SHAH ALAM: The top brass from Jentayu Danaraksa Sdn Bhd will present its latest proposal to Khazanah Nasional Bhd today to buy Penerbangan Malaysia Bhd (PMB) and turn it into a global aircraft leasing firm in a deal worth up to RM8.75bil.
Jentayu also has plans to set up a new airline, Fly JD, that would offer premium economy services in Asean. Both the leasing and airline businesses may be able to absorb the more than 6,000 employees that Malaysia Airlines (MAS) will axe as part of Khazanah’s resuscitation plan for the national carrier.