Air Asia vs Mas

data is as of 1st quarter 2011

Airasia
Mas
Share increase better than MAS
an asset backed corporation
paid up capital stands RM 2.76 billion with RM 54 billion as Capital Commitments.
paid up stands at RM 3.384 billion n a fixed asset value of RM 8.4 billion: net asset is at RM 6.962 billion, where cash constitute RM 2.086 billion (an asset backed corporation)
debts 7.7 billion with cash balances 1.7billion (when its capital commitment is 19 billion)
cash trove raised 6 fold from approximately 300 million to 1.7 billion but its debts skyrocketed from 1.05 billion in 2006 to 7.7 billion in 2010, an increase of 700% in 4 years’ time.
 ..
owed Malaysia Airports over RM 65 million. Not yet paid to the government. cannibalizes the government subsidies. when Air Asia FAKS gave up Rural Air Services (RAS) PREMATURELY, Khazanah did not demand for the return of the subsidy of RM65 million from FAKS. Khazanah did not demand for the payment of RM35 million, which was incurred by MAS to make the 7 aircraft airworthy for RAS, from Air Asia FAKS
prohibited to lower down its fair. MAS were not allowed to compete with Air Asia because of its different class and capabilities. Tony was quick to protest of MAS plan to start their own low cost carrier as it would not be fair to Air Asia.
annual turnover only about RM1.1 billion and annual operating turnover is RM 3.948 billion
annual operating turnover is RM 12.98 billion
operating revenue from airline operation is at RM 2.839 billion.
operating revenue from airline operation is at RM 11.649 billion
For the second quarter ended June 2010, Air Asia posted a net income of RM198.93 million
MAS suffered a net loss of RM532.73 million.
Tony become the single biggest shareholder in MAS with 20.5%
Through Khazanah(GLC), hold only 10% share in Air Asia
make so much net money in shorter time
bigger network, higher standard of service, three times more operating revenue, stronger assets, lesser debts, more cash and better paymaster track record

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