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Showing posts from October, 2026

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...