Khazanah says Firefly could become Malaysia's new national airline: Report

KUALA LUMPUR (Reuters): Malaysia's Khazanah Nasional has the option to channel funds to low-cost carrier Firefly, which could become the country's national airline if Malaysia Airlines (MAS) were shut down, the head of the sovereign wealth fund was quoted as saying on Wednesday (Oct 14).

The comments by Datuk Shahril Ridza Ridzuan to the newspaper Berita Harian are the fund's first public statements since it emerged that MAS' parent company has warned that the flagship airline could be wound up if lessors did not agree to steep discounts.