MALAYSIA Airlines is expected To Be Privat
MALAYSIA Airlines is expected To Be Privat MALAYSIA Airlines is expected to remain a viable player in the Australian market after its major government shareholder yesterday moved to delist it, with a $460m bid to throw off the yoke of two Crippling Crashes. The predicted move to underpin the troubled Airline will see the Qantas oneworld partner continue to service Australia, possibly under another name. Malaysia Airlines, which has lost 4.57 billion ringgit ($1.53 billion) since the start of 2011 and was loaded with debt, has been a long-term player in Australia and held 4.3 per cent of the international market in the 12 months to May. Prior to the disappearance of MH370 and the missile attack on MH17, it had been well regarded by the travel industry and passengers, but the loss of the two Boeing 777s saw many travellers cancel their bookings. Flight Centre spokesman Hadyn Long said yesterday that most Malaysia customers had stuck with the airline, but forward orders...