Monday, September 19, 2005

In the Business Times today...

MAS Chairman aims to spring a surprise... Wow!!! Interesting. Let's see what he wants to do.

1) Slash costs
- cut fuel cost by 10% (hmmm...unless you cut down the routes this might not be possible Sir...Have you seen the cost of fuel lately?)
- implement a programme that could save up to a third of procurement cost ( possible, ...how? Don't buy "original parts" lor... You go buy some so-call certified Taiwan or China-made spare parts. Sure cheap one... I"m REALLY getting worried to take MAS flight now.

2) Improve revenue
- another RM200 million over 12 to 18 months. How? ...not very clear la...

There was also a Q&A article between MAS Chairman with Business Times. A few comments that he made in the article, made me raised my eyebrows ..eg...

when asked about his new MD...
"...he's an oil man, therefore he can manage the fuel cost and so on. That one, I'm not too sure whether we'll get a discount from Shell....I do not know at this point" ( he must be expecting the 10% cut in fuel cost from this...)

"He plays the guitar; for someone who likes Eric Clapton, can't go wrong with him" (Yikess...what a reason..)

something about the plan in improving the revenue

"....But revenue is not profit" (True...) "

In summary....nothing creative in trying to turn-around the airline performance. Same old management mantras and philosophies. Yawn...ho,hum...I wanna go to sleep.

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