Malaysia Airlines Bhd

Malaysia

To shut, sell or refinance Malaysia Airlines? PM Mahathir to decide 'soon'

(Mar 12): The Malaysian government is considering whether to shut, sell or refinance national carrier Malaysia Airlines (MAB), Prime Minister Mahathir Mohamad said on Tuesday.

Malaysia

Khazanah posts first pre-tax loss since 2005

KUALA LUMPUR (Mar 6): Khazanah Nasional Bhd posted its first pre-tax loss in 13 years in 2018, amid significant impairment provisions made during the year — a big chunk of which was due to Malaysia Airlines Bhd (MAB) — but hopes to return to profitabi

Aviation & Engineering

Bomb threat from passenger forces Malaysia Air to land plane

KUALA LUMPUR/SYDNEY (June 1): A Malaysia Airlines Bhd. plane returned to Melbourne after a passenger claiming to have a bomb tried to enter the cockpit.

SATS raises stake in Evergreen Sky Catering by 10% for $32.3 mil

SINGAPORE (Dec 27): SATS, the provider of gateway and food solutions, is acquiring another 10% stake in Evergreen Sky Catering Corporation (ESCC) for $32.3 million.

Malaysia

Malaysia Airlines to start new airline

KUALA LUMPUR (Dec 1): Malaysia Airlines Bhd, a wholly-owned subsidiary of Khazanah Nasional Bhd, has aborted plans to sell some of its Airbus A380 super-jumbos and instead will use all six of them to set up a new airline to serve the haj and umrah market.
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