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Old June 25th, 2006, 11:47 AM   #481
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Quote:
Originally Posted by classhopper
Do MAS have a plan to change their livery?
Why do you ask?
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Old June 25th, 2006, 12:27 PM   #482
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Quote:
Originally Posted by classhopper
Do MAS have a plan to change their livery?
I don't think so..current livery is fine
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Old June 25th, 2006, 12:37 PM   #483
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Quote:
Originally Posted by SLAA
Why do you ask?
Just wanna know. It's fine to keep seeing classic one.
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Old June 26th, 2006, 05:56 AM   #484
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Quote:
Originally Posted by classhopper
Do MAS have a plan to change their livery?

I dun think they would change as it would cost the bleeding airline mroe money. However one do not temper with a sucessful branding.......well......aesthetically and commercially this branding is all well and good

In fact a lot of non-Malaysians say it is nice too
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Old June 26th, 2006, 05:57 AM   #485
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Quote:
Originally Posted by SLAA
Why do you ask?

Hehehe.....I think because Thai changes theirs ( I like their old one better but the newer one is more 'refresh' ). However its cool that he ask........I guess he's just curious as MAS had been using this livery for a long time now and that many major airlines have changes theirs
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Old June 26th, 2006, 11:28 AM   #486
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MAS is scrapping off some of its unprofitable routes (int'l) but does anyone know whether it is adding more frequencies to its lucrative destinations?
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Old June 28th, 2006, 05:17 PM   #487
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Malaysia Airlines agrees to sell office headquarters for cash
28 June 2006

KUALA LUMPUR, Malaysia (AP) - Malaysia Airlines said Wednesday it has agreed to sell its office headquarters for 130 million ringgit (US$36 million; euro29 million) to raise cash and bolster the loss-stricken carrier's finances.

The 35-story building, known as Bangunan MAS, in Kuala Lumpur, Malaysia's largest city, will be sold to state-owned fund management firm Permodalan Nasional Bhd., Malaysia Airline System Bhd. said in a statement to the stock exchange.

The net book value of the airline and ticketing business headquarters was 81.2 million ringgit (US$23 million; euro18 million) at the end of December 2005, the statement said.

On completion of the sale, Malaysia Airlines said it expects to realize a gain of 46 million ringgit (US$12.8 million; euro10.2 million). The carrier has said it needs some 4 billion ringgit (US$1.1 billion; euro875 million) cash to restructure and return the company to profitability.

The airline reported a loss of 1.3 billion ringgit (US$362 million; euro288 million) for its financial year ended December 2005 and wants to turn around in 2007 with a projected 50 million ringgit (US$14 million; euro11 million) net profit.
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Old June 30th, 2006, 01:13 PM   #488
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MAS wins another award

PETALING JAYA: Malaysia Airlines (MAS) has clinched the “Best Economy Class” at the World Airlines Award 2006 organised by Skytrax – the leading research advisor to the world's airline and air transport industry.

The national carrier took the top position in the survey, conducted between September last year and May based on the quality of product and service standards supplied on long-haul intercontinental routes.

Its managing director and chief executive officer Idris Jala said one of the objectives of the airline’s business turnaround plan was to increase economy class competitiveness.

“It is the key driver of our profitability. Our efforts are not only beginning to show positive financial results but have also won us recognition by the industry,” he said in a statement yesterday.

“This is timely as we have now moved from a business-focused to a leisure-focused and business-interested customer base to increase both our loads and yields on economy class.”

Idris said MAS had, in the last 12 months, won some of the most prestigious global industry awards for excellence, including Skytrax’s Top Three ranking for “World’s Best Cabin Award” for the second consecutive year.
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Old July 6th, 2006, 09:44 AM   #489
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MAS inaugral flight to Kingdom of Bahrain

New air link is agreed from Gulf Daily News today
By SOMAN BABY

MALAYSIA Airlines started operations to Bahrain yesterday, becoming the 38th international airline to operate to the kingdom.

The inaugural flight was received by airport director Mohammed Al Kabi, who cut a welcome cake at the airport with pilot Captain Aswardy Moktar.

Civil Aviation Affairs Under-Secretary Captain Abdulrahman Al Gaoud hosted a luncheon reception for the crew and airline officials at the Moevenpick Hotel.
He conveyed the greetings of Deputy Prime Minister and Transportation Minister Shaikh Ali bin Khalifa Al Khalifa to Malaysia Airlines.

