Ex-PM Mahathir criticises Malaysia Airlines takeover – gulfnews.com

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gulfnews.comKuala Lumpur: Influential former prime minister Mahathir Mohammad on Tuesday criticised the takeover of crisis-hit Malaysia Airlines by the country’s sovereign wealth fund as a recipe for more losses by the carrier. Sovereign fund Khazanah Nasional …Malaysia Airlines shares up as nationalisation loomsClarence Valley Daily ExaminerMahathir criticises Malaysia Airlines takeoverThe Straits TimesState Fund Khazanah To … Read more

State Fund Khazanah To Take Over Malaysia Airlines – Aviation International News

Aviation International NewsIn a move to ensure the viability of Malaysia Airlines, the country’s sovereign wealth fund, Khazanah Nasional Berhad, has stepped in with $430 million rescue plan to delist the national carrier and take it private. Khazanah, which holds a 69.37 … …read more Source: Malaysia Airlines News Feed From Google News Zennie AbrahamZennie … Read more

Malaysia Airlines Leans on Social Media After Twin Tragedies – Adweek

AdweekAs Malaysia Airlines struggles to stay aloft following the mysterious disappearance of Flight 370 over the Indian Ocean and the downing of Flight 17 over eastern Ukraine, the airline’s Facebook page and Twitter accounts have become something of a … …read more Source: Malaysia Airlines News Feed From Google News Zennie AbrahamZennie Abraham | Zennie … Read more

Ex-PM Mahathir criticises Malaysia Airlines takeover – Channel News Asia

Channel News Asia“Khazanah has been in full control of Malaysia Airlines all this time. And all this time Malaysia Airlines has been bleeding profusely,” Dr Mahathir, prime minister from 1981-2003, wrote on his blog. “So why should anyone believe that with 100 per cent …Malaysia Airlines‘ painful fight for its futureBBC News all 36 news … Read more

Ex-PM Mahathir criticises Malaysia Airlines takeover – Yahoo!7 News

Yahoo!7 NewsKuala Lumpur (AFP) – Influential former prime minister Mahathir Mohamad on Tuesday criticised the takeover of crisis-hit Malaysia Airlines by the country’s sovereign wealth fund as a recipe for more losses by the carrier. Sovereign fund Khazanah …Malaysia Airlines‘ painful fight for its futureBBC NewsLet’s save Malaysia AirlinesThe Sun DailyShares of Malaysia Airline Jump … Read more

Dutch Investigators Leave Malaysia Airlines MH17 Crash Site – NBCNews.com

NBCNews.comDutch Safety Board investigators given few opportunities to visit the Malaysia Airlines MH17 crash site in Ukraine are being pulled from the country, with the organization saying there is little more they can learn there. The Safety Board said in a …Malaysia Airlines: First MH17 crash report ‘in weeks’ says Dutch investigatorsEconomic TimesAbbott in Hague … Read more

Malaysia Airlines shares soar on nationalisation plan – The Independent

The IndependentShares in the airline had plunged by 40% over the previous nine months, with analysts warning the company could run out of money as early as next year’s first quarter. Khazanah — which already owns more than two-thirds of Malaysia Airlines — is set …Malaysia Airlines‘ painful fight for its futureBBC NewsLet’s save Malaysia … Read more

Malaysia Airlines: First MH17 crash report ‘in weeks’ says Dutch investigators – Economic Times

Economic TimesThe deteriorating security situation prevented crash investigators under the OVV’s leadership from reaching the remote site, although Dutch, Australian and Malaysian forensic experts did reach the area to look for body parts and personal belongings.Abbott in Hague for MH17 talksNEWS.com.auTony Abbot heads to The Netherlands for talks about downed Malaysia Airlines …Perth NowAustralia’s Abbott: … Read more

AirAsia’s business friendly flex deal adds to Malaysia Airlines woes – Crikey (blog)

