Over the weekend, words have flown around town that Tony Fernandes, CEO of AirAsia and local LCC supremo has been in talks with the govt to buy stakes in Malaysia Airlines.
Purportedly, Mr Fernandes and the govt thru Khazanah Nasional are already in the final stage of the discussion and the deal will be finalised as early as Monday.
The news as first reported by Malaysian Insider here.
The news as further propagated here.
And so far, the people, primarily the flying public (and me myself) are a tad skeptical to the idea. Furthermore, the idea of Mr Fernandes to 'help the ailing airline'?
Skeptics in the air here.
I know that people are just nice sometimes, but in business, it won't happen without a knife behind one's back, I believe.
I heard that AirAsia X has been poaching for lucrative routes traditionally served by MAS, and they're not getting much from the govt till now. That is enough to make them belligerents.
Hope that this deal will never happen. MAS needs transformation, the right one by the right people right now. We know it's ailing and falling to a rival's play will instantly dig its own grave.
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