Malaysia Airlines will overcome crisis, finance minister says

Malaysia's finance minister has sent a strong signal that Malaysia Airlines will benefit from state financial support to ensure its survival, as talks continue over a possible debt restructuring to salvage the national flag carrier. Tengku Zafrul Abdul Aziz said that MAS' sole shareholder Khazanah Nasional -- a state wealth fund wholly-owned by the government -- has been told to put the airline in a "position of strength" to support the domestic economy after the COVID-19 pandemic. "The Ministry of Finance has spoken to Khazanah and asked them to ensure that MAS continues to be in the position of strength to support the economy when it recovers," said Tengku Zafrul, an ex-banker who was appointed in March.<br/>
Nikkei
https://asia.nikkei.com/Editor-s-Picks/Interview/Malaysia-Airlines-will-overcome-crisis-finance-minister-says
11/24/20