Enough room for new airlines in Malaysia

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THERE are pockets of positive development in the aviation industry amid the MYAirline Sdn Bhd fiasco, which has been hogging the limelight with its abrupt end of operations.

For instance, there is a sigh of relief that Malaysia Airlines no longer needs its ultimate holding company Khazanah Nasional Bhd to inject more cash into its operations, as it is sitting on a cash balance of RM5.2bil as at end-October 2023.



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