Strategic investor in Malaysia Airlines should be an airline, says CEO

Strategic investor in Malaysia Airlines should be an airline, says CEO. [Newspaper] (2019)



Abstract

THE strategic investor in Malaysia Airlines Bhd should be an airline, its group CEO Izham Ismail insists, even as the government considers the pros and cons of shutting down, selling or refinancing the ailing national carrier. “Naturally, it should be an airline because they know the business. As the CEO, I can give my recommendations,” he tells Malaysian journalists on the sidelines of the International Air Transport Association’s (IATA) recent 75th annual general meeting in Seoul, South Korea. “Because if you marry someone and it doesn’t work out, it is going to be an ugly divorce. So before we go into [a marriage], both parties must be really real about what the future entails, what are the challenges and what is the current state of Malaysia Airlines and that of the investor, whether it has the appetite and capacity to take the airline forward.”

Item Type: Newspaper
Keywords: Business strategy, Investments, Transportation, Profit & Loss, Debt, Brand Image
Taxonomy: By Subject > Business & Management > Finance
By Subject > Business & Management > Marketing
Local Content Hub: Subjects > Business & Management
Depositing User: Normah Sadaiee
Date Deposited: 29 Jun 2021 06:55
Last Modified: 29 Jun 2021 06:55
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