MALAYSIAN
January 1st, 2002
BY MARK ROWETHE MALAYSIAN government is planning to privatise the international arm of its national carrier, Malaysian Airline System (MAS) in an attempt to tackle the airline group's overall debts of almost Pounds two billion. The move may also involve attempts to link up with a foreign strategic partner.The government, which controls 83 per cent of MAS, plans to transfer its profitable international operations and listing status to a new company, Newco. The nationalised airline will control the loss-making domestic operations and own the bulk of the group's ...
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