A Boeing 737 aircraft, operated by Malaysian Airlines, at the Kuala Lumpur International Airport (KLIA) in Sepang, Selangor, Malaysia, on Tuesday, March 17, 2020. Photo: Bloomberg
A Boeing 737 aircraft, operated by Malaysian Airlines, at the Kuala Lumpur International Airport (KLIA) in Sepang, Selangor, Malaysia, on Tuesday, March 17, 2020. Photo: Bloomberg
Aviation
Business /  Companies

Malaysia Airlines: sovereign wealth fund Khazanah may extend a US$1.2 billion lifeline during coronavirus slump

  • Malaysia Airlines would use the 5 billion ringgit in fresh capital to resume some operations it has suspended, the people said
  • If it is approved, the cash infusion could happen in the coming weeks, said the people, asking not to be named as the information is private

Bloomberg
Bloomberg

Updated: 6:05pm, 11 Jun, 2020

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A Boeing 737 aircraft, operated by Malaysian Airlines, at the Kuala Lumpur International Airport (KLIA) in Sepang, Selangor, Malaysia, on Tuesday, March 17, 2020. Photo: Bloomberg
A Boeing 737 aircraft, operated by Malaysian Airlines, at the Kuala Lumpur International Airport (KLIA) in Sepang, Selangor, Malaysia, on Tuesday, March 17, 2020. Photo: Bloomberg
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