MAS must drive operational excellence rather than merely cut costs
An ailing sector, groaning companies & petrified employees are routine in the aviation business today. Malaysian Airlines (MAS) seems no different. After a third consecutive loss-making quarter ending December 31, 2005 (loss of $342 million), a resurgence plan for MAS was heralded on March 27, 2006, which aims at cutting costs with 6,500 job cuts & withdrawal from 96 domestic routes.
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Source IIPM-Editorial,2006
An ailing sector, groaning companies & petrified employees are routine in the aviation business today. Malaysian Airlines (MAS) seems no different. After a third consecutive loss-making quarter ending December 31, 2005 (loss of $342 million), a resurgence plan for MAS was heralded on March 27, 2006, which aims at cutting costs with 6,500 job cuts & withdrawal from 96 domestic routes.
For Complete IIPM-Article, Click IIPM- B School
Source IIPM-Editorial,2006