"The Deputy Prime Minister has pledged his full support to the airline's operational plan for Bahrain," said Capt Al Gaoud.

"The new air link will further strengthen the aviation ties between the two countries." Malaysian Ambassador Naimun Ashakli Mohammad, who also attended the reception, praised Shaikh Ali's efforts in encouraging Malaysia Airlines to operate to Bahrain.

"The new air services will help strengthen the bilateral relations between our two brotherly countries," he added.

"We are extremely delighted with the high international standard of services provided by Bahrain International Airport to foreign airlines."

The luncheon reception was also attended by the airline's regional marketing manager for Middle East and Africa, Vinay Nambiar.

The inaugural flight carried 150 passengers to Bahrain from Kuala Lumpur.
More than 100 passengers, including Justice Minister Dr Mohammed Al Sitri, boarded the flight from Bahrain.

Malaysia Airlines will operate on Wednesdays and Fridays, using the modern Airbus A330 aircraft.

It will operate on the Kuala Lumpur-Bahrain-Dubai- Kuala Lumpur sectors. Malaysia Airlines vice president for Middle East and Africa Halimy Mahmood said earlier this year that 17 flights would be operated from Kuala Lumpur to Bahrain between today and September 1.

"During the peak period of July and August, we expect good traffic and would take this to be a springboard to regular operations in the very near future," Mr Mahmood said during the Bahrain International Travel Expo - BITE 2006.

"A large number of Bahrainis travel to Malaysia every summer .After September 1, we shall halt flights for a while, only to come back with regular, scheduled operations."

Mr Mahmood said the Malaysian government had stepped up efforts to promote Malaysia in Bahrain and the other GCC states.

"This is being done by promoting the medical tourism and educational facilities in Malaysia," he revealed.

"The total number of tourist arrivals in Malaysia reached 16.4 million in 2005, with receipts estimated at a whopping $8.72 billion (BD32.2bn). "As far as this region is concerned, Malaysia registered 147,646 visitors from the Gulf during 2005, which is a 17.1 per cent increase compared to the same period the previous year."
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Old July 8th, 2006, 11:02 AM   #490
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AirAsia launches latest hub in KK
Updated : 07-07-2006
Media : The Star


KOTA KINABALU: Malaysia's low-cost carrier AirAsia has launched its latest hub here.

The hub, scheduled to be fully operational on Tuesday, is expected to see direct flights from Sabah's capital to Tawau and Miri. AirAsia hopes to include Kuching and Sandakan as soon as possible.

AirAsia chairman Datuk Pahimin A. Rejab predicted an increase in air travel between Sabah and Sarawak as well as to Asean countries once the airline launches its second hub in the region next month in Kuching.

Chief Minister Datuk Musa Aman, who launched the Kota Kinabalu hub yesterday, said the airline could play a major role in promoting tourism in Sabah, which recorded some 701,000 visitor arrivals, including 286,000 foreign tourists, up to May.

Sabah stands to gain with more direct flights from international and domestic destinations, he added.

Bookings for daily AirAsia direct flights from Kota Kinabalu to Miri and Tawau can be made online as well as through other distribution channels.
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Old July 9th, 2006, 08:47 AM   #491
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Its really a shame that AirAsia is outdoing MAS now...
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Old July 9th, 2006, 03:12 PM   #492
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From: http://sg.biz.yahoo.com/060709/1/41zhd.html
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Sunday July 9, 3:19 PM
Price war over Malaysian skies as Malaysia Airlines provides discounts

Loss-making Malaysia Airlines has said the government has authorised it to offer discounted fares on domestic routes so it can compete better with a low-cost rival.

"The government has removed the floor price imposed on Malaysia Airlines under the new domestic aviation policy," the state-owned flag carrier said in a statement.

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"This means in the domestic sector, the national airline will be able to provide appropriate discounts to its passengers when it makes commercial sense to do so."

Analysts said the decision would spark a price war on domestic routes between Malaysia Airlines and profitable low cost carrier AirAsia.

Malaysia Airlines said that during lean periods each year when air travel was typically low, "it is important that Malaysia Airlines ... has the opportunity to implement discounted prices to encourage more air travel."

Wan Suhaimi, an economist with K and N Kenanga, told AFP the winner in this price war would be the customers.

"Air fares will now be determined by supply and demand factors. It will help improve efficiency in our airline industry. It is about time the government stops controlling air fare tickets," he said.

