Malaysia Airlines on the way to delisting from Stock Market

Malaysia Airlines on the way to delisting from the stock market. Malaysia’s state investment fund made an announcement this Friday that it will delist Malaysia Airlines from the stock market in order to initiate the process of overhaul & restructure the Malaysia Airlines taking into considerations of the Malaysian Airline mishap, its consequences…& its present troubled state.

Khazanah Nasional, Malaysian state investor & 70% stock holder stated that: in present scenario of Malaysia Airline Mishap & its consequences held after. Malaysia Airlines had itself submitted the proposal to delist the airlines to the Airline’s board of directors.

Malaysia’s state investment fund also stated that all the parties business, management& forth coming private parties must work co-coordinately to make the restructuring & overhauling process to go smoothly & overcome the crisis.  And also, added a note that forthcoming Private management had rights to sell the assets of airlines.

Malaysia Airlines Mishap of twin Flights: Flight 370 & Flight 17 took the 537 people’s lives.  Even the Flight 370 which was missed in March 2014 has not been traced which carried 239 people.   And meanwhile, in July 2014 MH17 was shot by surface to air missile in pro-Russian territory battling the Ukraine government.
Analysts say that: already Malaysia Airlines was in a troubled financial stage with no annual profit raisings.  And adding to this, they also say that it failed in competing with the parallel airlines that flies at very low fares. Caught in between all these situations, the Mishap adversely affected & has made Malaysia Airlines to pay millions to its passenger’s families. All this lead the Malaysian Airlines to look towards the present bailout situation from the government.