Resuscitating Malaysia Airlines now is a tough call: Jomo


A file picture of a visitor looking out from the KLIA viewing gallery on May 27, 2014. – AP

KUALA LUMPUR: The capital-intensive nature of the airline business, especially with the current business conditions, makes it more difficult to resuscitate Malaysia Airlines Bhd (MAB).

"The airline industry is very tough; it is not easy. Almost all the major US airlines are in bankruptcy except for Delta,” said Khazanah Research Institute senior research advisor Professor Dr Jomo Kwame Sundaram.

The Star 6.6 DEAL: 35% OFF Digital Access

Monthly Plan

RM 13.90/month

RM 9.04/month

Billed as RM 9.04 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Malaysia Airlines

Next In Business News

Starbucks mulls options for Japan business, including stake sale, Bloomberg reports
Pengerang Energy Complex awards EPCC contract to CNCEC.
Malaysia sees risk of missing deficit goals on subsidy pressures
Singapore court moves to seize Capital A’s assets in dispute
Tanco plunges 37.5% to limit down, short selling suspended
FBM KLCI rebounds in early trade as investors await key US inflation data
Ringgit opens higher against major currencies, easier versus US dollar
Trading ideas: Duopharma, DNeX, Dayang, Varia, Kee Ming
HSS Engineers targets RM300mil FY26 project wins
Banks’ asset quality intact

Others Also Read