Malaysian Airlines considering privatisation

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After announcing year to date losses of more than 25%, Malaysian Airlines will be considering privatization in an effort to restructure and return to profitability. Though Chairman of the Board Tan Sri Dr Munir Majib says “It’s the shareholders’ call” repeatedly, many analysts feel privatizing the airline and/pr its subsidiaries could prevent an implosion of the company.

Air travel is expected to skyrocket in the Asia Pacific region, and MAS wants to become the number one airline of customer choice.  They’ve recently announced an $800 million purchase of 10 new planes from Boeing, and hope to reduce their fuel and operations costs as their fleet becomes more efficient.  Due to international unrest, many costs have been unpredictable, so they hope that the stabilizing global economy will spur more air travel in the region.

 

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Reading Time: 1 minute

After announcing year to date losses of more than 25%, Malaysian Airlines will be considering privatization in an effort to restructure and return to profitability. Though Chairman of the Board Tan Sri Dr Munir Majib says “It’s the shareholders’ call” repeatedly, many analysts feel privatizing the airline and/pr its subsidiaries could prevent an implosion of the company.

Reading Time: 1 minute

After announcing year to date losses of more than 25%, Malaysian Airlines will be considering privatization in an effort to restructure and return to profitability. Though Chairman of the Board Tan Sri Dr Munir Majib says “It’s the shareholders’ call” repeatedly, many analysts feel privatizing the airline and/pr its subsidiaries could prevent an implosion of the company.

Air travel is expected to skyrocket in the Asia Pacific region, and MAS wants to become the number one airline of customer choice.  They’ve recently announced an $800 million purchase of 10 new planes from Boeing, and hope to reduce their fuel and operations costs as their fleet becomes more efficient.  Due to international unrest, many costs have been unpredictable, so they hope that the stabilizing global economy will spur more air travel in the region.

 

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