Khazanah Nasional studying 'several international companies' for Malaysia Airlines partnership

21 January, 2020

Malaysia's Economic Affairs Minister Mohamed Azmin Ali reported Khazanah Nasional is studying "several international companies" that have expressed interest in a strategic partnership with Malaysia Airlines (Bernama, 20-Jan-2020). Mr Azmin stated: "Our intention is not to sell the national carrier but to find a strategic partner to improve its position today". He added: "I don't want to give a timeline but the Prime Minister had received a visit from an international company and I was asked to follow up on the discussion as soon as possible". As previously reported by CAPA, Mr Azmin stated the government expects a decision to be made on the strategic partner by "early 2020", adding Khazanah will remain a key shareholder in the company.