When will they learn?

Categories: Malaysia

Malaysia Airlines (MAS) is planning to raise fairs as part of a strategy to turn the troubled national carrier around, it was reported yesterday. This is not the first time, MAS has ran into financial crises. Back in 2001, the Malaysian government bought the majority shares from Tajudin Ramli at the same high price that he 'purchased' previously. Since then, the price of MAS has dropped significantly as MAS had been in the red for the last four years. Then, it was promised that MAS would do better with a new team, but this does not seem so. I am surprised that in a country of with a population of about 23 million people, we do not have good and able people to run MAS. If we can produce people like Tun Daim, I am sure there are other people who are good enough to run the company. Increasing fares and selling assets are only short to medium term plan. Foreign ownership should be rejected as had been done by Dr Mahathir, the then prime minister back in 2001. After all this is the national carrier and should be Malaysian-owned.