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What's happening with MAS?
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Avangelice
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Aug 26 2024, 09:29 AM
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QUOTE(letitsnow @ Aug 26 2024, 09:17 AM) wasnt pre-2005 they get so many flak for loses year after year, but that with all the talents in the world stay with MAS? obviously need to strike a balance. I know the typical response will be upper management eat a lot, which is typical corporate greed anywhere. Didn't they shut the union which led to many people quiting? That puts them into profit this year. Someone correct me the time line.
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Avangelice
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Aug 26 2024, 09:44 AM
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QUOTE(sadukarzz @ Aug 26 2024, 09:41 AM) MAS have been profitable recently And the profits are massive, in the region of hundreds of millions, mind you Their ticket prices haven't increased exponentially It's not really hard to work out where the profit came from Or should I say which aspect of the operation contributed 'more' Kindly explain for someone not knowing the clues?
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Avangelice
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Aug 26 2024, 10:28 AM
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QUOTE(sadukarzz @ Aug 26 2024, 10:17 AM) In short, a possibility of cost cutting in certain operational aspect for the airline. Although the profitability increment can be attributed to ~50% increase in FY23/22, you can see that the on time performance dropped significantly from 84% > 72%; while profits are up hundreds of millions compared to a loss back in FY22. On time performance can also be an indicator of flight delays attributable to maintenance issues. Therefore would then suggest maintenance may have not been done on time or properly. Which subsequently will highlight associated parallel consequences in TS's first post. Damn it's a ticking time bomb waiting to explode. Quiet literally when you don't maintain your fleet all it takes is one fuck up to cause a crash
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Avangelice
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Aug 26 2024, 01:10 PM
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QUOTE(sadukarzz @ Aug 26 2024, 10:33 AM) Now its operating mainly for profit to payback the invested shareholders rather than flying as a flag carrier Look at the international flights and the IFE, aircraft and service provided Along with the deterioration of Enrich values One can tell, MAS is getting really sucky in terms of services To add with such concerns, I won't be surprised if anything like that happens And I just applied the ambank cc for enrich points. Dammit
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Avangelice
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Aug 26 2024, 01:27 PM
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QUOTE(sadukarzz @ Aug 26 2024, 01:22 PM) Was considering about it too for the Enrich Then I asked myself a bigger question Would I want to sit MAS most of the time or not? And my conclusion is only for a segment that I am interested in but haven't had the chance to try it out - One World Alliance For its mainly - Qatar, Japan Airlines and Qantas only for their transfer points, but doesn't seem like its worth it also Maybe I will ask in Enrich group instead as well I honestly don't mind seeing how my sutera card removed alot of perks. This one at least as travel insurance and lounge access and cheaper flights. Not bad tbh and mas is too big to fail. This will all be fixed.
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