Malaysia's two major airlines, Malaysia Airlines System(MAS) and AirAsia are nearing to form a working partnership... then, Malaysian air carriers gonna be a giant airlines in the region... it will also create a better compete against regional rivals, Singapore Airlines...
when the partnership deal is signed,
fleet: 179 aircraft*
AirAsia X: 11
fly to: 162 destinations**
MAS: 88 cities
AirAsia: 74 cities
* estimated and excluding the ordered aircraft
** estimated and excluding the future routes
under the agreement,
Khazanah(largest shareholder of MAS) will hold 10% of shares in AirAsia... while Tune Air Sdn Bhd will hold 20.5% of shares in MAS... Khazanah also proposes to buy 10% shares in AirAsia X... Khazanah Nasional has to look to all the details(fares and quality service) before deciding on the collaboration framework...
following the recent share swap with AirAsia, government guarantees that the controlling the controlling shares of MAS will remain in the hands of Malaysians since some parties are worried that MAS would be bought over by foreign groups...[press release]
a merger of MAS and AirAsia will enable the two entities to compete in the global arena especially from Middle East Nations because the airlines from the major oil producer countries can afford to offer cheaper tickets than other airlines in the world...
I'M VERY GLAD TO ANNOUNCE THAT THE AGREEMENT HAS BEEN TERMINATED
EACH AIRLINES WILL WORK SEPARATELY AND ALL THE CONTROVERSIES WILL STOP OR STOPPED
LET'S HOPE THAT MAS WILL REGAIN ITS PROFIT BY 2014
AND AIR ASIA WILL RETAIN THE POSITION AS WORLD'S BEST LOW COST AIRLINES