Deals
Mahathir Weighing Shutdown or Sale of Malaysia Airlines
- Malaysia to consider selling, shutting down or investing funds
- Carrier was taken private in 2014 after two tragic incidents
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Prime Minister Mahathir Mohamad said he’s studying options for flag carrier Malaysia Airlines Bhd., including whether to invest more funds, sell it off or even shut the company down.
“It is a very serious matter to shut down the national airline,” he told reporters at parliament. “We will nevertheless be studying and investigating as to whether we should shut it down or we should sell it off or whether we should refinance it. All these things are open for the government to decide. We have to decide soon.”