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THERE has never been a dull moment for airport operator Malaysia Airports Holdings Bhd (MAHB). Just as the landmark collaboration between Malaysian Airlines (MAS) and AirAsia Bhd was revealed, it seemed sure that a massive board and management shake up was imminent at MAHB to drive the agenda of making Kuala Lumpur an aviation hub.
A DECADE later, Malaysia Airlines (MAS) appears to be back in the cradle, taking baby steps for yet another recovery, this time accompanied by the rosy promise of returning to its golden era, no less from one of its new stewards, Mohammed Rashdan Yusof (newly appointed executive director).
PETALING JAYA: Analysts focussed largely on which carrier would benefit more from the collaboration and share swap a day after Malaysia Airlines and AirAsia Bhd revealed their alliance with most concluding that the national carrier would be the bigger winner, not least because such a tie-up would help lift its flagging operations.
A down-to-earth business philosophy combined with laudable foresight planning as well as Malaysia's rich natural resources and stable political environment has turned a small trading company into a billion-ringgit multinational over the course of 27 years. Today, agriculture-based QL Resources Bhd whose core business includes marine products manufacturing, integrated livestock farming and crude palm oil (CPO) milling, is the largest fishmeal maker in Malaysia and the largest producer of surimi (processed fish paste) in Asia.
PETALING JAYA: Volatility in oil prices and a possible oversupply in capacity within the Asia-Pacific over the next few months will likely cap the earnings growth of local airlines.