SINGAPORE/PARIS: A group of leasing companies has rejected a restructuring plan put forward by Malaysia Airlines, bringing the state carrier closer to a showdown over its future.
Lessors claiming to represent 70% of the airplanes and engines leased to the airline group have called the plan "inappropriate and fatally flawed" and pledged to challenge it, according to people familiar with the matter and a letter from a London law firm seen by Reuters.
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