Turbulence ahead | Bangkok Post: business

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Turbulence ahead

Amid shareholder anger and taxpayer disenchantment, MAS is pushed closer to drastic action to reverse losses.

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A day after a stormy annual general meeting at which minority shareholders demanded the resignation of the board and management team of Malaysia Airlines (MAS) and denied directors their fees initially, the airline’s biggest union took the opportunity to protest outside the headquarters of the beleaguered national carrier. 

Airport ground staff walk past Malaysia Airlines planes parked on the tarmac at Kuala Lumpur International Airport in Sepang.

The MAS Employees Union (Maseu) was demanding – not for the first time – that the top three executives in MAS resign, signalling a growing lack of confidence from within the organisation and outside.

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