Malaysia Airlines seeks RM2.1 billion aid to stay afloat, says report

Malaysia Airlines Berhad is reportedly seeking as much as RM2.1 billion from its sole shareholder Khazanah Nasional to stay afloat. – The Malaysian Insight pic by Hasnoor Hussain, November 21, 2020.

MALAYSIA Airlines Berhad is seeking as much as RM2.1 billion in cash injection to stay afloat, as debt restructuring talks continue with creditors, The Edge Weekly reported.

The report said the troubled national carrier is looking to its sole shareholder and sovereign wealth fund Khazanah Nasional for help.

Effective July 2018, access to full reports will only be available with a subscription. Sign-up now and enjoy one (1) week free access!

Subscribe Now!

Sign up or sign in here to comment.