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Wednesday, September 10, 2014

AirAsia ready to absorb laid off MAS employees

 Tan Sri Tony Fernandes says AirAsia will do its best to take in as many former MAS employees to cope with its growth. – Reuters file pic, September 10, 2014. Tan Sri Tony Fernandes says AirAsia will do its best to take in as many former MAS employees to cope with its growth. – Reuters file pic, September 10, 2014.
Low-cost carrier AirAsia Bhd is willing to take in some of Malaysia Airlines (MAS) employees following Khazanah Nasional Bhd's plan to lay off some 6,000 staff under the national carrier's restructuring plan unveiled more than a week ago.
The 6,000 workers represent about 30% of the total 20,000 workforce in MAS.
"AirAsia X and AirAsia are growing, of course we will do the best to absorb as many as possible and we have been (absorbing MAS staff) anyway.
He said the transition of employees from MAS joining the AirAsia group was healthy due to differing preferences of airline employees, some of whom might want to work with low-cost carriers rather than premium airlines.
About 50% of AirAsia's employees were formerly with MAS.
"Some of AirAsia staff have gone to MAS as well and that is healthy as there are some people wanting low-cost and some wanting premium airlines," he said.
Khazanah Nasional, the government's investment arm, now owns 69.3% of the flagship carrier and would likely own the entire shareholding in MAS following an offer to buy the remaining equity at 27 sen per share from minority shareholders.
The restructuring of MAS is expected to cost RM6 billion. – Bernama

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