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Malaysia Airlines aims to acquire another carrier
Kuala Lumpur, Malaysia - The airline has a cash surplus and wants to invest it in an acquisition
Malaysia Airlines is looking around to get the chance to acquire another airline, finding itself with a huge cash surplus of almost $1 billion due to last year's good operational results. The carrier's managing director Idris Jala told local newspaper "StarBiz". "People always ask why we keep so much cash - Jala said - We are positioning ourselves so that when the chance comes, we will be ready...
AVIONEWS - World Aeronautical Press Agency - 1103058
AVIONEWS - World Aeronautical Press Agency
AVIONEWS - World Aeronautical Press Agency