by DayakDaily Team
KUCHING, Feb 14: Parti Bumi Kenyalang (PBK) president Voon Lee Shan has called on the Sarawak government to disclose the financial health of MASwings at the time of its acquisition, highlighting concerns over the lack of transparency and the potential risks associated with venturing into the airline business.
In light of several airlines around the world declaring bankruptcy, Voon questioned the need for Sarawak to venture into the airline sector and the potential financial implications of owning and operating an airline.
“The GPS government should disclose what is the health of MASwing at the time it was acquired by Sarawak. There is no disclosure about this, I guess .
“If MASwing is in the red, then it may not be wise to buy MASWing.
“The Sarawak government needs to declare or disclose financial health of MASwing to the public at time of purchase,” Voon said in a statement today.
He also pointed out that several airlines in the world have declared bankruptcy, with some ceasing operations, while other airlines reported historic reductions in flights, as well as accelerating retirements of certain aircraft types.
“There is a need to do deep research and proper studies before venturing into airline business,” he stressed.
“There could be things unexpected or unforeseen in airline industry.
“The priority of Sarawak is not to have airline on her own to connect her people. What we badly need is proper roads connecting all areas in Sarawak,” Voon said. – DayakDaily