AirAsia’s business friendly flex deal adds to Malaysia Airlines woesCrikey (blog)Today’s official launching of Air Asia’s Premium Flex deal could be seen as a brutal reminder to the renationalised Malaysia Airlines that its home grown rival isn’t cutting it any slack as it goes after its most valuable business customers. The … and more …read … Read more

Malaysia Airlines’ painful fight for its future – BBC News

BBC NewsMalaysia Airlines has joined the unenviable list of national carriers forced into a painful restructuring. Two disasters this year have left the airline fighting for its future. With the government investment fund Khazanah looking to take total control … …read more Source: Malaysia Airlines News Feed From Google News Zennie AbrahamZennie Abraham | Zennie … Read more

Malaysia Airlines Shares Resume Trading Today – Bloomberg

Malaysia Airlines Shares Resume Trading TodayBloombergAug. 11 (Bloomberg) –- Bloomberg’s Haslinda Amin reports on Malaysia Airlines shares to begin trading again as the company prepares to be taken private. She speaks to Rishaad Salamat on “On The Move.” (Source: Bloomberg). Please enable JavaScript … and more …read more Source: Malaysia Airlines News Feed From Google … Read more

Malaysia Airlines’ shares up on takeover offer – Channel News Asia

Channel News AsiaKUALA LUMPUR: Shares of Malaysia Airlines (MAS) on Monday (Aug 11) rose as much as 10.4 per cent after state investment fund Khazanah Nasional said it will take the national carrier private and purchase all minority shares, offering 27 sen per share. …read more Source: Malaysia Airlines News Feed From Google News Zennie … Read more

Desperate steps to revive failing Malaysia Airlines – New Zealand Herald

New Zealand HeraldPhoto / AP. Haemorrhaging cash after almost unfathomable double disasters that killed 537 people, Malaysia Airlines will be brought back under the wing of the Malaysian Government as a prelude to a comprehensive overhaul. It will be the latest in a …Malaysia Airlines seeks change of fortunesFinancial TimesBoard overhaul, job cuts as Malaysia … Read more

Malaysia Airlines on last flight to survival – Financial Times

Financial TimesMalaysia Airlines has consistently won awards for in-flight service. The fact that its satay has been voted the best “signature dish” of any airline is a point of pride. But it has for years suffered from bloated staff numbers relative to the number of …Following Disasters, Malaysia Airlines Considers Brand OverhaulForbesMalaysia Steps In to … Read more

Malaysia buys out 30% of shares – Times Record News

Times Record NewsBEIJING — Saying Malaysia Airlines needs a “complete overhaul” following two devastating air disasters, the Malaysian government’s strategic investment fund on Friday proposed buying out the approximately 30 percent of the carrier’s shares it does not … …read more Source: Malaysia Airlines News Feed From Google News Zennie AbrahamZennie Abraham | Zennie Abraham … Read more

Malaysia Airlines to be delisted after €320m offer – Irish Independent

Irish IndependentMalaysia Airlines has grappled with increased competition and higher costs even before Flight 370 vanished, as low-cost rivals flooded the region with planes and drove down fares. Restructure. “By privatising it first, it makes the restructuring easier … …read more Source: Malaysia Airlines News Feed From Google News Zennie AbrahamZennie Abraham | Zennie Abraham … Read more

Malaysia Airlines to be nationalised in bid to rescue company after MH17 and … – Daily Mail

Daily MailCrisis and risk management experts suggested the government should bring in new management to the company – possibly from outside Malaysia – as Korean Air and Garuda Indonesia did in response to safety-related crises. Malaysia Airlines lost 4.1billion … …read more Source: Malaysia Airlines News Feed From Google News Zennie AbrahamZennie Abraham | Zennie … Read more

