Malaysia Airlines Group To Not Receive further Government, Shareholder Funding

[In The News]

MIAMI – Updating its last cash-burn warning, Malaysia Airlines Group (MAG) has told lessors that state fund Khazanah will stop its funding. Hence, if talks between the parties are unsuccessful, the group could face a liquidation process. According to Reuters, if “Plan A” fails, which is related to some form of shareholder funding, an alternative […]

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