Sabah Top Achievers Awards 2019

Mahathir: Govt seeks solutions to keep MAS flying

Mahathir: Govt seeks solutions to keep MAS flying

KUALA LUMPUR: The government is seeking solutions to keep Malaysia Airlines Bhd’s (MAS) flying as the national carrier, Prime Minister Tun Dr Mahathir Mohamad said.

“It’s a serious matter to shut down the national airline,” he told reporters at the parliament lobby today. “We will nevertheless study as to whether we should shut it down or sell it off or refinance it. All these options are open to the government.”

Aviation analysts have said the carrier’s failure to meet its three-year target for profitability has made it unsustainable.

The airline was privatised in 2014 as part of a revival bid but continued its trend of heavy losses.

The national carrier suffered a massive blow after flight MH370 disappeared in March 2014, with all 239 people on board.

In July the same year, it lost another plane, MH17, with 298 people on board, when it was shot down over eastern Ukraine.

Related Post

Dr M: I love MAS, but it seems like we can’t afford it KUALA LUMPUR: Several parties had expressed interest in purchasing Malaysia Airlines Berhad (MAS), following the ailing state of the national carrier. Prime Minister Tun Dr Mahathir Mohamad, however, stressed that the government was still looking into the viability of selling off the company as ...
PM: No more new tax for this year, but reforms KUALA LUMPUR: There will be no new tax for this year, except for sugar tax which was announced during the 2019 Budget, Prime Minister Tun Dr Mahathir Mohamad announced today. “(However), it (implementation) is delayed a bit as we want to ensure that the mechanism is effective to primarily meet ...
Mahathir: Act of violence in Christchurch is inhuman SEREMBAN: Prime Minister Tun Dr Mahathir Mohamad has described the act of killing Muslims in Christchurch, New Zealand three days ago as inhuman. Describing the incident as a sad one that touched the hearts of Muslims, he said that in such a situation, an even worse act that could be committed b...

Tags assigned to this article:
MahathirMASMAS SOLUTION