The A380 decision / order was nearly a decade ago. Please let's move on. New government is working hard to clean up its act on corruption. If you live here you know that. It impacts life on multiple levels especially banking. We are all paying the price for the behaviour of a few.
I live here, and I can say with absolute certainty that this is not the case. And so I feel moving on from the sins of the past government, especially considering that the old head is now the new head is wrong.
Malaysia Airlines is a government corporation and has been run like the Malaysian civil service - highly inefficient. It is no surprise that they suffer losses when there is serious competition from LCCs. Although they have cut employee numbers, they have also drastically trimmed their network. As such, they really need to cut employee numbers again and be more aggressive in procurement - their suppliers are milking them dry! They also suffer from operational deficiencies - they had a severe shortage of pilots (competing airlines have lured their experienced pilots away) last year and the problem is still being resolved at the moment. The new Malaysian government should really put the airline up for sale to force them to operate as a private commercial airline. No more bailouts!
The employee number includes its subsidiaries such as its ground handling, engineering, as well as Firefly & MASwings. Operationally, there aren't any meat left to cut.
I suppose they can close up their ground handling unit, but then there will be a monopoly since only one ground handler is left to handle everything. They can increase prices & there's nothing airlines can do about it. Another thing they can do is to maybe transfer MASwings to the state governments of Sabah & Sarawak and let them handle things, and/or spin off Firefly.
Or even, rehash old plans for Firefly to take over domestic routes while MAS concentrates on long haul & regional flights.