No job cuts in Malaysia Airlines, assures AirAsia Group co-founder Pahamin who has proposed a takeover
Datuk Pahamin Ab Rajab and his 5 partners who are keen to take over Malaysia Airlines have given their assurance that there will be no job cuts should their plan to turn the ailing airline around be accepted by the govt. The offer through their vehicle, Najah Air, has proof of funding and they will need to conduct a 3-month due diligence before unveiling their full turnaround plan for the airline. Pahamin said that "we have assured the prime minister that we will not sack anybody at Malaysia Airlines. We will also not ask for financial support from Khazanah or the govt. We will (ask to) have the rights to manage without interference from the govt. The airline will have the same national branding and will not change name." <br/>
https://portal.staralliance.com/cms/news/hot-topics/2019-07-05/oneworld/no-job-cuts-in-malaysia-airlines-assures-airasia-group-co-founder-pahamin-who-has-proposed-a-takeover
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No job cuts in Malaysia Airlines, assures AirAsia Group co-founder Pahamin who has proposed a takeover
Datuk Pahamin Ab Rajab and his 5 partners who are keen to take over Malaysia Airlines have given their assurance that there will be no job cuts should their plan to turn the ailing airline around be accepted by the govt. The offer through their vehicle, Najah Air, has proof of funding and they will need to conduct a 3-month due diligence before unveiling their full turnaround plan for the airline. Pahamin said that "we have assured the prime minister that we will not sack anybody at Malaysia Airlines. We will also not ask for financial support from Khazanah or the govt. We will (ask to) have the rights to manage without interference from the govt. The airline will have the same national branding and will not change name." <br/>