What now, MAS?

epa04152133 Malaysian Airlines crew members are seen at a departure hall of Kuala Lumpur International Airport in Sepang, Selangor, Malaysia, 03 April 2014. The Malaysian authorities on 02 April ruled that passengers of MH370 are not suspects and a criminal investigation has been open. Flight MH370 went missing on early 08 March 2014 on his way from Kuala Lumpur to Beijing. EPA/AZHAR RAHIM

Although the authorities are not sure what should be done with Malaysia Airlines (MAS) whatever plan that is finally decided must be thoroughly studied  first because past restructurings have not been very successful.

What  the national carrier needs to do to restructure itself in the face of massive losses is a talking point but one seasoned analyst feels the first step the airline needs is a detachment from its current major shareholders.