News About airlines

Malaysia Airlines risks bankruptcy amid plunging demand, travel bans, says CFO

Mar 16

KUALA LUMPUR (March 16): Malaysia Airlines Bhd has warned that travel bans and plummeting demand around the world due to the coronavirus (COVID-19) outbreak have put many global airlines at risk of going bankrupt including the loss-making national carrier.

Malaysia Airlines staff told to take unpaid leave as COVID-19 outbreak strains financials

Mar 12

KUALA LUMPUR (March 12): Malaysia Airlines Bhd (MAS) is the latest airline to ask its 13,000 employees to take voluntary unpaid leave as the spread of coronavirus (COVID-19) takes a heavy toll on airlines' bottom line.

Flight MH370: 'No firm proof about pilot'

Feb 20

KUALA LUMPUR (Feb 20): The Malaysian authorities did examine the possibility of a criminal plot behind the disappearance of the Malaysia Airlines Flight MH370, said the then prime minister Datuk Seri Najib Razak, but did not make the suspicions public as the plane’s recorders had not been found.

Aviation faces risks from the coronavirus, says S&P Global Ratings

Jan 30

KUALA LUMPUR (Jan 30): Airlines face risks from the coronavirus outbreak similar to those that gripped the industry from another rapidly spreading illness in 2003, according to an S&P Global Ratings.

Malaysia Airlines to avoid Iranian airspace over safety concerns following missile attack

Jan 08

KUALA LUMPUR (Jan 8): Malaysia Airlines Bhd is steering clear of the "conflict airspace of Iran" amidst flaring tensions between the US and the Middle East.

SIA-Malaysia Airlines deal may take off within a year

Nov 06

KUALA LUMPUR (Nov 6): The joint business arrangement between Singapore Airlines (SIA) and Malaysia Airlines Bhd is expected to take off within a year.

Malaysia Airlines inks wide-ranging partnership agreement with Singapore Airlines

Oct 30

KUALA LUMPUR (Oct 30): Malaysia Airlines Bhd (MAB) has inked a wide-ranging commercial agreement with Singapore Airlines (SIA) to share revenue on flights between Singapore and Malaysia, expand codeshare routes and participate in joint marketing activities to develop tourism.

Khazanah has shortlisted 4 strategic investors for Malaysia Airlines: Azmin Ali

Oct 22

KUALA LUMPUR (Oct 22): Khazanah Nasional Bhd has shortlisted four investors to be the strategic partner in Malaysia Airlines Bhd, according to Minister of Economic Affairs Datuk Seri Mohamed Azmin Ali.

Najah Air said to have pulled out of race for Malaysia Airlines

Aug 28

KUALA LUMPUR (Aug 28): Najah Air Sdn Bhd, a six-man group of entrepreneurs led by AirAsia Group Bhd co-founder and former chairman Datuk Pahamin Ab Rajab, has pulled out of the potential bidding war for struggling Malaysia Airlines Bhd, according to sources.