<!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN">
<HTML><HEAD>
<META http-equiv=Content-Type content="text/html; charset=windows-1252">
<STYLE></STYLE>
<META content="MSHTML 6.00.6000.17063" name=GENERATOR></HEAD>
<BODY class=hmmessage bgColor=#ffffff background="">
<DIV><FONT face=Arial size=2></FONT> </DIV>
<DIV><FONT face=Arial size=2>Dear all,</FONT></DIV>
<DIV><FONT face=Arial size=2></FONT> </DIV>
<DIV><FONT face=Arial size=2>This was posted by BK. However, due to the
many attempts to attack the NCBM server, this mail was accidentally deleted by
me. Perhaps, it is because I am rushing through my mail as I will be
leaving for Sandakan in a short while. My apologies. </FONT></DIV>
<DIV><FONT face=Arial size=2></FONT> </DIV>
<DIV><FONT face=Arial size=2>Regards,</FONT></DIV>
<DIV><FONT face=Arial size=2>Moses.</FONT></DIV>
<DIV> </DIV>
<DIV style="FONT: 10pt arial">----- Original Message -----
<DIV style="BACKGROUND: #e4e4e4; font-color: black"><B>From:</B> <A
title=bk.tan74@gmail.com href="mailto:bk.tan74@gmail.com">B.K. Tan</A> </DIV>
<DIV><B>To:</B> <A title=Undisclosed-Recipient:;
href="mailto:Undisclosed-Recipient:;">Undisclosed-Recipient:;</A> </DIV>
<DIV><B>Sent:</B> Friday, July 16, 2010 5:16 AM</DIV>
<DIV><B>Subject:</B> Fw: Air Asia</DIV></DIV>
<DIV><BR></DIV><FONT face=Arial size=2>AIR ASIA<BR><BR><BR><BR><BR><BR>Well,
according to Fortune magazine's top 40 richest Malaysians, Tony Fernandez is
behind Air Asia. But there is a twist to the story.<BR><BR><BR><BR>There
are two issues arising from the story below that come immediately to
mind:<BR>(1) It is an obvious stab in the back of Malaysians;<BR>(2) If Air Asia
does not maintain their planes, as evidenced by the story below, wouldn't the
passengers be risking their lives by flying with Air Asia?<BR><BR>Would you fly
with Air Asia?<BR><BR>Story follows.<BR> Who is behind AirAsia ??
<BR> The real shareholder of Airasia is Daim Zainuddin. This was confirmed
by May Quah of Khazanah during one of the side meetings after the Board meeting
of AIC's subsidiary where Khazanah is a major shareholder. As we all know the
gomen (the local slang for govt) bailed out MAS thru Khazanah hence making the
latter the majority shareholder. May also intimate that her CEO who was recently
made a Tan Sri and received a third term in office used to work late till
midnite. I told her in front of everyone that her infamous CEO is seen everyday
at Austin Chase in Bangsar Shopping Centre at 5pm with a group of new and
upcoming yuppies malays. They are there till quite late. He is a known Daim's
inner circle kaki. BTW, MAS surrendered the lucrative routes of Macau and
Shenzen to Airasia. Please read the article published in the Star yesterday 1st
May 2010 by MAS CEO Tengku Datuk Azmil Zahruddin. It makes interesting reading.
<BR>: Saturday, 1 May, 2010, 7:55 PM
<BR> Subject: Who Is Behind Air
Asia ?<BR>By Little Bird<BR><BR>Kawan-kawan, please fasten your seat belts now.
I thought that I knew something about what is really going on in the
administration of Abdullah Badawi. Today I found out I have not even scratched
the surface. The following is panas-panas news. You may want to hit the ejection
button (not yours but theirs) after reading this. <BR>Firstly, the shareholders
and/or stakeholders of Air Asia (directly, indirectly, through proxies, etc.)
