Malaysia Airlines or Firefly? It is Khazanah’s call

Analysts believe it is time for Khazanah to reduce its ownership and look into a full privatisation as the best option to resuscitate Malaysia Airlines, as the government does not have enough budget to power the carrier. – EPA pic, October 15, 2020.

AS the sole shareholder of the country’s national airline, Khazanah Nasional Bhd is on the brink of making the call whether to provide another lifeline to Malaysia Airlines Bhd (MAB) or simply skip out on the ailing carrier.

There is no crystal ball to tell whether MAB would make it through this time even if Khazanah should decide to continue pumping in money, given that the government has already given financial support to the airline over the past 20 years.

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  • I have this to say to Khazanah if you are too eager to bail this two outfit do so by all means but do not touch a single cents of public funds. Khazanah you played a big role in the departure of the two imported experts from abroad with your god father act behind the scene. You dont know the industry well and you tight the hands who knows how to operate an airline. It doesn't take a genius to let it go and let someone else buy them out. They will strive if they go private so please please don't waste public funds you idiot people operating from your ivory tower.

    Posted 1 month ago by Teruna Kelana