Khazanah says Malaysia Airlines, AirAsia merger unlikely | The Malaysian Insight

📆 26/07/2020 08:46:00
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Khazanah says Malaysia Airlines, AirAsia merger unlikely

The country needs low-cost operators like AirAsia and the high-value Malaysia Airlines to coexist, to cater to different market segments, says the Khazanah MD. – The Malaysian Insight file pic, July 26, 2020.

KHAZANAH Nasional Bhd has stressed that a merger between Malaysia Airlines Bhd and low-cost carrier AirAsia will be difficult to execute. The sovereign wealth fund’s managing director, Shahril Ridza Ridzuan, said the two entities’ different business models and work culture make a merger unlikely. Effective July 2018, access to full reports will only be available with a subscription. Sign-up now and enjoy one week free access!

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Khazanah: Difficult for Malaysia Airlines, AirAsis merger to happen | Malay MailKUALA LUMPUR, July 26 — Khazanah Nasional Bhd has stressed that a merger between Malaysia Airlines Bhd (MAB) and low-cost airline AirAsia would be difficult to carry out. Khazanah managing director Datuk Shahril Ridza Ridzuan said the different business model and work...
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