(Nov 4): As the government prepares to choose a strategic investor for loss-making Malaysia Airlines (MAB), pressure is already building to get the choice right and to do it as quickly as possible.
People who have seen the national carrier’s books tell The Edge Malaysia that, as it stands, the airline only has enough cash to sustain its operations up to April 2020.
However, other sources familiar with Khazanah Nasional’s plans say the sovereign wealth fund, which wholly owns MAB, will not let the carrier crash by then.
