AirAsia and MAS to create win-win collaboration areas
BernamaPublished: May 7, 2012 10:41 AM | Updated: May 7, 2012 10:42 AM
AirAsia and Malaysia Airlines (MAS) are currently discussing ways to create intensive collaboration areas while maintaining a win-win situation.
AirAsia and Malaysia Airlines (MAS) are currently discussing ways to create intensive collaboration areas while maintaining a win-win situation.
AirAsia chairperson Aziz Bakar said discussions are currently ongoing between both parties, without any sort of interference from the government.
“We are still trying to finalise matters with Malaysia Airlines on the whole aspect of collaboration. No exact timeline can be stated for the moment.
“Both airlines are looking at the right module and proposals on collaboration after the swap deal was dropped.
“We are creating a win-win situation. To us at AirAsia, whatever we do must be a win-win scenario, whether its a share swap or collaboration. If not why would we want to sign in the first place,” he told reporters at a signing ceremony between AirAsia, Educational Testing Service (ETS) and Eshia & Associates Sdn Bhd in Sepang.
Asked if AirAsia, through its long-haul affiliate AirAsia X, would revive its currently suspended routes to Mumbai, New Delhi, Paris and London, Aziz Bakar said: “No. That decision stays.”
On May 2, Khazanah, the biggest shareholder of Malaysia Airlines, officially called off the share swap deal.
The investment holding company transferred its 10 percent or 277,650,600 ordinary shares in AirAsia back to Tune Air, which in turn, gave its 20.5 percent or 685,142,000 ordinary shares in Malaysia Airlines back to Khazanah.
Following the reversal, AirAsia chief executive officer Tony Fernandes and his partner, Kamarudin Meranun, resigned from the MAS board.
Khazanah nominee Mohamed Azman Yahya resigned from the AirAsia board.
Meanwhile, AirAsia will use the ‘Test of English for International Communications’ as a standardised English Language proficiency test.
The test is offered through Eshia & Associates, the country representative of ETS.
- Bernama
AirAsia chairperson Aziz Bakar said discussions are currently ongoing between both parties, without any sort of interference from the government.
“We are still trying to finalise matters with Malaysia Airlines on the whole aspect of collaboration. No exact timeline can be stated for the moment.
“Both airlines are looking at the right module and proposals on collaboration after the swap deal was dropped.
“We are creating a win-win situation. To us at AirAsia, whatever we do must be a win-win scenario, whether its a share swap or collaboration. If not why would we want to sign in the first place,” he told reporters at a signing ceremony between AirAsia, Educational Testing Service (ETS) and Eshia & Associates Sdn Bhd in Sepang.
Asked if AirAsia, through its long-haul affiliate AirAsia X, would revive its currently suspended routes to Mumbai, New Delhi, Paris and London, Aziz Bakar said: “No. That decision stays.”
On May 2, Khazanah, the biggest shareholder of Malaysia Airlines, officially called off the share swap deal.
The investment holding company transferred its 10 percent or 277,650,600 ordinary shares in AirAsia back to Tune Air, which in turn, gave its 20.5 percent or 685,142,000 ordinary shares in Malaysia Airlines back to Khazanah.
Following the reversal, AirAsia chief executive officer Tony Fernandes and his partner, Kamarudin Meranun, resigned from the MAS board.
Khazanah nominee Mohamed Azman Yahya resigned from the AirAsia board.
Meanwhile, AirAsia will use the ‘Test of English for International Communications’ as a standardised English Language proficiency test.
The test is offered through Eshia & Associates, the country representative of ETS.
- Bernama
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