The national carrier's managing director Idris Jala said under the new domestic aviation policy which takes effect August 1, Malaysia Airlines would be free to restructure its domestic operations to make them profitable.

"We can now exercise full control over our frequencies, fleet and pricing to best serve the needs of our passengers," Idris said, adding that the government would not subsidise the airline after August 1.

Under the new structure AirAsia will take over 99 of Malaysia Airlines' domestic routes, many of which are currently losing money.

Malaysia Airlines also said it would now operate 22 domestic trunk services with three new routes to Borneo island.

The government would then stop underwriting the loss-making domestic services which the national carrier was previously obliged to operate.

AirAsia has been pushing for access to the domestic routes, saying it can succeed where the national carrier has failed and wring profits from services to rural and small-town destinations.

Malaysia Airlines, which announced the turnaround plan last month after posting a 350 million dollar annual loss, said it would shed some 6,500 of its 23,000 employees and reduce its fleet from 40 to 21 aircraft.
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Old July 13th, 2006, 12:37 AM   #493
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Fernandes to retain control of AirAsia, not selling to Temasek: report

KUALA LUMPUR, July 12, 2006 (AFP) - Tony Fernandes, head of budget carrier AirAsia, will ensure the airline remains Malaysian owned and not sell shares to Singapore state investment arm Temasek Holdings, a report said Wednesday.

Fernandes, who has a majority stake in Tune Air which in turn owns 40 percent in Asia's pioneering low cost airline, said AirAsia would remain 51 percent locally controlled.

At the same time, Fernandes, the company's chief executive officer, said there was nothing to prevent Temasek from buying AirAsia shares via normal market dealings.

"They are free to buy our shares from the market. We can't prevent them from doing so but we will not sell the shares that we currently hold to them.

"AirAsia is a Malaysian company and we intend to keep it that way," Fernandes was quoted as saying by the New Straits Times newspaper.

Temasek is one of Asia's biggest investor groups with a diversified portfolio worth 103 billion Singapore dollars (65 billion US).

A local Malay daily had reported that Temasek, which already owns a five percent stake in AirAsia, was trying to increase its holding. Currently some 45 percent of AirAsia's shares are held by foreign investors.

AirAsia's shares have taken a beating since Monday after national carrier Malaysia Airlines announced that the government had authorised it to offer discounted fares on domestic routes.

The stock extended losses early Wednesday, dropping 0.11 ringgit to 1.37 ringgit (0.40 dollars).

AirAsia was launched as a budget carrier in December 2001 with just two aircraft. It now offers more than 100 domestic and international flights to Malaysia, Thailand, Indonesia, Singapore, Cambodia, Vietnam and the Philippines.
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Old July 13th, 2006, 12:38 AM   #494
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Malaysia Airlines to offer discounts despite AirAsia opposition: minister

KUALA LUMPUR, July 12, 2006 (AFP) - The cabinet has backed a plan to allow Malaysia Airlines to offer discounts on domestic routes, despite strong opposition from budget carrier AirAsia, a senior minister said Wednesday.

Transport Minister Chan Kong Choy said that allowing loss-making Malaysia Airlines to scrap its floor price did not violate the carrier's rationalisation programme, under which it will retain only a few local routes.

"The Cabinet looked into the matter again and decided that in the interests of the people and the aviation industry, it would be better to do away with the floor price," Chan said in a Bernama news agency report.

Chan said the outcome had been conveyed to both airlines.

"The decision stays. Those with other views are free to forward them to the government," he added.

AirAsia on Monday said allowing from Malaysia Airlines to offer discounts on domestic flights was unfair and a "total deviation" from an agreed plan to share those services.

"We feel it is unfair. We feel we should be given an opportunity from the government to state our (position)," AirAsia group deputy chief executive, Kamarudin Meranum said.

Malaysia Airlines announced Sunday the government had given it the nod to offer discounted fares on its domestic routes to better compete with AirAsia, a move expected to spark a price war and benefit consumers.

Under a new aviation policy which takes effect on August 1, AirAsia is to take over 99 of Malaysia Airlines' domestic routes, many of which are currently losing money.

The policy originally set a minimum fare or floor price for the national carrier's domestic routes but the announcement from Malaysia Airlines was an apparent government reversal of that decision.

