Air France-KLM proposes buying 49% of Malaysia Airlines, JAL seeks smaller stake


  • Aviation Premium
  • Tuesday, 21 Jan 2020

KUALA LUMPUR/SINGAPORE: Proposals to invest in ailing Malaysia Airlines include one from Air France-KLM which wants as much as 49% while Japan Airlines is looking at a 25% stake, sources with knowledge of the matter said.

Domestic carrier AirAsia Group Bhd and Malindo Air, the Malaysian arm of Indonesia's Lion Air, have also submitted proposals, the sources said.

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