A group of leasing companies has rejected a restructuring plan put forward by Malaysia Airlines, bringing the state carrier closer to a showdown over its future. Lessors claiming to represent 70% of t …
UPDATE 2-Soccer-AFC moves all East Asia Champions League games to Qatar
Oct 9 (Reuters) – The Asian Football Confederation on Friday said it has moved all remaining Asian Champions League games for East zone sides to Qatar from Malaysia. The games, including remaining …
North Korean Businessman in Malaysia Loses Appeal Against Extradition to US
The Kuala Lumpur High Court on Thursday rejected a North Korean businessman’s appeal against being extradited to the United States on money laundering charges, but he will appeal to the Federal Court …
South China Sea: Malaysia to stick with ‘quiet diplomacy’ towards Beijing in dispute, analysts say
Malaysia is likely to maintain its “quiet diplomacy” in dealing with China’s sweeping maritime claims instead of heeding calls to be more aggressive, with Kuala Lumpur wary of Beijing’s tendency to …
Malaysia to stop funding state carrier if restructuring talks with lessors fail
The warning from Malaysia Airlines’ holding company group raises the stakes in negotiations for a financial shake-up known as “Plan A” and sets out an alternative plan to divert funds to a sister …
Malaysia’s AirAsia to return planes to lessors, shrink fleet -CEO
Malaysia’s AirAsia Group Bhd is looking to return some planes to lessors and shrink its fleet, Group CEO Tony Fernandes said on Thursday. KUALA LUMPUR, Oct 8 (Reuters) – Malaysia’s AirAsia Group Bhd …
Exclusive: Malaysia to stop funding state carrier if talks with lessors fail – letter
The parent of Malaysia Airlines has warned leasing companies that state fund Khazanah will stop funding the group and force it into a winding down process if restructuring talks with lessors are …
North Korean in Malaysia loses appeal against US extradition
A North Korean man accused of laundering money lost a legal bid to halt his extradition from Malaysia to the US to face charges Thursday, but will lodge a final appeal.
Malaysia to stop funding national carrier if lessor talks fail – letter
The parent of Malaysia Airlines has warned leasing companies that state fund Khazanah will stop funding the group and force it into a winding down process if restructuring talks with lessors are …
Malaysia to stop funding national carrier if lessor talks fail – letter
The parent of Malaysia Airlines has warned leasing companies that state fund Khazanah will stop funding the group and force it into a winding down process if restructuring talks with lessors are …