Malaysia Airlines has said it will now operate 22 domestic trunk services with three new routes to Borneo island as part of its restructuring.
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Old July 13th, 2006, 05:34 PM   #495
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Malaysia committed to see both AirAsia and Malaysia Airlines grow: minister

KUALA LUMPUR, July 13, 2006 (AFP) - Malaysia is committed to seeing both pioneering budget carrier AirAsia and flag carrier Malaysia Airlines achieve healthy growth, a senior minister said Thursday.

"We want both the airlines to grow," Transport Minister Chan Kong Choy told AFP.

Chan said the government would assist profitable AirAsia find new destinations, including the lucrative Kuala Lumpur-Singapore service, to which the budget carrier wants access.

"I would like to see AirAsia fly to all destinations. We will assist," he said when asked about the Singapore route. He did not elaborate.

Chan's comments come after a controversial decision by the government to allow Malaysia Airlines to offer discounts on its much reduced domestic network despite strong opposition from AirAsia.

AirAsia's share price Thursday fell for a fourth straight day, losing 0.08 ringgit to 1.30 ringgit, its lowest since it was listed in November 2004. Malaysia Airlines was up 0.02 to 2.87 ringgit.

Tony Fernandes, head of AirAsia, is due to meet transport ministry officials Friday.

AirAsia director Aziz Bakar meanwhile fired off another round of criticism against the government for allowing Malaysia Airlines to offer discounts.

"Look at what we get and what Malaysia Airlines gets. Are we being subsidised and are we being assisted? Just look at all these and make your own conclusions," Aziz Bakar was quoted as saying by the official Bernama news agency.

Speaking on Wednesday, Minister Chan had said allowing Malaysia Airlines to offer discounts did not violate the carrier's rationalisation programme, under which it will retain only a few local routes.

AirAsia on Monday said allowing Malaysia Airlines to offer such discounts was unfair and a "total deviation" from an agreed plan to share those services as part of the loss-making flag carrier's restructuring.

Under a new aviation policy which takes effect on August 1, AirAsia is to take over 99 of Malaysia Airlines' domestic routes, many of which are currently losing money.

Malaysia Airlines will then operate 22 domestic services, including three new routes to Borneo island as part of its restructuring, in addition to its international routes.
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Old July 14th, 2006, 11:26 PM   #496
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From: http://au.news.yahoo.com/060714/19/zs9n.html
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Malaysia Airlines announces further route cuts

KUALA LUMPUR (AFP) - Malaysia Airlines announced further cuts to its routes, dropping some flights to China, Indonesia and Japan as part of cost-saving measures aimed at reversing its flagging fortunes.
Over the next three months, the airline will drop twice-weekly return flights from Kota Kinabalu in eastern Sabah state to Shanghai, and twice-weekly services from Tawau in Sabah to Tarakan in Indonesia.

Its thrice-weekly Airbus A330-300 return service from Kuala Lumpur to Fukuoka, Japan will be cut, as will the twice-weekly Airbus A330-300 direct service between Kuala Lumpur and Chengdu in China, the airline said in a statement.

"Through this network right-sizing, in line with our business turnaround plan, we will improve our connectivity and frequency through KL International Airport," said managing director Idris Jala.

"Currently, we operate only two daily waves of flight arrivals and departures through KLIA but after 1 August this year, we will shift to four waves per day," he said.

He said the airline would continue to "harness existing and future code-share agreements with partner airlines to ensure minimal impact on Malaysia's position as a top tourist destination."

Malaysia Airlines in March announced the beginning of its "route rationalisation plan," which involves cutting certain domestic destinations and long-haul international routes.

Route changes announced in March included the axing of flights to cities in India, China and Europe.

The changes are part of a three-year plan introduced by Jala to revive the carrier's fortunes after it posted a 1.3 billion ringgit (354 million dollar) loss for the 2005 financial year.
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Old July 15th, 2006, 09:55 AM   #497
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MAS poised to soar again

BY RITA BENOY BUSHON

EPF has an 11% stake in Malaysia Airline (MAS) while Penerbangan Malaysia Bhd (PMB), a Khazanah-owned company, owns 69%. The national carrier has a fleet of 110 aircraft flying over 100 destinations compared with Singapore Airlines' 92, Thai Airways' 87 and Cathay Pacific's 97. The average age of MAS' fleet is 10.6 years.