Horrifying question for MH17 families – NEWS.com.au

NEWS.com.auFamily members will be awarded a US$50,000 compensation payout — on top of the $5000 given for emergency expenses by Malaysia Airlines as part-compensation by the airline. The final compensation amounts will take a long time to determine, Malaysia …65 victims of Malaysia Airlines Flight MH17 identified, last experts homeThe Straits Times all 60 news … Read more

Following Disasters, Malaysia Airlines Considers Brand Overhaul – Forbes

ForbesFew companies can survive the the negative impact of a disaster — let alone two — but Malaysia Airlines is going to try. Following the loss of two aircraft in the last six months, the airline’s primary stakeholder is now considering a pivot away from … …read more Source: Malaysia Airlines News Feed From Google … Read more

Overhauling Malaysia Airlines: What could struggling carrier look like 5 years … – Calgary Herald

Calgary HeraldA Malaysia Airlines Boeing 737-800 plane sits on tarmac at Kuala Lumpur International Airport in Sepang, Malaysia, Friday, Aug. 8, 2014. Malaysia’s state investment company said Friday it plans to make Malaysia Airlines fully government owned, removing … …read more Source: Malaysia Airlines News Feed From Google News Zennie AbrahamZennie Abraham | Zennie Abraham … Read more

Malaysian Airlines Gives $5000 to Families of MH17 Victims – NBCNews.com

NBCNews.comMalaysia Airlines is offering $5,000 to the families of each passenger and crew member who perished aboard Flight MH17. In a statement issued Saturday, the airline said its primary focus was to care for the loved ones affected by the tragedy, and has …Malaysia Airlines gives £2980 to MH17 familiesITV News all 3 news articles … Read more

Complete overhaul planned for Malaysia Airlines – Irish Times

Complete overhaul planned for Malaysia AirlinesIrish TimesMalaysia’s state investment company plans to make Malaysia Airlines fully government owned, removing it from the country’s stock exchange before carrying out a far-reaching overhaul of the carrier that is reeling from double disasters. Khazanah … …read more Source: Malaysia Airlines News Feed From Google News Zennie AbrahamZennie Abraham … Read more

Crisis-hit Malaysia Airlines faces ‘complete overhaul’ – Al Jazeera America

Crisis-hit Malaysia Airlines faces ‘complete overhaul’Al Jazeera AmericaMalaysia Airlines will be taken over by the country’s state investment fund and de-listed, as part of plans announced Friday for a “complete overhaul” to rescue the company after two crippling air disasters. Khazanah Nasional, which owns 70 percent of … …read more Source: Malaysia Airlines News Feed … Read more

State moves to delist Malaysia Airlines at a cost of RM1.4 billion – Channel News Asia

Channel News AsiaKUALA LUMPUR: Malaysia Airlines will be taken over by a state investment fund under plans announced Friday, ahead of a “complete overhaul” aimed at saving the company from oblivion. Khazanah Nasional, which already owns 70 per cent of the flag … …read more Source: Malaysia Airlines News Feed From Google News Zennie AbrahamZennie … Read more

Government takeover, ‘overhaul’ of Malaysia Airlines planned – Los Angeles Times

Government takeover, ‘overhaul’ of Malaysia Airlines plannedLos Angeles TimesSaying Malaysia Airlines needs a “complete overhaul” following two devastating air disasters, the Malaysian government’s strategic investment fund on Friday proposed buying out the approximately 30% of the carrier’s shares it does not own and delisting … …read more Source: Malaysia Airlines News Feed From Google News … Read more

Malaysia Airlines to Be Taken Over by Government – New York Times

New York TimesBANGKOK — Mired in debt and reeling from two aircraft disasters this year, Malaysia Airlines will be fully taken over by the government as a prelude to a restructuring, the Malaysian government said Friday. Khazanah Nasional, the investment arm of the …Malaysia Airlines Set for Buyout, ‘Wholesale Change’Wall Street JournalMalaysia Airlines to be … Read more

