Malaysia Aviation Group moves forward in its revamp exercise

With the success of obtaining approval through the UK court-convened restructuring, the airline can now work towards gains it was seeing prior to the Covid-19 pandemic.

KUALA LUMPUR: Malaysia Aviation Group (MAG), the parent company of Malaysia Airlines, has successfully obtained the approval from the UK Court to proceed with a major component of the comprehensive restructuring of the group.

That court decision was a major milestone towards securing the airline’s future following the severe impact of the Covid-19 pandemic on the travel and tourism industry globally.