Bursa Alert
Global Market
NewsMAS-AirAsia share swap a very good Idea, says Dr M
Page 1 of 1
MAS-AirAsia share swap a very good Idea, says Dr M
by hlk Wed 10 Aug 2011, 08:26
SHAH ALAM: Former prime minister Tun Dr Mahathir Mohamad has described the share swap involving Malaysia Airlines (MAS) and AirAsia as a very good idea.
He also expressed hope that the cooperation would benefit both sides.
"AirAsia can learn about the experience of MAS and MAS can learn how to reduce costs as done by AirAsia," he said when asked to comment on the collaborative framework entered into by the airlines earlier Tuesday, Aug 9.
Speaking to reporters after the breaking of fast hosted by carmaker Proton here, Dr Mahathir was also asked about the impact of US economy on Malaysia.
"We have shifted from the US to China. Our trade with China has increased multiple folds.
"We have made preparations. When a slowdown hits the US economy, we have another big trade partner," he replied. - Bernama
He also expressed hope that the cooperation would benefit both sides.
"AirAsia can learn about the experience of MAS and MAS can learn how to reduce costs as done by AirAsia," he said when asked to comment on the collaborative framework entered into by the airlines earlier Tuesday, Aug 9.
Speaking to reporters after the breaking of fast hosted by carmaker Proton here, Dr Mahathir was also asked about the impact of US economy on Malaysia.
"We have shifted from the US to China. Our trade with China has increased multiple folds.
"We have made preparations. When a slowdown hits the US economy, we have another big trade partner," he replied. - Bernama
hlk- Moderator
- Posts : 19013 Credits : 45112 Reputation : 1120
Join date : 2009-11-14
Location : Malaysia
Similar topics» Is the AirAsia-MAS share swap off?
» Price war likely to heat up with termination of MAS-AirAsia share swap
» MYCC to investigate if AirAsia-MAS share swap has made airfares go up
» MAS, AirAsia to announce decision to unwind share swap deal today
» FlashTune Air to hold 20.5% of MAS in share swap
» Price war likely to heat up with termination of MAS-AirAsia share swap
» MYCC to investigate if AirAsia-MAS share swap has made airfares go up
» MAS, AirAsia to announce decision to unwind share swap deal today
» FlashTune Air to hold 20.5% of MAS in share swap
Page 1 of 1
Permissions in this forum:
You cannot reply to topics in this forum