MALAYSIA Airlines’ (MAS) new chief executive officer, Captain Izham Ismail, is going in to helm the ailing airline with his eyes wide open.
The airline has lost more money than it has made since 2001, a clear indication that it lacks quality in its earnings. Its shareholder, which is the government holding its stake via Khazanah Nasional Bhd, has pumped in more than RM20bil over the period and the airline still requires more.
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