KUALA LUMPUR: Malaysia Airlines Bhd has confirmed it is embarking on an urgent restructuring of its business and capital structure as the Covid-19 pandemic is showing little sign of easing.
In a statement issued today, the flag carrier said that while its long-term business plan (LTBP) launched in early 2019 had resulted in significant operational improvements, the Covid-19 pandemic has caused unprecedented lockdowns across the globe.
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