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Khazanah to stop funding national carrier if lessor talks fail
KUALA LUMPUR: Malaysia Aviation Group (MAG) is offering upskilling and reskilling programme to more than 2,000 employees, mainly pilot, cabin crew and other front-line community employees.
KUALA LUMPUR: Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz has reiterated that the government will not pump in any more fund into Malaysia Airlines Bhd (MAB) and it is purely up to its sole owner, Khazanah Nasional Bhd to sort it out.
With the slowdown in travel and more tough times ahead, some local airlines, such as Malaysia Airlines and Firefly, are doing their part to protect the mental wellbeing of aviation workers.
SINGAPORE: The parent of Malaysia Airlines has warned leasing companies that state fund Khazanah will stop funding the group and force it into a winding down process if restructuring talks with lessors are unsuccessful, according to a letter seen by Reuters.
LONDON, Oct.7 (Xinhua) -- Nearly 900 jobs are under threat at the group that owns Manchester Airport, Britain's biggest provincial airport, the group confirmed Wednesday.
National carrier is reworking network and fleet plans
KUALA LUMPUR: Malaysia Airlines Bhd has confirmed it is embarking on an urgent restructuring of its business and capital structure as the Covid-19 pandemic is showing little sign of easing.
JAKARTA (Bernama): An earthquake of 6.2 magnitude jolted off Indonesia's eastern Maluku province early Tuesday (Sept 8), but there was no potential for a tsunami, the Meteorology, Climatology and Geophysics Agency said.
Last year Li Xian starred in the rom com 'Go Go Squid!' which shot him to superstardom. His Weibo followers quadrupled from 5 million to 20 million.