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Government To Buy Out Malaysia Airlines

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  • Government To Buy Out Malaysia Airlines

    Beleaguered Malaysia Airlines will seek to avoid economic collapse with a government takeover of the carrier, brought on by the twin tragedies this year of the disappearance of Flight MH370 and the shoot down of MH17 over Ukraine.
    Read more at http://www.flyingmag.com/news/govern...5KfE6dZVqPp.99

    --- Judge what is said by the merits of what is said, not by the credentials of who said it. ---
    --- Defend what you say with arguments, not by imposing your credentials ---

  • #2
    Not at all unexpected...

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    • #3
      MH have also reintroduced one or more 744s to service due to shortage of aircraft, mainly as sub for A380 when those go for maintenence, I think they are only used on Asian routes.

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      • #4
        Originally posted by Peter Kesternich View Post
        Not at all unexpected...
        Even prior to the annus horribilis that was 2014, the carrier was facing financial difficulties. A decade of Air Asia's presence, numerous subsidiary companies, and the regular issues faced by all legacy carriers battered the carrier.

        Nationalization, hopefully if coupled with competent management, and a few hard choices - will hopefully return the carrier to the heights that it once enjoyed.

        I assume that in the aftermath of 2014, we might well see an acceleration of the c/s change and perhaps a re-branding as the carrier is rehabilitated.
        Whatever is necessary, is never unwise.

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