MAG says no Malaysia Airlines, AirAsia merger plan


Malaysia Aviation Group chief executive officer Capt Izham Ismail said a merger between Malaysia Airlines Bhd and AirAsia was off the table.

KUALA LUMPUR: Malaysia Aviation Group (MAG), the parent company of Malaysia Airlines Bhd, has put an end to the rumours surrounding the possible merger between the airline and low cost carrier AirAsia Group Bhd.

Group chief executive officer Capt Izham Ismail gave an unequivocal "No", saying that a merger with AirAsia is off the table.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

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!
   

Next In Business News

Deutsche Bank Q1 profit jumps 10% as investment bank outperforms
Stocks hit by tech slide; yen flails at intervention zone
Toyota hits record annual output, sales on robust demand
Solarvest delivers 8.9MWP solar project to NTPM
Investors take profit amid regional weakness
Malaysia's CPI rises 1.8% in March
DNB announces new board members comprising representatives from all five MNOs
Axiata, Sinar Mas move closer to US$3.5bil telco merger
Agricore gets Bursa nod to list on ACE Market
South Korea Q1 GDP growth smashes estimates, but outlook's uncertain

Others Also Read