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Malaysia considering shut down or sale of Malaysia Airlines

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Mahathir Mohamad
Asia   Prime Minister Mahathir Mohamad says it's a very serious matter

The Malaysian government is considering whether to shut, sell or refinance national carrier Malaysia Airlines, Prime Minister Mahathir Mohamad told reporters.

The government was studying options for the national carrier, and a decision should be made "soon", Mahathir said, when asked about analysts' suggestions that the airline should be shut down or spun off.

"It is a very serious matter to shut down the airline," Mahathir told a news conference at parliament.

"We will nevertheless be studying and investigating as to whether we should shut it down or we should sell it off or we should refinance it. All these things are open for the government to decide."

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