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Sovereign Wealth Funds Briefing - Categorized | Market

Khazanah Nasional Studies Restructuring Options for Malaysia Airlines

Posted on 11 June 2014

Khazanah Nasional Bhd., Malaysia’s state investment arm, said Tuesday it is studying all options to restructure and turn around ailing national flag carrier Malaysia Airlines.
The airline’s efforts to recover from three years of losses have been hampered by the disappearance of Flight 370. In the first quarter of the year, Malaysian Airline System Bhd., the company that owns the Malaysia Airlines brand, reported a wider loss from a year earlier as plunging ticket sales in the aftermath of the loss of one of its Boeing 777s worsened an already weak period………………………………………..Full Article: Source


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