The Malaysian government has been seeking a strategic partner for the financially struggling airline, which is still recovering from two tragedies in 2014. — Reuters pic
LANGKAWI, Jan 20 — Malaysia has received five proposals for its debt-laden national carrier Malaysia Airlines, Prime Minister Tun Dr Mahathir Mohamed said at a group media briefing today. “There are about five proposals but of course some of them are just no go,” Dr Mahathir said without giving more details.The Malaysian government has been seeking a strategic partner for the financially struggling airline, which is still recovering from two tragedies in 2014, when Flight MH370 disappeared in what remains a mystery and Flight MH17 was shot down over eastern Ukraine.
Taken private by sovereign wealth fund Khazanah Nasional Bhd in 2014, the national carrier has been struggling to post a profit. — Reuters
Open tender? Or crony tender?
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