Malaysia Airlines’ fate to be resolved by YE20 – minister
Malaysia Airlines’ restructuring is expected to be completed by December 31, the country’s deputy finance minister, Abdul Rahim Bakri, divulged… Read More »
Malaysia Airlines seeks $500mn, creditor talks drag – report
Malaysia Aviation Group has asked its parent, the sovereign wealth fund Khazanah Nasional, for a USD500 million bailout as debt… Read More »
Malaysia Airlines parent offers early retirement scheme
Malaysia Airlines (MH, Kuala Lumpur Int’l) parent Malaysia Aviation Group has offered early retirement to its employees as it continues… Read More »
Firefly eyes jet ops in 1Q21 as Malaysia Airlines falters
Firefly (FY, Penang) will commence jet operations from the first quarter of 2021, its parent Malaysia Aviation Group revealed on… Read More »
Malaysia Airlines funding to stop if talks with lessors fail
Malaysia Airlines (MH, Kuala Lumpur Int’l) parent company Malaysia Aviation Group (MAG) has warned lessors that its own parent, state-run… Read More »
Malaysia Airlines warns lessors about critical restructuring
As news emerged that Malaysia Aviation Group had told lessors it was unlikely to make payments after November unless it… Read More »
Malaysia Airlines defers sukuk payments by six months
Malaysia Airlines (MH, Kuala Lumpur Int’l) has issued deferral notices to holders of MYR1.5 billion ringgit (USD361 million) in sukuk… Read More »
Malaysia Airlines’ search for a strategic partner
Nearly six years after Malaysian sovereign wealth fund Khazanah Nasional rescued and privatised Malaysia Airlines, the carrier is still posting… Read More »