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Malaysia Airlines 'ready to shut down if restructuring talks fail'

'Sizeable' number of creditors support plan but more needed, says CEO in report

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Published Sun, Oct 11, 2020 · 09:50 PM

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    Kuala Lumpur

    MALAYSIA Airlines is prepared to shut down if ongoing talks with leasing companies about a restructuring plan fail, The Edge Malaysia cited the national carrier's chief executive officer (CEO) as saying.

    A "sizeable" number of creditors support the company's plan, some are against it and others are still undecided, Izham Ismail told the business weekly in an interview on Saturday.

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    MalaysiaAirlinesDebt restructuring

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