State Fund Khazanah To Take Over Malaysia Airlines
The beleagured carrier has lost money for five straight quarters.
According to a Maybank analyst, Malaysia Airlines remains profitable on domestic routes, where it flies Boeing 737-800s. (Photo: Gabriele Stoia)
According to a Maybank analyst, Malaysia Airlines remains profitable on domestic routes, where it flies Boeing 737-800s. (Photo: Gabriele Stoia)

In 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.