Khazanah Nasional Bhd

Cabinet must say “NO” to Tony

by

Tan Sri Tony Fernandes wanted LCCT for AirAsia. The Tun Abdullah’s Administration built for him costing the nation more than RM200 million. AirAsia was also allowed to owe huge airport tax debts for years under the same Administration. He wanted Rural Air Services (RAS) the same Administration gave him with a reward of about RM65 … Read more

MAS UNION TO RASHDAN: STOP AIRASIA FROM INTERFERING IN MANAGING MAS!

by

Because of the one sided reporting, Malaysians thought AirAsia/AirAsia X Sdn Bhd/Tan Sri Tony Fernandes were coming into MAS to SAVE MAS. I am proud to receive the comments below from MAS Union. Unfortunately, The Star, which has been publishing rosy stories about AirAsia/AirAsia X Sdn Bhd and Tan Sri Tony Fernandes, did not bother … Read more

WAU! Tony had to leave MAS’s Exco?

by

AirAsia’s 2nd quarters net profit was down by 47% to RM104.26 million against RM198.93 million deferred tax charge. MAS posted a net loss of RM526.8 million. MAS called off its media briefing at the eleventh hour yesterday due to “unforseen circumstances” but continued with its analyst briefing. Tan Sri Tony Fernandes told analyst in a conference yesterday that the airlineswill be presenting their case to the Prime Minister in his bid to reverse airport operator MAHB’s to increase passenger service charge, aircraft landing and parking charges. As usual the press report on AirAsia was very rosy and will be flying to another majestic height and the future of MAS, of course, was very very bleak. Read HERE.

Read more

Tony says NO to aerobridges, MAHB & Khazanah say YES Sir!

by

Tony can now order MAHB, indirectly Khazanah Nasional Sdn Bhd, what to do. As can be seen in the case of KLIA-2 where the original plan was to build aerobridges for the convenience of the passengers including disabled person (OKU). When Tony snapped his fingers and say no to aerobridges, Tan Sri Bashir of MAHB had to also kow tow. Even Khazanah was in total silence. What a powerful man indeed? No wonder AirAsia had a good record of owing more than RM125 million in airport taxes since its inception until recently and MAHB dared not leave a finger to take actions. Read HERE. The outstanding airport taxes were only paid recently after the matter were brought up in Parliament several times. See how powerful is Tan Sri Tony Fernandes/AirAsia and now Air Asia X Sdn Bhd. By the way the original name of AirAsia X Sdn Bhd, which is a more suitable name for Ministry of Transport and Khazanah, was Fly Asian Express Sdn Bhd, in HERE.

Read more

Khazanah: Who are the business partners of Tony in AsiaAsia X, a private limited company?

by

In the Inquire Business report 0n 7-8-2011 quoted Tan Sri Tony Fernandes and his partner to have said in a joint statement that

Tan Sri Azman Mokhtar: Have you read the AirAsia’s financial statements?

by

I would like to share this comments which I have received from a reader, Warrior 123. I am surprised that mainstream newspapers like Star and others, have resorted to quoting sources, has painted a very rosy picture of this AirAsia/MAS share swap without any analysis on the income statements of AirAsia. Please read this well … Read more

KHAZANAH Stop “ANAKTIRIKAN” MAS! How about LSG Sky Chef Brahim?

by

The Star reported today that “that Khazanah, which owns a 69% stake in MAS, is said to have concluded negotiations with AirAsia chief executive officer Tan Sri Tony Fernandes to come up with a deal to save the national carrier”.