MAS AirAsia Story - Dare not announce the details of the “Collaborative Framework”.

MAS Union to send letter to PM to oppose the secret MAS-AirAsia share swap

WEE CHOO KEONG

The Malaysian Airlines System Employees Union (MASEU) today expressed dissatisfaction over the explanation given by the airline’s management on the company’s collaboration with budget carrier AirAsia Bhd. Its president, Alias Aziz, said the explanation by MAS managing director Ahmad Jauhari Yahya yesterday on the share swap between MAS and AirAsia was not satisfactory. ”As such, we have decided to write to the prime minister. We want to meet Datuk Seri Najib Tun Razak to convey our views and opposition to the MAS-AirAsia deal,” he told a news conference at the MASEU office in Subang Jaya near here.

After the secret share swap,  we could only see the systematic cannibalisation of Firefly and MAS profitable routes and decisions made so far were not in the best interest of MAS.