AirAsia, Malaysia Airlines merger an option as Covid-19 hits industry


Datuk Seri Mohamed Azmin Ali said deliberations would soon take place on various options to help out the country's airline industry.

KUALA LUMPUR: Merging money-losing state carrier Malaysia Airlines Bhd (MAB) with low-cost airline AirAsia Group Bhd is one of the options to "save" them as the COVID-19 crisis batters the industry, Malaysia's second-most senior minister told Reuters on Friday.

The pandemic that has killed at least 143,744 people around the world has led to lockdowns in many countries, brought air travel to a virtual halt and left airlines battling for survival.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Azmin Ali , AirAsia , Malaysia Airlines , merger , option

   

Next In Business News

Swift Haulage’s 1Q profit doubles
PTT Synergy gets construction jobs from Sime Darby Property totaling RM169.85mil
P.A. Resources achieves year-on-year net profit growth of 16%
Ringgit ends higher against US dollar
Guocoland 3Q net profit tumbles 66% to RM2.9mil
Carlsberg mindful of uncertain global economic outlook
Teo Seng acquires land in Johor for RM23.6mil
Ajiya's subsidiary sells Thai property for RM26.8mil
Dialog 3Q net profit increases to RM156.16mil
MISC signs JVA with PETRONAS and Mitsui to procure and transport LCO2 carriers

Others Also Read