Brahim’s expected to be affected by Malaysia Airlines restructuring

PETALING JAYA: Brahim’s Holdings Bhd’s new term business is expected to be affected once Malaysia Airlines’ (MAS) migrates its operations to a new company (Newco) by July next year.

According to AllianceDBS Research, when MAS migrates its business to the Newco, the ailing airline company is expected to renegotiate its supply contracts, including the catering contract with Brahim’s subsidiary, Brahim’s Airline Catering Sdn Bhd (BAC),