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Airlines: Governments
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Malaysia Airlines is listed on the stock exchange of Bursa Malaysia under the name Malaysian Airline System Berhad. Its parent company is Penerbangan Malaysia Berhad. The airline has suffered high losses over the years as a result of fuel price increases and poor management. The Government of Malaysia overhauled the operations of the airline and Idris Jala was appointed as the new CEO in 1 December 2005. Under his leadership, Malaysia Airlines unveiled its Business Turnaround Plan (BTP) in February 2006 which highlighted low yield, an inefficient network and low productivity (overstaffing). The airline headquarters building in downtown Kuala Lumpur has been sold.
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As Chapter 6 explains in greater detail, the government continues to regulate the airlines on all matters affecting safety. The government has performed this regulatory role since 1926, and continues to do so through the Federal Aviation Administration. The Airline Deregulation Act ended government economic regulation of airline routes and rates, but not airline safety.
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Soon, pilots from all airlines flying into Israeli airspace will have to enter a numbered sequence to prove they are not terrorist hijackers. The secret code will be generated by the Security Code System, designed by Elbit Systems complete with a credit-card-sized keypad. Authorized pilots everywhere will eventually be issued keypads, 10,000 in all. For security reasons, the Israeli government won't go into detail about what pilots are supposed to do, exactly. But they did mention what would happen when pilots failed to do it: more
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Many countries have national airlines that the government owns and operates. Fully private airlines are subject to a great deal of government regulation for economic, political, and safety concerns. For instance, the government often intervenes to halt airline labor actions in order to protect the free flow of people, communications, and goods between different regions without compromising safety.
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