Deals

Mahathir Weighs Proposals to Buy or Manage Malaysia Airlines

  • Government received four proposals for the flagship carrier
  • Malaysia is seeking way to return troubled airline to profit
Photographer: Samsul Said/Bloomberg
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The government is studying proposals it received for Malaysia Airlines Bhd., said Prime Minister Mahathir Mohamad.

The four proposals were mostly from local companies, who offered to either buy a stake in the flag carrier or to manage it, he told reporters near Kuala Lumpur on Tuesday. He didn’t name the companies that sent in the proposals.