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Another Failure is Not an Option!

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Too big and critical to fail?  MoF needs to learn from the past MAS/MAG failures i.e. WAU, MSS, CCF (Share Swap) and MRP) that cost the public more than RM30 billion. Best option for MoF is to file for court-led business rehabilitation and debt protection as successfully implemented by JAL and Thai Airways. Further reference: The Star  https://share.google/r56DiM45ClZuO4p26

Pening Langau

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“Any request for government assistance would be assessed based on the national interest, the state of public finances and the need to protect taxpayer funds , Anwar said. The government has been holding talks with companies across the aviation industry as it assesses the impact of the conflict, as it does with other affected sectors, he said. The government will continue to monitor these developments closely, Anwar said.“ Kerajaan tengah betul betul pening sebab jika berlaku keruntuhan sepenuhnya pada AirAsia akibat beban kewangan dan liabiliti semasa berjumlah RM18.4 bilion, kesan utamanya terhadap rantaian bekalan dan vendor adalah seperti berikut: • Tanggungan hutang lapuk: Pihak pengendali darat tempatan, penyedia katering, pembekal bahan api, serta penyedia komponen dan perkhidmatan aeroangkasa akan menanggung hutang yang tidak dapat diperoleh semula. • Kesan berantai (Dominos): Keadaan ini bakal mencetuskan kesan berantai yang negatif dalam industri sokongan penerbangan. • Kesan ...

Another ship is sinking!

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A potential collapse or severe contraction of AirAsia would create widespread shockwaves across Malaysia's broader aerospace, aviation, and tourism ecosystem, given its dominant market share (holding roughly 33% to 40% of passenger traffic and over 60% of domestic routes).  Impact on Malaysia's Aerospace and Aviation Sector     • Airport Revenues & Operator Health (MAHB): AirAsia owes significant sums to airport operators—including at least RM500 million to Malaysia Airports Holdings Berhad (MAHB). A collapse or extended default would heavily dent MAHB’s cash flow and revenue streams, potentially delaying airport infrastructure upgrades and maintenance across Malaysian hubs, particularly KLIA and regional terminals in Sabah and Sarawak.    • Fleet, Leasing, and MRO (Maintenance, Repair, and Overhaul) Disruption: AirAsia operates a massive fleet primarily composed of Airbus aircraft (such as the A320 and A321neo families). With lease liabilities standing...

NOW or NEVER

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MyAeroSatu – Revitalising Malaysia's Aerospace and Aviation Industry 1. Our Purpose MyAeroSatu is an independent association comprising former and current professionals from Malaysia's aviation, aerospace, airline, and MRO (Maintenance, Repair & Overhaul) sectors. Our mission is to help restore Malaysia's position as a leading aerospace and aviation hub in Asia by promoting sustainable industry development after more than three decades of decline. 2. Our Strength The strength of MyAeroSatu lies in the collective experience, leadership, and technical expertise of its members. Many of our core leaders previously held senior management and executive positions in airlines, MRO organisations, aviation companies, and related industries. They were directly responsible for building and managing successful organisations during the industry's most progressive years. Today, the industry once again requires experienced leadership to reverse its decline, strengthen competitivene...

Speechless!

  

Training is poor when it's theoretical rather than practical

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Leaders of MyAeroSatu ploughing their essence of expertise & experience for students & graduates of aerospace programs. By Prof. Dato' Dr. Zulkifly Baharom MyAeroSatu Chairman Students & academes agreed with leaders of MyAeroSatu that “Training is poor when it's theoretical rather than practical.” Pix; Dzul  As the Chairman of MyAeroSatu & management educator, I increasingly believe with the strategist  Jim Carroll,  one of the advertising's finest thinkers that “The leaders of the future will be more like  gardeners  than generals. They will create the diversity, the energy & the space for growth to take place. They will prepare their people for all seasons & all weather, at first protecting them, but over time giving them the skills & the  strength to stand on their own.” Rather than describing a general in the field, commanding & controlling, Jim is describing a  model of leadership  where the leader creates the ...

MyAeroSatu Chairman Speaks

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  MAIA Datuk Zulkarnain talked about the emerging career fields. Pix: Dzul  The  Student Dialogue  organized by  MyAeroSatu  recently aimed to inspire and engage with young people to explore careers in  STEM  (stands for Science, Technology, Engineering and Maths), aviation and aerospace to support and encourage their future career choices. We help to keep the skies above us in the world safe. As veteran airline professionals, we support the government to make sure people who fly all sorts of aircraft, including planes, drones, hot air balloons, helicopters, even rockets are trained and follow important safety rules and regulations. We believe aviation and aerospace needs to be ready for the future and need different talent, ideas and values to make that happen. We are committed to supporting the  ambitions & interests  of our students. MyAeroSatu Chairman Professor Dr. Zul thanked MAIA Deputy President Datuk Dzulkarnain (right)for h...