Details of Malaysia Airlines overhaul expected on Friday
[KUALA LUMPUR] Details of Malaysia Airlines' (MAS) complete overhaul are expected to be disclosed on Friday, a day after the national carrier releases its second-quarter results.
MAS was originally scheduled to release its second-quarter results on Aug 19.
Parent Khazanah Nasional Bhd is expected to outline extensive plans that will be "painful" but necessary to bring the ailing carrier back to profitability, Malaysia's Business Times quoted sources as saying.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
New Articles
Singapore top recipient of Q1 cross-border investments in Apac: Knight Frank
Dasin Retail Trust’s trustee-manager chairman, directors deny allegations of misconduct
Keppel Infrastructure Trust posts 29.1% lower Q1 distributable income
Bitcoin faces worst month since FTX crash with ETF demand cooling
AIA launches wealth centre targeting high-net-worth clients
Prudential’s Q1 new business profit down 2% at S$743 million