Khazanah Nasional hopes for wider options to decide on MAG

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Khazanah Nasional hopes for wider options to decide on MAG
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The current focus is to ensure that MAG is in a stronger position and has a sustainable operation with greater customer experience in order to stand on its own feet to compete with other airlines.

Managing director Datuk Amirul Feisal Wan Zahir said the current focus is to ensure that MAG, the operator of national carrier Malaysia Airlines, is in a stronger position and has a sustainable operation with greater customer experience in order to stand on its own feet to compete with other airlines.

"So, rather than just be fixated on one solution, get the airline sturdy for the future and the options are maybe we might keep it , maybe we might look at alliances. The options are wide,” he told a media briefing after announcing Khazanah’s 2022 financial performance here, today. He believes that MAG is already in the profitable trajectory, as per the requirement under the Business Turnaround Plan, wherein Khazanah committed new capital of RM3.6 billion to the group to fund the business through 2025.

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