MAG to diversify business in the next 5-10 years


KUALA LUMPUR: Malaysia Airlines Bhd’s parent company, Malaysia Aviation Group (MAG), is diversifying its business into non-airline non-passenger, namely aviation services and loyalty and travel solutions (LTS), in the next five to 10 years in order to future-proof the organisation.

MAG group managing director Datuk Captain Izham Ismail said the group has made commendable strides to recover from the unprecedented challenges brought on by the COVID-19 pandemic.

The Star Festive Promo: Get 35% OFF Digital Access

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
MAG , Malaysia Airlines , diversify , investments , BFS

Next In Business News

Jinhua – a trading hub without borders
Up in Arms - or up the value chain?
Asia bonds for diversification
Singapore’s financial sector a big winner
Watts from water
AI disruption fears rock markets
Smart city can’t beat the traffic
Private equity hits a sixer
Dubai luxe property keeps booming
US LNG exporters lead in gas use

Others Also Read