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SINGAPORE, Oct 18 (Reuters): Malaysia Airlines' parent company is still holding negotiations with lessors and creditors over a restructuring plan to keep the carrier alive, but the talks are taking longer than planned, according to a staff memo seen by Reuters.
AS the sole shareholder of the country’s national airline, Khazanah Nasional Bhd is on the brink of making a call on whether or not to provide another lifeline to Malaysia Airlines Bhd or simply skip out on the ailing carrier.
PETALING JAYA: Low-cost carrier Firefly Airlines, which now operates a fleet of 12 twin turboprops, will launch its jet operations in the first quarter of 2021 (1Q21), serving the domestic, Asean and Asia-Pacific markets out of Penang International Airport.
Employment in the country continued to rise in August as economic activities resumed from July this year.
KUALA LUMPUR (Reuters): Firefly Airlines will start flying jet planes in the first quarter of next year, its parent Malaysia Aviation Group (MAG) said on Thursday (Oct 15), in a sign MAG is shifting its focus as core brand Malaysia Airlines struggles to survive.
KUALA LUMPUR: Property group Mah Sing Group Bhd has proposed to diversify its core businesses to include the manufacturing and trading of gloves and related healthcare products.
KUALA LUMPUR: Khazanah Nasional Bhd has the option to channel funds to low-cost carrier Firefly which could become the country’s national airline if Malaysia Airlines was shut down, accoridng to the head of the sovereign wealth fund.
KUALA LUMPUR (Reuters): Malaysia's Khazanah Nasional has the option to channel funds to low-cost carrier Firefly, which could become the country's national airline if Malaysia Airlines (MAS) were shut down, the head of the sovereign wealth fund was quoted as saying on Wednesday (Oct 14).
Apple Inc has been in the spotlight lately, between antitrust scrutiny of its mobile operating system and the legal battle it’s waging with Fortnite-maker Epic Games Inc over its App Store. Those developments pale, however, in comparison to the company’s main event tomorrow: the unveiling of its latest iPhones.
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.