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07-05-2014, 06:10 PM
An honorable member of the Coffee Shop Has Just Posted the Following:
Posted this 2 days ago on the thread: http://sammyboy.com/showthread.php?1...ns-HUAT!/page2 (http://sammyboy.com/showthread.php?180934-Great!-SG-Airline-LOST-Hundreds-of-Millions-HUAT!/page2)
yeah, the CEO is a sinkie, Koay Peng yen, who spend his entire career in the shipping industry. even graduated with Ocean systems management degree from MIT, and was shipping executive in NOL, as well as in PaxOcean engineering and Pacific Carriers. i still don't know why he was appointed CEO as he knows nothing and has no background in the Aviation industry, much less in the very demanding budget airlines market. this kind of appointment really stinks. i can't believe that Pillay with all his years at SQ would pick this guy to be CEO. And you wonder why they are going under.
This is typical of the PAP and we have seen them do it many times before. Spend millions to start an enterprise, and than put in a totally unqualified person to run it, and than sit back and watch while it loses money. except, its not their money its ours!!
just found out he kenna fired
SINGAPORE (Reuters) - Singapore's Tiger Airways Holdings said it would be replacing its CEO with an executive from its largest shareholder, Singapore Airlines (SIA), days after the budget carrier reported a big widening in its losses.
Lee Lik Hsin, a 20-year veteran of SIA, which owns 40 per cent of Tiger, will become chief executive from May 12, replacing Koay Peng Yen who joined Tiger less than two years ago, Tiger said in a statement on Wednesday.
"Tigerair Singapore, which had been growing at the rate of 30 percent in the past 3 years, hit turbulence when the market sagged in mid-2013 through the imbalance of capacity and demand," Tiger said.
"Nonetheless by the time of Mr Koay's departure, Tigerair Singapore had started the process of consolidating its services in preparation for a decisive turnaround in its prospects."
But how come a nobody like PAPsmearer can see that Ah Koay was totally unsuited the job, and apuneh Pillay cannot? PAP meritocracy? My ass. Is it possible PAP lackeys come to SBF forum too, and read what's written here? Say it ain't so.
Click here to view the whole thread at www.sammyboy.com (http://www.sammyboy.com/showthread.php?181117-Solly-Ah-Koay-my-bad&goto=newpost).
Posted this 2 days ago on the thread: http://sammyboy.com/showthread.php?1...ns-HUAT!/page2 (http://sammyboy.com/showthread.php?180934-Great!-SG-Airline-LOST-Hundreds-of-Millions-HUAT!/page2)
yeah, the CEO is a sinkie, Koay Peng yen, who spend his entire career in the shipping industry. even graduated with Ocean systems management degree from MIT, and was shipping executive in NOL, as well as in PaxOcean engineering and Pacific Carriers. i still don't know why he was appointed CEO as he knows nothing and has no background in the Aviation industry, much less in the very demanding budget airlines market. this kind of appointment really stinks. i can't believe that Pillay with all his years at SQ would pick this guy to be CEO. And you wonder why they are going under.
This is typical of the PAP and we have seen them do it many times before. Spend millions to start an enterprise, and than put in a totally unqualified person to run it, and than sit back and watch while it loses money. except, its not their money its ours!!
just found out he kenna fired
SINGAPORE (Reuters) - Singapore's Tiger Airways Holdings said it would be replacing its CEO with an executive from its largest shareholder, Singapore Airlines (SIA), days after the budget carrier reported a big widening in its losses.
Lee Lik Hsin, a 20-year veteran of SIA, which owns 40 per cent of Tiger, will become chief executive from May 12, replacing Koay Peng Yen who joined Tiger less than two years ago, Tiger said in a statement on Wednesday.
"Tigerair Singapore, which had been growing at the rate of 30 percent in the past 3 years, hit turbulence when the market sagged in mid-2013 through the imbalance of capacity and demand," Tiger said.
"Nonetheless by the time of Mr Koay's departure, Tigerair Singapore had started the process of consolidating its services in preparation for a decisive turnaround in its prospects."
But how come a nobody like PAPsmearer can see that Ah Koay was totally unsuited the job, and apuneh Pillay cannot? PAP meritocracy? My ass. Is it possible PAP lackeys come to SBF forum too, and read what's written here? Say it ain't so.
Click here to view the whole thread at www.sammyboy.com (http://www.sammyboy.com/showthread.php?181117-Solly-Ah-Koay-my-bad&goto=newpost).