Malaysia Airlines to be privatised after plane disasters – Sydney Morning Herald

Sydney Morning HeraldMalaysia Airline System Bhd. will be privatised as part of a restructuring plan to keep the carrier in business after its two plane disasters this year. The carrier said its majority investor, state-run Khazanah Nasional will offer 27 sen for each …Malaysia Airlines to Be Delisted in $429 Million BuyoutBloombergMalaysia Airlines: State fund … Read more

Malaysia Airlines: State fund proposes takeover – BBC News

BBC NewsMalaysia’s state investment firm Khazanah Nasional has proposed a “complete overhaul” of troubled national carrier Malaysia Airlines. Khazanah wants to buy the shares it does not already own in Malaysia Airlines and delist the carrier. The airline has … …read more Source: Malaysia Airlines News Feed From Google News Zennie AbrahamZennie Abraham | Zennie … Read more

State fund to take over Malaysia Airlines – Sky News Australia

Sky News AustraliaMalaysia Airlines will be taken over by a state investment fund ahead of a ‘complete overhaul’ aimed at saving the company from oblivion. Khazanah Nasional, which already owns 70 per cent of the flag carrier, said it intends to delist the company … …read more Source: Malaysia Airlines News Feed From Google News … Read more

Malaysia Airlines Set for Buyout, Restructure – Wall Street Journal

Wall Street JournalKUALA LUMPUR—Malaysia’s state investment firm on Friday unveiled plans to take Malaysia Airlines private, the first step to restructure the flag carrier hit by the loss of two jetliners this year. Khazanah Nasional Bhd., which owns 69.4% of the …Malaysia Airlines to be privatised after plane disastersSydney Morning HeraldState fund to take over … Read more

Malaysia Airlines to be delisted in Govt takeover – New Zealand Herald

Malaysia Airlines to be delisted in Govt takeoverNew Zealand HeraldMalaysia’s state investment company plans to remove struggling Malaysia Airlines from the stock exchange, making it fully state-owned before a far-reaching overhaul of its business. Malaysia Airlines has been hit by two major disasters this year, which … …read more Source: Malaysia Airlines News Feed From … Read more

Share Trading in Malaysia Airlines Suspended – ABC News

Share Trading in Malaysia Airlines SuspendedABC NewsTrading in shares of Malaysia Airlines was suspended Friday ahead of an announcement by the carrier, which is reeling financially after being hit by two passenger jet tragedies this year. A notice posted on the Kuala Lumpur stock exchange said the … …read more Source: Malaysia Airlines News Feed … Read more

After Losing 2 Passenger Jets, Malaysia Airlines Suspends Trading And Plans … – Huffington Post

After Losing 2 Passenger Jets, Malaysia Airlines Suspends Trading And Plans …Huffington PostKUALA LUMPUR, Malaysia (AP) — Malaysia’s state investment company says it wants to remove struggling Malaysia Airlines from the stock exchange, making it fully state-owned before a far-reaching overhaul of its business. Khazanah Nasional, which owns … …read more Source: Malaysia Airlines News … Read more

Malaysia Airlines shares suspended – Sydney Morning Herald

Sydney Morning HeraldA Malaysia Airlines jet was shot down in Ukraine in July, four months after Flight 370 en route to Beijing from Kuala Lumpur vanished. Malaysia Airlines, which racked 4.13 billion ringgit ($1.3 billion) in losses in the past three years, will probably …Malaysia Airlines to suspend trading Friday, report saysCBC.caMalaysia Airlines MH17 crash: … Read more

Malaysia Airlines MH17 crash: First Malaysian victim identified – The Straits Times

The Straits TimesPETALING JAYA (THE STAR/ASIA NEWS NETWORK) – Three weeks after Malaysia Airlines Flight MH17 was shot down with 298 people on board, the first Malaysian victim may have been identified, sources said. Elaine Teoh, 27, from Penang, is believed to …A Break in the Malaysia Airlines Flight MH17 Investigation?American Spectator (blog) all 16 … Read more