AirAsia Going Asset-Light and MTUC Defends Proposal

J.Solomon, Secretary General, Malaysian Trade Union Congress (MTUC)

18-Jun-19 07:45

AirAsia Going Asset-Light and MTUC Defends Proposal

Pause
Embed

Air Asia paid a special dividend of 90 cents after the airline group sold its 25 aircrafts to US private investment firm Castlelake LP in a deal worth 768 million US dollars (RM3.22bil) last year. This is part of AirAsia shifting from the traditional model of owning aircrafts to an asset-light model. One of the benefits is lowering its financial liabilities.

04:09 - The Malaysian Trade Unions Congress or MTUC put forth proposals last week to amend Malaysia’s labour laws. One of the key recommendations was to expand coverage and protection of the Employment Act to all those with a salary of RM10,000 and below. We speak to the MTUC Secretary General himself, J. Solomon, to respond to some of the comments from previous conversations.

Presented by: Lyn Mak, Sharidz Abdullah, Julian Ng

This and more than 60,000 other podcasts in your hand. Download the all new BFM mobile app.

Categories: Business Analysis, Auto, Politics, Law and Legal Matters, Social Issues, Investments

Tags: AirAsia, asset-light-model, aircrafts, MTUC, labour law, reforms, Employment Act,

Today’s Shows

6:00 AM

The 6AM Stretch

Thought-provoking discussions on ideas, people and events shaping our lives.

7:00 AM

World Market Watch

Song Seng Wun, Independent Economist tells us where international markets are heading.

7:15 AM

Morning Brief

We recap global and local headlines from today's papers and portals.

7:30 AM

Morning Brief

Krung Thai Bank’s Poon Panichpibool weighs in on Thailand’s economic outlook

7:45 AM

Morning Brief

Journalist Erin Cook weighs in on the upcoming Myanmar's general elections.

8:00 AM

The Breakfast Grille

We revisit selected Breakfast Grille conversations on higher education to examine how universities are responding to changing demands in a more uncertain world.

8:30 AM

Morning Brief

Shamsor Mohd Zain, President of MAA takes the wheel to steer us through Malaysia’s automotive sector and what lies ahead for 2026.

8:45 AM

Morning Brief

(REPEAT) Journalist Erin Cook weighs in on the upcoming Myanmar's general elections.

9:00 AM

Opening Bell

(REPEAT) Song Seng Wun, Independent Economist tells us where international markets are heading.

9:15 AM

Opening Bell

(REPEAT) Krung Thai Bank’s Poon Panichpibool weighs in on Thailand’s economic outlook

9:35 AM

What's The Focus

We wrap up the week’s biggest conversations to keep you in the know.

10:05 AM

Open For Business

11:00 AM

Mattsplained

Matt Armitage, Founder, Kulturpop

1:00 PM

The Breakfast Grille Repeat

We revisit selected Breakfast Grille conversations on higher education to examine how universities are responding to changing demands in a more uncertain world.

2:05 PM

Discovery Hour

An eclectic selection of BBC shows, curated with variety in mind.

3:05 PM

Front Row

In this replay, we hear about the new dance production Body For Nobody, which uses movement, sound, and ritual to invite us to slow down and pay attention.

3:25 PM

Front Row

We hear about The ILHAM Art Show 2025, featuring twenty artists and collectives whose works explore everything from memory and identity, to nature and the future, from Rahel Joseph, the Director of ILHAM Gallery.

4:05 PM

Health & Living

In this ‘Best of 2025’ replay, we speak to consultant endocrinologist Dr Saiful Kassim for a breakdown of all things glucose.

5:00 PM

Evening Edition

We are breaking down Najib's trial verdict and the Perlis government collapse

6:00 PM

Popcorn Culture

We review Avatar: Fire and Ash and replay some of our best moments from the year.

7:00 PM

Just For Kicks

8:00 PM

Bar None

(REPEAT) A local football agent joins us in this episode to talk about his world and what goes around in it. Is it as glamorous as it seems?

9:00 PM

The Selector

Covering all styles of music from indie, dubstep, folk, soul, electro and everything in between from some of the most exciting artists in the UK.

PROGRAMMES