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Bulan Puasa Berangin Juga
By Kapal Berita
14/12/2000 1:24 pm Thu
SwissAir dan KLM menafikan kabar angin di bulan puasa yang dilapurkan
bersumber dari Tajuddin Ramli.
Terdapat kebimbangan syarikat tersebut untuk mengambil langkah yang
memudaratkan mereka sendiri. Menurut jurucakap Majalah Orient Aviation,
Qantas hanya berminat jika ada jaminan MAS tidak akan diikat untuk
terbang. Ia perlu bebas diurus untuk menentukan penerbangannya mengikut
kehendak komersil dan penswataan yang bebas.
"Terdapat kebimbangan gangguan politik ... Malaysia adalah satu negara yang
amat nationalistik, terutamanya jika Mahathir masih berkuasa." ujar
Tom Ballantyne, ketua kurucakap of majalah Orient Aviation.
Lagipun Malaysia asyik bertekak dengan Canbera sejak Mahathir memegang tampuk
kuasa. Tidak mungkin Qantas boleh melupakan karenah Mahathir.
Kalau ya pun, kita berharap Tajuddin tidak beria-ria membuka cerita, ini kan
bulan puasa. Kalau dah rezeki takan kemana, tetapi kalau minyak sudah tidak
ada, kapalterbang hebat macam mana pun akan menjunam dan meletup juga.
Yang selamat hanyalah iman yang terpaku di dada. Bohonh hanya mengundang celaka....
Fears of political meddling hampering airline stake sale: analysts
KUALA LUMPUR, Dec 11 (AFP) - 15:41 - Two foreign airlines have denied plans
to buy a stake in loss-making Malaysia Airlines and analysts said Monday
that fears of political meddling were deterring potential overseas
Just two days after Malaysia Airlines executive chairman Tajudin Ramli was
quoted as saying that KLM, SwissAir and Qantas were showing "very, very
serious" interest, SwissAir and KLM denied they plan to take a stake.
SwissAir said it had no intention of buying a shareholding and was only
interested in expanding commercial operations.
Officials in Amsterdam were also quoted as saying KLM had no current
interest in buying a stake.
Australia's Qantas said it had made no decision and industry sources said
none was imminent. The firm indirectly indicated that having a say in
management would be an issue.
"We have had discussions with MAS (the airline parent company) on a number
of issues including possible equity and commercial cooperation," said
Qantas chief executive designate Geoff Dixon in a statement.
"We have not finalised any decision and are waiting to learn specific
details of what is on offer.
"If Qantas decides to take any significant equity in another airline, it
would be on the basis of Qantas being welcomed as a partner and being able
to gain some real synergies."
Tajudin, whose company Naluri Bhd holds the largest single stake of 29
percent in Malaysia Airlines, says he has almost finalised a deal to sell
this to the government.
The government is then expected to sell all or part of the stake to a
foreign carrier to bring in outside expertise and raise capital.
"I don't think Qantas will be particularly interested unless there are
guarantees that it will be absolutely free to manage the airline under
truly commercial and privatised conditions," said Tom Ballantyne, chief
correspondent of Orient Aviation magazine.
"There is a fear of political interference ... Malaysia is a very
nationalistic country, especially while Dr. Mahathir is still in charge."
Ballantyne also cited past diplomatic disputes between Prime Minister
Mahathir Mohamad's government and Canberra.
He said Malaysia's flag carrier was highly regarded in terms of service but
added: "I don't think Malaysia Airlines is especially attractive at this
time. It has been losing a lot of money and needs a lot done.
"Even when privatised it will probably be subject to a lot of political
Ballantyne said Qantas had a very strong hubbing operation in Singapore
with British Airways. "I can't see Qantas talking about setting up Kuala
Lumpur as a hub."
Attracting a foreign partner "will be difficult," said a regional aviation
analyst who declined to be identified.
"Malaysia Airlines has a track record where government interference has
been the norm, where non-commercial considerations often intrude. It is a
very major obstacle (to taking a stake)."
The analyst believed there was potentially still overseas interest but said
prospective buyers would need a "very strong reassurance" that they could
exercise some control over management.
He said some routes seemed to have little commercial justification, such as
a twice-weekly flight to Zagreb.
"There has been a tendency to treat Malaysia Airlines as an extension of
the diplomatic service. That reputation would have to concern a strategic
"Will they be vetoed if they try to steer the airline in a commercial
The analyst said the last few years had been difficult to Malaysia
Airlines. "It made losses for three years and when it made profits these
were not especially impressive."
The airline posted a net loss of 258.57 million ringgit (68 million
dollars) in the year to March, compared with a net loss of 700 million
ringgit the year before.
Pricing may also be a problem if the government buys Tajudin's stake at the
eight ringgit a share he paid for it and if it expects to recoup that from
a foreign buyer.
Naluri has debts of close to one billion ringgit (263 million dollars).
Malaysia Airlines was down 0.14 ringgit at 3.84 at midday Monday following
the KLM and SwissAir comments, after rising sharply last week following
"It is difficult to understand what everyone's up to and this makes a lot
of people uncomfortable," the analyst added.
December 11 , 2000 13:08PM
Tajudin non-commital over Swissair & KLM denials
"You had better ask the shareholder. I'm selling (the stake) to the
government," he said in an apparent reference to the government being the
major shareholder of MAS.
Tajudin was approached by reporters here after an underwriting ceremony of
Edaran Digital Systems Bhd of which he is chairman. Edaran Digital Systems
is involved in information technology and telecommunications.
Foreign news agency reports had quoted Swissair and KLM officials as saying
that they did not have plans to buy MAS shares from the government at
The statements by the two airlines came soon after Tajudin's statement last
week that Swissair, KLM and Australia's Qantas Airways were potential
buyers of his 29.01 percent stake in MAS.
However, Qantas recently confirmed that it is in talks to buy some shares
It is believed that the government is negotiating to buy Tajudin's
strategic stake in MAS now held by Naluri Bhd, of which Tajudin is also
chairman, before selling all of the stake or parts of it to interested