MAS can self finance ops, unlikely to seek funds in market for purchase of aircraft

PETALING JAYA: Malaysia Airlines (MAS) is unlikely to return to the market to raise more funds for either the purchase of aircraft or working capital, as it would be able to generate enough cash to sustain operations by end-2014.

“No, we will not (go to the market for more funds so long as it does not continue to suffer losses). As we move forward, MAS would be in a position to self finance (its operations), as its balance sheet (would be) strong,” group chief executive officer Ahmad Jauhari Yahya said.