Malaysia Airlines Achieves Key Restructuring Milestone

MAG
<p>Credit: Joe Pries</p>The latest carrier looking to offload its A380s is Malaysia Airlines, which has operated the aircraft since 2012. In July this year, it confirmed it was looking to sell its six A380 aircraft and even posted an advert for sale inquiries on LinkedIn.
Malaysia Airlines Group (MAG) has gained court approval of a deal to reduce lease liabilities, which clears the way for a broader restructuring and a further funding injection by the government. The carrier’s leasing arm filed a scheme of arrangement through the UK court system under Part 26 of the...

Subscription Required

 

Malaysia Airlines Achieves Key Restructuring Milestone is published in Aviation Daily, an Aviation Week Intelligence Network (AWIN) Market Briefing and is included with your AWIN membership.

Already a member of AWIN or subscribe to Aviation Daily through your company? Login with your existing email and password

Not a member?  Learn how to access the market intelligence and data you need to stay abreast of what's happening in the air transport community.