SHARING: Collaborations needed to raise national carrier’s business synergy, says PM
THE supplemental collaboration agreement between Malaysia Airlines (MAS) and AirAsia X was signed to provide an opportunity to the national carrier to operate flights at a lower cost, Datuk Seri Najib Razak told the Dewan Rakyat yesterday.
The prime minister said the agreement and two other memoranda of understanding inked after the MAS-AirAsia share-swap deal was shelved was for procurement, aircraft repair and maintenance services.
"MAS has the opportunity to enjoy better terms and conditions through sharing of equipment and services besides sharing and selling reserve capacity to other airlines," said Najib, who is also finance minister, in his written reply to Wee Choo Keong (Independent-Wangsa Maju).
Wee had questioned the need for a joint venture between MAS and AirAsia X after the share-swap deal was revoked on May 2.
Najib said such collaborations had to be continued to increase MAS' business synergy by enhancing its flight services in the main market, improve passenger handling and optimise utilisation of resources.
He said MAS' business plan focused primarily on engineering and maintenance as a strategic move to enhance the potential of the Malaysian Aerospace Engineering (MAE), not only for aircraft maintenance but also to further develop maintenance, repair and overhaul services.
"This will make MAE more competitive and can entrench its position in the increasingly challenging and rapidly developing aviation industry." Bernama