30 March 2020
Malaysia government officials are reportedly exploring options to save the country’s top two carriers.
It may set up an investment vehicle to take on the debt of Malaysia Airlines and AirAsia Group.
The coronavirus crisis has grounded the government’s plans to sell off cash-strapped Malaysia Airlines and market conditions are unlikely to improve sufficiently for quite some time.
A merger is a possible solution but is a risky move politically.
A previous merger proposal a few years ago led to a public backlash.
