AirAsia to be beneficiary of any restructuring of MAS

PETALING JAYA: A much-needed “reboot” of Malaysia Airlines (MAS) will have major positive repercussions on Malaysia’s airline sector, with AirAsia Bhd poised to be the safest and clearest beneficiary of any such restructuring, said CIMB Research.

Referring to StarBizWeek’s recent report that MAS’ senior management team had been informed of a plan to reset the airline, it noted that “the market is well aware that such open heart surgery is what MAS needs”.