KUALA LUMPUR (Bernama) - The government’s financial assistance to airlines amidst the COVID-19 pandemic must be carefully structured, and it should be the last resort, says local aviation regulatory body, the Malaysian Aviation Commission (MAVCOM).
In a statement today, MAVCOM said considering the pressures on the government’s fiscal resources, industry operators must exhaust other options first, including assistance from their respective shareholders, before approaching the government.
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