In an interview, Chief Executive Idris Jala said the airline's turnaround might be derailed by regulatory changes following talks between Malaysia and Singapore on whether to open their airspace to nonnational airlines ahead of a Southeast Asian aviation-sector liberalization set for 2008.
"Our turnaround plan was conceived to coincide with the [Association of Southeast Asian Nations] road map and an earlier liberalization [of the aviation sector] will set us back as we do need time to turn around," Mr. Jala said.
What Idris Jala is saying is that:
MAS can only turnaround if MAS has no competitors in the industry and that they are allowed to raised the price as high as possible till 2007 in order for them to turnaround.
Well, in order to protect MAS, customers must pay for all the loses MAS suffered which was due entirely by their mismanagement, inefficiencies, high overheads, overly expensive vendors and maintainance cost and corrupt practices.