High-flyer by 2023

Group chief executive officer Capt Izham Ismail said the group’s vision is to become a leading global travel group, focused on delivering customised end-to-end solutions.

KUALA LUMPUR: The legacy issues that have been weighing on Malaysia Aviation Group (MAG) have been given a great reset and it is now banking on its long-term plan to deliver a turnaround by 2023.

Now that its restructuring is done and dusted with RM15bil of savings in liabilities, MAG, the parent company of Malaysia Airlines Bhd, has set expectations of a financial breakeven and turn cash flow positive by 2023 with its Long Term Business Plan 2.0.