Malaysia Airlines has lost billions of ringgit despite numerous turn-around plans. – EPA pic, March 26, 2020.
PUTRAJAYA may consider bailing out Malaysia Airlines Bhd and AirAsia Group Bhd, which have been hit hard by the Covid-19 outbreak, reportsA special purpose vehicle may be set up to take over the debt of companies or a merger is possible, the report said, citing unnamed sources with knowledge of the matter.
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Financial perspective, Merger is good for long term viable solution as it likely results in consolidation, more efficiency & llowering operating cost and reduced competition, in short more sustainable for Msia. MuhyiddinYassin weekasiongmp FrancisYeoh333 chedetofficial
Everywhere bailouts are imminent. The economy stimulus packages have not even been rolled out yet. Or have they? Does the country have the enough cash flow. Don't forget we also have to service the interest & debts of IMDB (people almost forgotten about this already?)