Since last year, Malaysia had been looking for a strategic partner for its national airline, which has been beset by high costs. Photo: Reuters
Since last year, Malaysia had been looking for a strategic partner for its national airline, which has been beset by high costs. Photo: Reuters
Malaysia

Khazanah to stop funding Malaysia Airlines if rescue talks with lessor fail

  • Malaysia Aviation Group sets out an alternative plan to divert funds to a sister airline unit if the state carrier’s bailout talks with lessors are unsuccessful
  • Malaysian finance minister said that the government would not provide financial relief to the national airline

Since last year, Malaysia had been looking for a strategic partner for its national airline, which has been beset by high costs. Photo: Reuters
Since last year, Malaysia had been looking for a strategic partner for its national airline, which has been beset by high costs. Photo: Reuters
READ FULL ARTICLE