Malaysia Airlines management has finally woken up and cancelled it's multi-million $$ jersey sponsorship deal with Queens Park Ranger, the English Premium League club owned by the bosses of Air Asia.
After eight months, they claimed that the cross-holding of shares has become a distraction to management’s efforts to turn around Malaysia Airlines.
As a result, Tony Fernandes and Kamarudin Meranun of Air Asia have resigned from the board of Malaysia Airlines.
I believed that all Malaysia Airlines staff including those in MASwing and Fireflies are happy with the ending of the share swap.
With such changes, the questions now are:
1. Will the jet services of Fireflies return to Sabah and Sarawak?
2. Will they resume their Kota Kinabalu-Osaka, Haneda, Incheon and Perth schedule?
I hope they will do, so that the Sabah and Sarawak travelling public could enjoy more low cost domestic travel and direct access to International destinations.
This less than one year old jersey is now history.
The sponsorship deal with Queens park Ranger was set for a period of 2 years at RM18 million. This was done when Air Asia’s bosses were in the Malaysia Airlines board.
Malaysia Airlines officially announced on 02 May 2012 that the share swap deal between Malaysia Airlines and AirAsia Bhd has been called off.After eight months, they claimed that the cross-holding of shares has become a distraction to management’s efforts to turn around Malaysia Airlines.
As a result, Tony Fernandes and Kamarudin Meranun of Air Asia have resigned from the board of Malaysia Airlines.
I believed that all Malaysia Airlines staff including those in MASwing and Fireflies are happy with the ending of the share swap.
With such changes, the questions now are:
1. Will the jet services of Fireflies return to Sabah and Sarawak?
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