Malaysian Airlines considering privatisation

Malaysian Airlines considering privatisationAfter 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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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...

Malaysian Airlines considering privatisationAfter 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.

 



Support ASEAN news

Investvine has been a consistent voice in ASEAN news for more than a decade. From breaking news to exclusive interviews with key ASEAN leaders, we have brought you factual and engaging reports – the stories that matter, free of charge.

Like many news organisations, we are striving to survive in an age of reduced advertising and biased journalism. Our mission is to rise above today’s challenges and chart tomorrow’s world with clear, dependable reporting.

Support us now with a donation of your choosing. Your contribution will help us shine a light on important ASEAN stories, reach more people and lift the manifold voices of this dynamic, influential region.

$
Personal Info

Donation Total: $10.00

 

 

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