KUALA LUMPUR: Malaysia Aviation Group (MAG) has offered a voluntary separation scheme (VSS) for employees while negotiations are ongoing with creditors and lessors over Malaysia Airlines Bhd's (MAB) restructuring plans.

The MAG Early Retirement Application form, which was sighted by Bernama, is aimed at employees across the board including its subsidiaries MAB, MASwings, MAB Kargo, AeroDarat Services, Firefly, Hijrah Biru, and the MAB Academy.

The exercise is targeted at Malaysia-based employees aged 45 and above who have served the company continuously for a minimum of 10 years, including years of service in the Malaysia Airlines group.

Commenting on the move, National Union of Flight Attendants Malaysia president Ismail Nasaruddin said the decision was considered "fair" in view of other airlines' extreme decision to pare down entire operations before offering any separation scheme or compensation.

He said the VSS offer had been made and it now depended on the employee whether or not to take up the offer.

"They (MAG) are not paying much; the VSS offer is only for three months' salary. If the outcome from this offer doesn't match with the numbers they are looking at, then more drastic measures may be implemented such as termination or retrenchment," he told Bernama based on information gathered from internal sources in MAG.

Ismail believes a retrenchment compensation would likely offer less than what had been offered in the VSS, and about 50 per cent of MAG's employees are eligible for the offer, including those transferred to the group during the corporate restructuring previously.

As for MAB, it still has a 12,000-strong workforce despite facing challenges from the pandemic that caused the airline and the industry as a whole to suffer from weak demand.

https://www.nst.com.my/business/2020/10/634...cturing%20plans.

No money d still can offer VSS, kasi no pay retrenched je. Tax payer ain’t gonna fund ya anymore

Not bad... at least can get 10 months salary if 1 month compensation for 1 year of service

So explain to me why we need sacrifice 28 mil ppl for mas 40-50k ppl ??

Just close this unsustainable company. Invest more in Firefly

Yes, this. Top kek!

Yes, sounds like a scam, vss =3 month salary, retrenchment = 10 month salary, I rather go for retrenchment.

And using firing to as scare tactics. Want fire also need proof of misconduct. No proof sue the company.

Man nobody read the article? It's only 3 months on offer

Politics. Jgn persoal.

https://harakahdaily.net/index.php/2020/10/...an-semua-pihak/

DEWAN Pemuda PAS Malaysia (DPPM) menggesa supaya semua pihak tidak mengambil mudah terhadap kemelut panjang yang melanda Syarikat Penerbangan Malaysia Airlines Berhad (MAB). Malah, dalam masa yang sama turut menggesa penubuhan suatu Suruhanjaya Khas yang dilantik dalam kalangan pakar bidang penerbangan supaya membantu mengemukakan syor-syor baharu bagi memulihkan MAB dan industri penerbangan domestik pada masa akan datang.

Pada saat ini, Khazanah Nasional Bhd secara khususnya perlu mempertimbangkan beberapa perkara terhadap MAB. Antaranya ialah:

(i) Memastikan kebajikan para pekerja supaya tidak menjadi mangsa penstrukturan kecemasan MAB khususnya ketika rakyat berhadapan dengan wabak COVID-19 yang menjejaskan kewangan peribadi.

(ii) Memastikan identiti Malaysia Airlines kekal sebagai syarikat penerbangan nasional untuk jangka masa panjang ketika mempertimbangkan sebarang bentuk ‘partnership’ kelak.

(iii) Menubuhkan Suruhanjaya Khas dalam kalangan pakar penerbangan untuk mempertimbangkan syor-syor dalam menyelesaikan isu ‘overcapacity’ industri penerbangan domestik secara komprehensif.

(iv) Memperbaiki serta mempertingkatkan mutu perkhidmatan MAB supaya kekal menjadi pilihan nombor satu rakyat di negara ini.

1 month salary 20k
3 month vss 60k Liao.. can tahan 2 years bhai

haha die die dowan to change management.

you tau i tau la.

Still alot for doing nothing

if only MAS were sold earlier to the highest bidder.
too bad it didnt come to fruition thanks to covid

This is how business work. Same like your current job.

diamla pas, tak payah nak ajar khazanah.

makes me wonder what would be their comment now after tabung haji sold their hotel business before covid19 happened.

But the pilot monthly commitment is 21k per month... still need to 14th floor after 3 months...

some fact about why politician milking MAS

The downfall of MAS
From 2012 , just to record, Badawi’s brother had nothing but pecuniary interest in MAS. The catering Dept was then deemed an unnecessary expense item in MAS books. It was first separated from the main company to prepare it for eventual subsidiary status. It did not seem to the management then that it could be hugely profitable as it was not just providing meals for MAS but also for so many foreign airlines operating into Klia. But the ‘story’ that it was an unprofitable entity continued and therefore it was regarded as a ‘saving action’ when Badawi’s brother took over MAS Catering.

During a townhall session with both Badawi and Idris Jala present, someone asked Badawi the question as to how come MAS Catering was given to his brother as it seemed like cronyism. Badawi’s reply was “my brother also needs to cari makan”.

At the same townhall session, Badawi also stated he didn’t know Idris Jala was not a Muslim at the time when he was selected to head MAS - he only knew about it later.

When Idris took over, he tried very hard to reduce costs. This included reduction in catering costs. Salt and pepper sachets were removed and cabin crew had the extra task of walking around with salt and pepper for pax who wanted them. Box meals were introduced on regional flights. However to his surprise, Idris found that despite all the measures taken, catering costs did not go down.

It was then that they examined the catering contract. Apparently the 25 year deal signed with Brahim had a ‘minimum payment’ clause. This meant that regardless of what was used by MAS, there was a fixed minimum amount that was to be paid to Brahim every month. It was something like a buffet price where you pay a standard amount.

So you see how the company was screwed by politicians at the very top. Idris fought hard to put things right even to the extent of taking legal action against TR. But Idris was quickly relieved of his position together with the Chief Auditor.

MAS has been milked and raped by so many crooked people in the corridors of power. And this is the reason it has never been able to turn itself around. Right from aircraft purchase to inflight nasi lemak, it has been abuse all the way.

And if you ask them how come, you will obviously get the standard reply - “they also need to cari makan”.

Today - there is talk about closing it down because it is no longer able to generate revenue to line the pockets. No aircraft purchase, no lease, no flights, no catering, no fuel purchase, no nothing.

last sentence states 'weak demand'.
its not weak demand, its the world government closed borders.

wanna go holiday now also can't. cilaka betul

This post has been edited by yolo1990: Oct 22 2020, 10:33 PM

Thanks for sharing.

Goes to show how taxpayers money are siphoned for personal gains
Sickening