Malaysia Airlines aircraft are seen from the viewing gallery at the Kuala Lumpur International Airport. Photo: EPA-EFE Malaysia Airlines aircraft are seen from the viewing gallery at the Kuala Lumpur International Airport. Photo: EPA-EFE
Malaysia Airlines aircraft are seen from the viewing gallery at the Kuala Lumpur International Airport. Photo: EPA-EFE

Malaysian firm GSV makes US$2.5 billion bid for ailing state carrier Malaysia Airlines

  • Golden Skies Ventures has financing from a European bank to take over the holding company of the airline
  • It plans to reinstate Malaysia Airlines as a premium long-haul airline, and is banking on pent-up travel demand when the coronavirus is contained

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Malaysia Airlines aircraft are seen from the viewing gallery at the Kuala Lumpur International Airport. Photo: EPA-EFE Malaysia Airlines aircraft are seen from the viewing gallery at the Kuala Lumpur International Airport. Photo: EPA-EFE
Malaysia Airlines aircraft are seen from the viewing gallery at the Kuala Lumpur International Airport. Photo: EPA-EFE
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