• T’S NOT ALL GLOOMY WHEN VIEWED FROM THE TOP OF THE PETRONAS TWIN TOWERS. PIC/SHUKOR YUSOF
    Aviation

    A billion here, a billion there…

    “A billion here, a billion there, and pretty soon you’re talking real money” – U.S. senator Everett Dirksen Malaysians are not new to financial scams and scandals of immense proportions. Let’s pause for a moment and consider these figures: the latest MYR42 billion losses from 1MDB, Port Klang Free Zone (PKFZ) incurred losses of MYR12.5 billion in 2008, and Bank Negara Malaysia, the central bank, blew over MYR31.5 billion between 1992 and 1994 in forex losses. These are just some examples of plundering that have taken place over the past 30 years. Someone out there has actually put together a list on Wikipedia. Take a look here. One of the most prolific plunderers (of taxpayers’ money) is national carrier Malaysia Airlines (MAS).…

  • AIRASIA REMAINS A LEADING DISCOUNT AIRLINE, DESPITE ITS FOUNDER’S PATHETIC POLITICAL PLOY. PIC/SHUKOR YUSOF
    Aviation

    Malaysia’s aviation industry to soar?

    It has been a strange week, one that has seen some strange sights. In Malaysia’s history of strange sights, there has never been quite anything like this. Malaysians woke up on May 10 to a new government, but not a new prime minister. Mahathir Mohamad was Malaysia’s fourth premier for 22 years (1981 to 2003) and is now the country’s seventh leader and the world’s oldest. At 92, and despite two bypasses, he isn’t just sprightly; he is mischievous, displaying his trademark sarcasm and wit at a 3am press conference following his party’s victory. The next morning, on May 11, he was spotted cycling along the lake at Putrajaya. We…

  • BOEING SVP SALES FOR ASIA PACIFIC & INDIA DR DINESH KESKAR (STANDING 4TH FROM LEFT) WITH FORMER PM NAJIB RAZAK TO HIS RIGHT. MAS CHAIRMAN & BOARD DIRECTOR IS 3RD FROM RIGHT. PIC/BOEING
    Aviation

    New broom to sweep Malaysia Airlines clean

    With the prospect of losing a USD20 billion aircraft deal in Iran looming ever closely, Boeing appears poised to forfeit another one following the installation of a new government in Malaysia, Southeast Asia’s fourth biggest economy. On Sep. 12, 2017, Malaysia’s ex-premier Najib Razak confidently told US president Donald Trump that Malaysia Airlines (MAS) would acquire eight B787-9 Dreamliners and eight B737 MAX jets. Those aircraft have a list price of USD3.06 billion before discount. During election hustings the past fortnight Mahathir Mohamad, Malaysia’s newly elected 93-year old leader, made a mockery of Najib’s trip to Washington and the subsequent promise to buy Boeing planes. It is understood Mahathir will instruct officials in his…

  • BAGS OF NUTS SOLD HERE. INCHEON AIRPORT, SEOUL. PIC/SHUKOR YUSOF
    Aviation

    No “Pil Sung” for Korean Air

    It’s probably fair to say that Heather Cho Hyun-ah knows more about macadamia nuts than most people. The former vice-president of Korean Air became infamous in late 2014 after ordering the flag carrier’s aircraft back to the gate at JFK New York as it was about to take off for Seoul. The reason: she was unhappy the nuts served in first class came in a bag, instead of on a plate. This incident has even made it into Wikipedia as the nut rage incident. Being petulant seems to run in the Cho family. Last month her younger sister Emily Cho Hyun-min, a senior vie-president in Korean Air, was suspended following allegations…