News Formal

AirAsia, Malaysia Airlines merger an option as Covid-19 hits industry: Malaysia minister

  • 📰 BusinessTimes
  • ⏱ Reading Time:
  • 32 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 51%

United States News News

United States United States Latest News,United States United States Headlines

AirAsia, Malaysia Airlines merger an option as Covid19 hits industry: Malaysia minister

"That discussion took place even last year, even before this pandemic came. But we need to continue the discussion," he said in an interview.

Mr Azmin said that even before the pandemic crisis it was"no plain sailing" for the airlines industry. Since last year, Malaysia has been looking for a strategic partner for Malaysia Airlines. The Malaysian government has been seeking a strategic partner for its national airline, which struggled to recover from two tragedies in 2014 - the mysterious disappearance of flight MH370 and the shooting down of flight MH17 over eastern Ukraine.

Privately held Malaysian group Golden Skies Ventures said this month it had made a US$2.5 billion offer to fully take over the holding company of Malaysia Airlines.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 15. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

AirAsia, Malaysia Airlines merger an option as Covid-19 hits industry: M'sian ministerKUALA LUMPUR — Merging money-losing state carrier Malaysia Airlines (MAB) with budget airline AirAsia is one of the options to
Source: TODAYonline - 🏆 1. / 99 Read more »