I know that the appointed property agents are talking to a lot of interested people (investors), just wait. On Feb 27, we will tell the whole world about it. |
In 2007, our plan will focus on improving efficiency and capabilities. In 2008, we will focus on new growth opportunities. |
It allows you to raise matters in an independent and unbiased manner. |
On current business assumptions, course and speed, we will surely fail unless we radically change the way we run our business. |
Our poor pricing, rising cost structure, mismatched fleet, weak operational performance, low-intensity performance culture, and social obligations all contributed to our dismal financial performance across most routes we fly. |
Should these losses and cash drain continue, MAS would enter a downward spiral from which it would not likely recover. |
The government has agreed to give us a free hand in managing the network, and this will mean that we will have full control on determining capacity, frequency and pricing. Managing yields will be a key factor to ensure profitability and it's important for us to be able to manage this. |
We are facing a crisis in Malaysia Airlines. |
We recorded a slight reduction in load factor for the quarter but posted an overall increase for the whole financial year. |
Yield is a big problem for us. |