MAS AirAsia Story - Remember the days when nasi lemak cost the airline RM70.00 a plate.Nasi lemak is certainly not gourmet food, you can get better nasi lemak from street vendors for as little as RM2.50.

Is Tony Fernandez Buying Trouble? 

HANTULAUT

Political interference has also contributed to some of MAS losses.The few years that MAS made money under Idris Jala was made more out of assets stripping rather than profits from its operations. Even if they did, the profits were insignificant.

Jala left in the nick of time when Najib pulled him out of MAS to join his cabinet.Soon after he left, the airline started showing losses again. Obviously, they have no more assets to strip or major asset unbundling, the formula used in the financial restructuring in 2002 after suffering huge losses.The Binafikir formula have a short shelf life, the airline is back in the red.