at those great state car companies - Proton and Perodua to see what the Malaysian state does for failing companies.
Mar 12, 2019, 8:16 pm
#21
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Following from SQTraveller's point: regardless of how good (or bad, if more appropriate) they may be, Tony Fernandez's AirAsia and Lion... er, Malindo Air cannot fill the national carrier role.
Last edited by crackjack; Mar 12, 2019 at 10:37 pm
Mar 12, 2019, 9:45 pm
#22
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Personally while AirAsia doing great, but I won't fly them unless they are the sole service provider to the destination that oneworld carrier cannot fill my need. Mainly due to the hand carry (inconsistent) policy issue and one very bad experience in luggage delay. And Malindo Air reservation system and overall customer service just completely pissed me off few months back...
For connecting from international to Malaysia domestic, I don't think these two Airlines can do an average job.
Just don't forget that if MH is shutdown, that's mean MASwing most likely gone too, so say sorry to all remote sarawakian and sabahan.
For connecting from international to Malaysia domestic, I don't think these two Airlines can do an average job.
Just don't forget that if MH is shutdown, that's mean MASwing most likely gone too, so say sorry to all remote sarawakian and sabahan.
Mar 13, 2019, 2:50 am
#23
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I personally avoid AA and never flown with them in Malaysia. Looked at fare for a flight in Thailand last year and to checkin my bag was nearly as much as the train fare , no meal no leg room and when I went through the booking process out of interest up to the pay page suddenly the price had gone up and had to find what to uncheck - what a con. Flew with Thai Smile instead and very happy with them.
As for long haul with AA no thank you
i have seen a lot of criticism of MAS but my business class experience has been all positive. However if like Etihad they cut back the quality they will loose bums on seats then have to lower prices, cut costs loose more bums... a never ending downward spiral
As for long haul with AA no thank you
i have seen a lot of criticism of MAS but my business class experience has been all positive. However if like Etihad they cut back the quality they will loose bums on seats then have to lower prices, cut costs loose more bums... a never ending downward spiral
Mar 13, 2019, 4:51 am
#24
Join Date: Jul 2005
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You can, but they are merely codeshares with MH - I bought one some years back but that connected to a JL Longhaul coupled with another AA domestic leg. By and large though, MH prime numbers are easier to purchase.
As for long haul, i don't think they're bad at all since the refits. Probably below CX TPAC, but they're usually keenly priced.
As for long haul, i don't think they're bad at all since the refits. Probably below CX TPAC, but they're usually keenly priced.
Mar 13, 2019, 4:55 am
#25
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AA is American Airlines and AK is Airasia Malaysia. Problem is Malaysian gov has no money and will liquidate anything at this point to survive. The Japan bonds have flopped and treasury is empty.
Mar 13, 2019, 9:07 am
#26
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Personally while AirAsia doing great, but I won't fly them unless they are the sole service provider to the destination that oneworld carrier cannot fill my need. Mainly due to the hand carry (inconsistent) policy issue and one very bad experience in luggage delay. And Malindo Air reservation system and overall customer service just completely pissed me off few months back...
For connecting from international to Malaysia domestic, I don't think these two Airlines can do an average job.
Just don't forget that if MH is shutdown, that's mean MASwing most likely gone too, so say sorry to all remote sarawakian and sabahan.
For connecting from international to Malaysia domestic, I don't think these two Airlines can do an average job.
Just don't forget that if MH is shutdown, that's mean MASwing most likely gone too, so say sorry to all remote sarawakian and sabahan.
D
Mar 13, 2019, 10:06 pm
#27
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Failing which you can always dispute with your credit card and get a full refund.
Mar 14, 2019, 4:08 am
#28
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On the contrary. You SHOULD book. The worst that can happen is if MH does shut down, they are obliged to put you on alternative airlines that are likely to be more expensive your time of booking, so huge savings are in store.
Failing which you can always dispute with your credit card and get a full refund.
my mistake above I was talking about Air Asia not American Airlines although would always try and avoid all the US carriers
Mar 14, 2019, 8:34 am
#29
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The Rural Air Services (RAS) are subsidized anyway, so Govt is just giving money to itself to waste. If you've been to Mulu, its common for tourists to arrive on ATR, while the locals there have some sort of airlift from TUDM choppers. Just to show how inconvenient / incompetent MasWings is in meeting the needs of East Malaysians.
IMHO, MasWings if it's really wants to assist the people, should look into operating amphibians. Most towns/cities/kampungs are located along rivers so they could really land in the heart of each place. Compared to current method of driving 20-30 minutes to the airport, for a 30 minute flight ... and another 30 minute from destination airport into town; and the current network is limited by airport .. no such issue if you can land on the river, thus helping to open up the heartland of Sabah & Sarawak.
not sure what's wrong with US Carriers ? In it's current state I find AA more welcoming than MH , especially how frequent fliers on AA actually get seat upgrades.
Mar 14, 2019, 10:59 am
#30
Join Date: Jul 2014
Posts: 1,132
Nothing more to say on this particular topic:
https://www.channelnewsasia.com/news...n-eng-11340244
There is still going to be some hard work to get MH back to its better days.
https://www.channelnewsasia.com/news...n-eng-11340244
Malaysia's Finance Minister Lim Guan Eng has given his assurance that the government is not going to close down Malaysia Airlines.
Last edited by crackjack; Mar 14, 2019 at 11:22 am