Malaysia Airlines News Stories
April 12, 2013
Shares in Malaysia Airlines fell 5.5 percent on Friday after the company confirmed a MYR3.1 billion ringgit (USD$1.02 billion) rights issue.
March 6, 2013
Malaysia Airlines has received shareholder approval for a rights issue to raise MYR1.3 billion ringgit (USD$418.6 million) as part of its recovery plan, according to a report in the country's Business Times.
December 18, 2012
Malaysia Airlines, the country's national carrier, said on Tuesday it signed a memorandum of understanding with French-Italian aircraft maker ATR to buy 36 ATR 72-600s for MYR3 billion ringgit (USD$981 million).
November 28, 2012
Shares in Malaysia Airlines tumbled more than 20 percent to an all-time low on Wednesday as the national carrier's MYR3.1 billion ringgit (USD$1 billion) rights issue plan triggered fears of share dilution and uncertainty over the move.
November 20, 2012
Loss-making Malaysia Airlines has secured a state-backed Islamic bond facility to raise up to MYR5.3 billion ringgit (USD$1.73 billion) for the purchase of eight new wide-body aircraft from Airbus.
October 2, 2012
Malaysia Airlines may in the longer term turn its subsidiary Firefly into a fully-fledged low-cost carrier, according to a report in the country's Business Times.
September 11, 2012
Malaysia Airlines is considering Bombardier as a potential aircraft supplier for its Firefly subsidiary when it returns to operations next year, according to the country's Business Times.
August 14, 2012
Malaysia Airlines on Tuesday posted a smaller net loss of MYR349.248 million ringgit for the second quarter.
July 26, 2012
Malaysia Airlines may revisit a joint venture plan with Australia's Qantas as part of its strategy to boost revenue by over 40 percent, according to a report in The Edge Business Daily.
July 24, 2012
Low cost carrier AirAsia wants to end its joint venture deal with national carrier Malaysia Airlines (MAS), according to a report in the Malaysian Business Times.
June 22, 2012
Malaysia Airlines has tweaked its business turnaround plan and delayed its target to return to profitability by another year to 2014, according to a report in The Edge Financial Daily.
June 14, 2012
Australia's Federal Court fined Malaysia Airlines Cargo AUD$6 million (USD$5.97 million) for price fixing, stemming from a cartel action brought by the Australian Competition and Consumer Commission, the watchdog said on Thursday.