A task force to undertake MAS restructuring?

A couple watches a Malaysia Airlines plane taxi on the runway at the KL International Airport in Sepang. MAS cannot lose focus of its current business while it undertakes a painful restructuring. It is likely that a task force might be set up to undertake the restructuring.- AFP

IT was in February this year that the Government told Khazanah Nasional Bhd to look at options to save Malaysia Airlines (MAS).

Its problems had become the elephant in the room and all plans to turn around the airline had not achieved the desired results. Ernst & Young was then hired to conduct a due diligence on the airline once the decision to deal with MAS’ problems was given the green light.