Japan Airlines could bid for Malaysia Airlines, Edge reports

Japan Airlines could be a contender to buy a stake in Malaysia Airlines, the Edge weekly newspaper reported. There have been high-level talks for Japan Airlines to pursue an interest in the Malaysian carrier amid close ties between the two govts, the Edge said, citing 2 unidentified people familiar with the matter. Japan Airlines president Yuji Akasaka said in June that it was too early to say whether the carrier would consider an investment in Malaysia Airlines although further talks were possible, according to the Edge. Khazanah Nasional, Malaysia’s sovereign wealth fund and the sole shareholder of the carrier, has hired Morgan Stanley to look at strategic options for Malaysia Airlines. A stake sale is one of them. <br/>