include Kamaluddin bin Abdullah Badawi, Kalimullah Maseerul Hassan (also into
Tune Hotels), Khairy Jamaluddin, Tony Fernandez, etc.<BR><BR>We all know the
story of Air Asia . Well, we all thought it was a rags to riches story. It is
actually a story about riches. The rags part is actually very hazy.<BR><BR>When
MAS entered into a phase of 'restructuring' about three years ago, Air Asia ,
through Tony Fernandez, struck fast and furious.<BR><BR>Before we go further,
you may want to ask why did MAS have to suffer yet another 'restructuring'? That
is a story by itself for another day but just bear in mind that Badawi's
brother, Ibrahim, is the owner of the catering company (Skychef?) that used to
supply mineral water at RM35 a case to MAS. With that kind of pricing, surely
MAS would need 'restructuring'.<BR><BR>Anyway, Air Asia stepped in and pushed
the Gomen for a 'rationalisation' of the domestic air routes in Malaysia . Air
Asia asked to be given MAS' Sabah and Sarawak routes. MAS could keep flying in
Semenanjung, they said. Despite objections by MAS, Air Asia was granted its
wish. But the wish did not just happen. Zaki, a fourth floor boy at the PM's
office, helped Air Asia make its wish come true.<BR><BR>Once MAS lost its Sabah
and Sarawak routes to Air Asia , there was a staff redundancy. So MAS had to
organise a VSS. MAS demanded that since Air Asia was taking over their Sabah and
Sarawak routes it would make some of their staff redundant so Air Asia should
pay MAS some compensation.<BR><BR>Everyone (MAS, Gomen and even Air Asia )
agreed that compensation was payable to MAS. But Air Asia would not pay
anything. Finally, the Gomen (err that means you and me lah, Encik Taxpayer)
paid the compensation to MAS, which MAS promptly used in one of the most
expensive VSS payments in our history.<BR><BR>If your blood is starting to boil,
stop reading and better cool off because it does not get better. Then, within
one year, Air Asia realised that the Sabah and Sarawak routes were not
profitable. They never were. MAS was performing national service in Sabah and
Sarawak . Flying chickens and goats is not a money-making venture.<BR><BR>No
problem. Air Asia made another wish. They told the Gomen, we have to return
these air routes back to MAS. Again MAS objected. Again overruled. Not
relevant.<BR><BR>Then came the handing over ceremony of the air routes and the
airplanes. When they took over the Sabah/Sarawak routes, Air Asia had 'acquired'
seven airplanes from MAS in perfect working condition. (MAS does have one of the
best safety records in the world.) However, when Air Asia 'returned' the planes
to MAS, only one was left in working condition. The other six planes were
grounded, not fit for flying and could not fly. In actual fact, Air Asia was
cannibalising parts from the six planes to keep the seventh one flying. Again
MAS objected. Again overruled. Not relevant. It eventually cost MAS in excess of
RM50 million to make the planes flyable again. This was a direct subsidy to
'rags to riches' Air Asia 's profits.<BR><BR>Then Air Asia started eyeing the
lucrative KL-Singapore routes. Tighten your seat belts. This one will really
jolt. But they went about it the roundabout way. They said they wanted to go
international. They did (some) but international routes are tough. No Zaki,
Badawi, Khairy, Kalimullah or Kamaluddin to make your wishes come
true.<BR><BR>But the KL-Singapore sector was generating RM40 million in PROFITS
to MAS. This was the plum in the pudding. Air Asia wanted it badly. So they made
another wish. It came true. This is how they did it. Air Asia 's bid to break
into the KL-Singapore sector was first discussed in Cabinet when Badawi was on
holiday overseas. Najib chaired the meeting and Air Asia 's application was
rejected.<BR><BR>The application was rejected for two main reasons:<BR><BR>i. By
2009 the whole of ASEAN becomes open sky anyway.<BR> ASEAN airlines can
fly to all ASEAN capitals without restrictions. <BR> So why open up
KL-Singapore in double quick time?<BR><BR>ii. If budget flights are allowed
between KL-Singapore,<BR> KLIA will die an unnatural death. KLIA
will become a feeder <BR> airport for Singapore 's Changi.
People will fly from KL to <BR> Singapore and then fly off
from Singapore to the rest of the <BR> world. MAS will then
die a natural death. So the request <BR> was
declined.<BR><BR>Then Pak-LAH came back from his travels and asked Tengku Adnan
the Minister of Tourism to prepare a paper on tourism, linking MAS, Air Asia ,
SIA, etc., to tourist arrivals. At the next Cabinet meeting chaired by Badawi,
he asked Tengku Adnan to present the 'Cabinet paper'.<BR><BR>Insiders say that
the paper was an 'out of Agenda' item - meaning it surprised everyone, but the
dunggus approved it nonetheless. Air Asia got its wish again. Tengku Adnan also
secured his Putrajaya seat.<BR><BR>Now here is the killer. Soon after Air Asia
started flying the KL-Singapore sector, they started giving away 300,000 free
tickets, 5 sen tickets and all the other gimmicks. Singapore is believed to be
subsidising Air Asia for all these expensive gimmicks.<BR><BR>For SIA, losing
RM40 million (S$17 million) profit from the KL-Singapore sector is chicken feed.
Air Asia is feeding thousands of transit passengers from KL to Changi . Air Asia
is providing RM19 bus rides from KL to KLIA. From KLIA, passengers fly almost
free to Changi. From Changi the passengers can connect to the world.<BR><BR>Now,
Air Asia is making another wish - they want to fly direct from Kuching, KK,
Penang , Alor Setar, Kota Bharu, etc., to Changi. They will earn even more
'subsidies' from Singapore . KLIA will drop dead later, MAS will die
first.<BR><BR>This is how we go from 'rags to riches'. And we all thought Tony
Fernandez was such a great guy too. All the shareholders and/or stakeholders of
Air Asia (directly, indirectly, through proxies, etc.) include Kamaluddin bin
Abdullah Badawi, Kalimullah Maseerul Hassan (also into Tune Hotels), Khairy
Jamaluddin, Tony Fernandez, etc…all of them are great!<BR><BR>Yes, we believe in
open skies, competition and all that. But friends, fellow Malaysians, this was
the ex- PM, his son, his S-I-L and his cronies lah. How can they sell out their
own country? But this is what they had done.<BR><BR></FONT></BODY></HTML>