Report: Khazanah pushing for MAB-AirAsia X merger

Khazanah Nasional is reportedly pushing for a merger between Malaysia Airlines Berhad and AirAsia X - both of whom are loss-making companies.citing sources, said several of Khazanah's stakeholders are against the merger.

The report said the merger proposal would require the government to first pay for MAB's operational expenditures, recapitalise the airline, and settle its debts first. "Basically, AAX shareholders would get a ‘cleaner’ MAB. Why sell when the government has to clean it up prior to the sale? In fact, there is no single benefit for MAB to merge with AAX. The latter is not even profitable. The ‘merger’ would only benefit AAX’s shareholders and not MAB or the Malaysian public," a source was quoted as saying.AAX, the long haul arm of AirAsia Group, had sunk back into losses last year, ending 2018 with a net loss of RM312.

Benda ni pernah cuba buat tahun 2011-2012 dulu

Potential Competition Law infringement

Seriously wtf.

Tak payah....

Good luck and all the best beating SIA

Stupidest idea.

🙄

Atap genting, Atap rumbia; Penyatuan dalam saat runcing, Entah bahagia entah bencana!

waste of money

One’s gonna fail the other

Hannani_Kamal Pls dont

Two major events lead to MAS failure see below

Stupid move

Merger of two loss making entities ... Amazing brains at Khazanah

Bodoh sial. 2 major companies with different objectives nak merge. Monopolistic disaster waiting to happen internally and externally

So tonyfernandes you are giving up the long-haul low-cost experiments? Thought it's gonna be fruitful over the long term, or maybe the experiments failed?

Its actually AA pushing khz for acquiring MAS.

One loss making company to merge with another loss making entity - clearly a lose-lose game.

Terpaling bodoh setakat harini

Another offer move to the crony !!! This is the hidden hand of the ex Iron Lady !!!

This would be an incredibly dumb move. A five star airline being run by a budget long distance airline that has a completely different business model. Who dreamt up this stupid idea?

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