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Analysts suggest MH should shut down after failing to be profitable

Analysts suggest MH should shut down after failing to be profitable

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Old Mar 11, 19, 9:09 am
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Analysts suggest MH should shut down after failing to be profitable

News spread that Malaysia government will shut down MH, since it is not profitable so the government will shut down this company with problem. A pity that a 5 star airline end up like this with 2 tragedy. I think the government should give MH more time to recover it self from what happened a few years ago.

(Moderator note: The airline has not announced any plans to shut down; analysts suggested that course. Link to story is below.)

KUALA LUMPUR: Malaysia Airlines Bhd’s (MAS) days as a national carrier may be numbered as it has failed to meet its three-year target to be profitable, but is instead bleeding since it was taken private in 2014, say aviation analysts.They said that the best deal for the airline is to completely shut down its operations or sell it to interested parties or spin off its business divisions.
https://www.msn.com/en-sg/news/world...ier/ar-BBUt3gO

Last edited by l'etoile; Mar 11, 19 at 9:13 pm Reason: To add story
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Old Mar 11, 19, 3:50 pm
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Originally Posted by jerrythegreat12 View Post
News spread that Malaysia government will shut down MH, since it is not profitable so the government will shut down this company with problem. A pity that a 5 star airline end up like this with 2 tragedy. I think the government should give MH more time to recover it self from what happened a few years ago.
Not sure what your news source was but this is just pure nonsense and has no credibility.



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Old Mar 11, 19, 7:02 pm
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That's just a bunch of analysts saying it should. The government said no such thing
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Old Mar 11, 19, 7:03 pm
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I cheched, it just a suggestion from some Malaysia aviation analyst. The reason he gave is there is no capacity issue in Malaysia without the present of MH since Malindo and Air Asia are sufficient. I highly doubt he did ever take any flight within Malaysia. The capacity between SIN/KUL is always nearly 100% for most of the flight during weekend and daily evening. Just not mention about the demand during any public holiday as Malaysia has one of the most public holidays in the world.
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Old Mar 11, 19, 7:20 pm
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Thanks for the good laugh to start the morning!
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Old Mar 11, 19, 7:30 pm
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Perhaps the mods might consider changing the title of this thread to something less misleading?
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Old Mar 11, 19, 9:19 pm
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Originally Posted by SilverChris View Post
Perhaps the mods might consider changing the title of this thread to something less misleading?
Such as "Fake News" or "No-name analyst spreads unsubstantiated rumours" ?
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Old Mar 11, 19, 9:25 pm
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Originally Posted by SKT-DK View Post
Such as "Fake News" or "No-name analyst spreads unsubstantiated rumours" ?

On the bright side, at least the analyst is not anonymous...

https://www.todayonline.com/world/sh...n-analysts-say

On the other side, linkedin is very useful thought
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Old Mar 11, 19, 10:02 pm
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As soon as the Malaysian Government can recover the money from 1MDB, then MH will have enough money to waste, even posting losses.
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Old Mar 12, 19, 1:57 am
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Mahathir weighing shutdown or sale of Malaysia Airlines

This article appeared in Bangkok Post today.

https://www.bangkokpost.com/business...aysia-airlines
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Old Mar 12, 19, 1:58 am
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Apparently the PM felt the need to comment on the matter. According to Reuters.
“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.”
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Old Mar 12, 19, 3:30 am
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I thought MH has been picking up with load factor and ticket prices getting higher, as compared to 2014/2015. I would be surprised if they’re still not profitable enough to sustain.
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Old Mar 12, 19, 4:06 am
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Originally Posted by AlwaysFlyStar View Post
Apparently the PM felt the need to comment on the matter. According to Reuters.
It would be more accurate to say he felt no need not to respond to a question put to him about the analyst's comments (by a reporter, it appears).

PM Mahathir's comment reads like he is hedging on this until they have a better idea on how to proceed... a 'nothing is off the table' response.

I will say I am surprised he didn't say shutting it down completely is not possible; this is the man who wants another national car, after all... yet a national airline, which has a much stronger brand cachet, both domestically and internationally, is potentially out?

Wonder what the likelihood of Kazanah is bringing in a new CEO & management team...

Last edited by crackjack; Mar 12, 19 at 6:13 am
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Old Mar 12, 19, 7:21 am
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https://www.bangkokpost.com/news/ase...aysia-airlines

certainly being considered, pity was thinking of booking with them for Christmas
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Old Mar 12, 19, 8:22 am
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IMHO it's not particularly smart for a person in such an influential position to openly discuss the possibility of shutting down the airline. Just like the previous poster writes, this is a great way of driving down future bookings and ticket sales.
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