To save or not to save MAS?

ON Tuesday, Malaysian Prime Minister Tun Dr Mahathir Mohamad told reporters he's studying whether to sell, shut down or refinance Malaysia Airlines Bhd., the troubled national carrier.

Every three to four years or so, Malaysia Airlines Bhd takes centrestage, and often, it is for the wrong reasons.

It is now about four years since the new Malaysia Airlines was set up, supposedly on a clean slate with a RM6bil cash injection from its parent Khazanah Nasional Bhd, but whatever the turnaround plan, it has yet to yield the returns shareholders were hoping for.