Malaysia Aviation Group, parent company of national carrier Malaysia Airlines, said it is exploring a UK Scheme of Arrangement for the restructuring exercise, pending confirmation from remaining small minority creditors. — Reuters pic
The aviation group said it is exploring a UK Scheme of Arrangement for the restructuring exercise, pending confirmation from remaining small minority creditors. Sources had told Reuters that the group is negotiating discounts with lessors via a restructuring plan it is seeking to implement through a UK court process.
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