Business
Malaysia’s Sovereign Wealth Fund Says AirAsia And Malaysia Airlines Merger Is Unlikely – Simple Flying
Malaysia’s Khazanah Nasional Bhd revealed on Saturday that a merger between the state’s flag carrier and AirAsia would
Malaysias Khazanah Nasional Bhd revealed on Saturday that a merger between the states flag carrier and AirAsia would be challenging to carry out. The sovereign wealth fund believes a coalition between Malaysia Airlines and budget airline AirAsia will reduce customer segmentation.
Malaysia’s largest airlines are unlikely to merge following Khazanah’s statement. Photo: Getty Images
Since April, Reuters reported that there had been discussions to potentially merge Malaysia Airlines and AirAsia as…
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