Can Firefly Replace Malaysia Airlines?
Khair Mirza, Director of Airport Investor Resource, Modalis Infrastructure Partners Inc
19-Oct-20 07:17
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What will be the fate of the beleaguered Malaysia Airlines? Khazanah, the national carrier’s sole shareholder, could inject funds into its sister airline Firefly, which would subsequently become the national airline.Reports suggest this could become a reality if the current debt restructuring plan fails. So for on the implications of this, we get analyst Khair Mirza's thoughts on this.
On The Breakfast Grille a couple of weeks ago, Finance Minister Tengku Datuk Seri Zafrul Aziz said the government will not pour funds into Malaysia Airlines, nor guarantee its debts. And it’s up to Khazanah to decide what’s next. You can listen in on this conversation here.
Image Credit: Lens Hitam / Shutterstock.com
Produced by: Dayana Mustak, Wong Shou Ning
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Tags: airlines, budget, aviation, pandemic, covid, economy,