MAS was accorded five-star status in 2005 by Skytrax, a global aviation rating agency, placing it among the best airlines together with Cathay Pacific, Singapore Airlines and Thai Airways. It also ranked among the top three for “best cabin crew” and won the Economy Class Service Excellence award for 2006. This is testament that MAS has strong brand equity.

Operating in a global environment, however, MAS has to face the challenges of competing with the best in the world.

The industry has been facing upheavals recently. Many operators that were unable to take this pressure had to rationalise. The industry has suffered financial losses since 2001 and up to 2005, the loss was to the tune of US$40bil globally. This is despite global passenger traffic growth of 7.2% and freight growth of 3.2% in 2005.

Higher fuel price was the major contributor as it represents one-third of costs of most airlines. Another factor was competition from low-cost carriers or that not only added capacity but gave the traditional full service carriers a run for their money.

Pricing strategies became aggressive and some full-service carriers had to slash prices below cost just to retain passengers. Many full service carriers also announced significant expansion plans, adding capacity over the next five years. All these factors could further cause prices to become more competitive going forward.

MAS had been making losses for many years. Since the restructuring under the asset unbundling exercise in 2002, some profits were registered in financial year 2003 (FY03) and FY04. However, it registered losses again in FY05, attributed to increase in input costs, mainly escalating oil prices and staff costs that increased year-on-year (yoy) by 40% and 21% respectively. The losses were to the tune of RM1.26bil. This was despite a 10% increase in passenger traffic to 7.1 million passengers, increase in load factor to 71% and increase in yields measured by sen/revenue passenger per km.

For the first quarter FY06, revenue was on the uptrend reaching RM3.03bil but the bottomline was still in the red amounting to RM321mil for the same reasons as FY05. Its operating costs increased 9% yoy to RM3.34bil attributed to the high fuel cost of RM1.1bil.

Other costs such as aircraft hire and lease charges too increased as a result of higher interest rates. In addition, the new Financial Reporting Standards rule meant that depreciation charges escalated by 35% despite MAS having fewer assets.

In December 2005, Idris Jala was brought in as managing director to turn MAS around. In February, he announced a business turnaround plan to return the company to profitability by 2008. The plan centred around two core areas, i.e. improving yields and managing costs.

Measures implemented included tighter control of ticket inventory, excess baggage charge collection and increase of fuel surcharge. It implemented a mutual separation scheme to reduce its staff strength by about 6,500 by 2008 from 23,000 currently. Its focus is to raise productivity by employing high calibre personnel.

The restructuring has gained momentum. Seven unprofitable routes have been terminated in 2006. It managed to get entry into the Sky Team alliance, one of the three main alliances globally. It plans to focus on a few hubs and have connectivity to spokes using code-sharing alliances instead of a point-to-point system.

For example, in Europe the focus would be on only four hubs instead of 10 destinations. It will also continue to operate 22 domestic trunk routes with AirAsia.

To address concern on fuel price, it has engaged in hedging tools to make fuel cost a constant. MAS revealed that currently, 70% of its fuel requirement has been hedged at US$57/barrel. To improve yields, it recently increased fares for its very popular Singapore-KL route by 20% for its confirmed economy class which we see to be a good move because it has a de facto monopoly of this route with SIA.

The numbers are expected to improve going forward as the cost-cutting and yield-enhancing programmes take effect. However, shareholders will have to wait for at least two years before any dividend can be paid.
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Old July 15th, 2006, 01:23 PM   #498
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Quote:
Originally Posted by Keat
BY RITA BENOY BUSHON


The restructuring has gained momentum. Seven unprofitable routes have been terminated in 2006. It managed to get entry into the Sky Team alliance, one of the three main alliances globally. It plans to focus on a few hubs and have connectivity to spokes using code-sharing alliances instead of a point-to-point system.
since when did MAS managed to get an entry into skyteam..i thot its still in premilinary stages..
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Old July 15th, 2006, 05:30 PM   #499
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since when Rita Benoy Bushon didnt do her homework properly.. muahahahahaha..
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Old July 16th, 2006, 06:50 AM   #500
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Quote:
Originally Posted by musang
MAS is scrapping off some of its unprofitable routes (int'l) but does anyone know whether it is adding more frequencies to its lucrative destinations?
The answer so far has been NO!! Frequencies are still awful. Only 3x weekly to New York, Rome. Not even daily to Frankfurt, Europe's financial capital.

It seems that MAS is turning into a leisure airline, international destinations without decent proper frequencies to them.
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