Supervisor Elham AbolFateh
Editor in Chief Mohamed Wadie

Malaysia to Decide Soon on Fate of National Airlines


Tue 12 Mar 2019 | 01:09 PM
Yassmine Elsayed

By: Yassmine ElSayed

CAIRO, Mar. 12 (SEE) - The Malaysian Prime Minister Mahathir Mohamad announced today that the government would soon decide whether to shut, sell or refinance national carrier Malaysia Airlines (MAB).

"It is a very serious matter to shut down the airline," Mahathir told a news conference at parliament.

"We will nevertheless be studying and investigating as to whether we should shut it down or we should sell it off or we should refinance it. All these things are open for the government to decide."

The airline has been trying to transform its operations and return to profitability by 2019 as it recovers from two disasters in 2014, when flight MH370 disappeared in what remains a mystery and flight MH17 was shot down over eastern Ukraine.