"The only way is to kill the airline and rebuild it from scratch...."

harizs · Post time 24-5-2014 06:31 PM

https://my.news.yahoo.com/face-bankruptcy

"The only way out is creative destruction – kill the airline and rebuild it from scratch," Shukor Yusof, an independent aviation analyst formerly with Standard & Poor's, told WSJ.

It might be too late to save MAS in its current form, following the airline’s report that its net loss had expanded to RM443.4 million in the first quarter, from a net loss of RM278.8 million in the same period last year.

MAS said that the loss was due to missing flight MH370, where it saw high numbers of cancellations and a decline in long-haul travel after March 8 incident.

Reacting to MAS’s losses, analysts have called for “tough love” from Putrajaya, even to the point of allowing the airlines to go through bankruptcy, as Japan Airlines did a few years ago.

"There will be a line crossed where the government will look at it and ask whether they should declare bankruptcy.

Dzulqarnain · Post time 24-5-2014 06:41 PM

Bila yg kecil-kecil mkn yg besar-besar...

brownstone · Post time 24-5-2014 06:46 PM

Shame....failure of epic proportion once dominating our skies....even Garuda sekadar di pinggiran....sekarang???

JantanLombok · Post time 24-5-2014 06:59 PM

Jangan bersedih .... sehabis MAS mufis .... tubuhkan airline baru ... MCBA (Malay Chinese Berjaya Airline) .... saya yakin pasti maju pesat ...

Serahkan management MCBA kepada orang China ... Pasti Berjaya !!!! Last edited by JantanLombok on 24-5-2014 06:02 PM