MAS should not deceive Public with its Financial statement.

I find it highly irresponsible for MAS todeceive the general public with its purported reportof its financial statement that it has made a profitof $204 million for this year.A closer scrutiny of its fine print indicated that $194 million was attributed to the sale of its office building.In normal accounting parlance this is a one off capital gain which is not derived from its operational income.
Further an almost 30% increase in fares recently would have surely contributed to its profits and this increase in profits cannot be attributable to better management but purely due to price increase in ticketing price. So far there is hardly any difference in the management of MAS other than the voluntary retrenchment of its staff.However, one significant change affecting senior citizen was the deprivation ofsenior citizen to fly on a stand-bye basis.Instead they have to book their ticket 8 days in advance before being allowed to fly.This is actually a poor management strategy. On a given day, with the exception of peak traffic, the plane is half or three quarter full.So to fill up the seats by giving senior citizens on a stand-bye basis would logically contribute to additional revenue.If we were to estimate that on a given day for all of MAS domestic flights there are 1000 empty seats on all it flights and if it were to sell it at $100 to senior citizens for each seat, the total for each day of additional revenue would amount to $100,000.This is no small amount when you multiply it for 30 days.By taking away this privelege from senior citizens it is indirectly taking out a significant part of its revenue.