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Saturday, December 6, 2014

MAS suffered losses because Malaysians stupid, says Dr M

Former prime minister Tun Dr Mahathir Mohamad today blamed Malaysians for the losses incurred by Malaysia Airlines. – The Malaysian Insider file pic, December 6, 2014.Former prime minister Tun Dr Mahathir Mohamad today blamed Malaysians for the losses incurred by Malaysia Airlines. – The Malaysian Insider file pic, December 6, 2014.
Malaysia Airlines incurred losses because Malaysians do not know how to manage aviation, former prime minister Tun Dr Mahathir Mohamad said today.
“Malaysians are stupid. They don't know how to manage aviation,” Dr Mahathir was quoted by news portal Malaysiakini as saying in comments over Christoph Mueller's appointment as chief executive officer-designate of Malaysia Airlines Bhd (MAS NewCo).
Those responsible for the losses of the ailing national carrier were now trying to make things right, he said.
Mueller, who will be the first non-Malaysian chief executive of MAS, will also join the board as a non-executive director. 
Celcom chief executive Datuk Seri Mohammed Shazalli Ramli will also join the MAS board as non-executive director. His and Mueller's appointments to the board will be effective January 1.
The appointments are part of the sovereign wealth fund Khazanah Nasional's efforts to rescue and restructure the airline.
- TMI

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