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.
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Government To Buy Out Malaysia Airlines
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Government To Buy Out Malaysia Airlines
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Originally posted by Peter Kesternich View PostNot at all unexpected...
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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