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More suitors join the fray for Malaysia Airlines

Kang Siew Li
Kang Siew Li • 6 min read
More suitors join the fray for Malaysia Airlines
(July 8): Given the pervasive doom and gloom surrounding Malaysia Airlines Bhd, many would presume it would be difficult to find suitors or white knights for the floundering carrier. But the national airline has attracted several investor groups, even as
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(July 8): Given the pervasive doom and gloom surrounding Malaysia Airlines Bhd, many would presume it would be difficult to find suitors or white knights for the floundering carrier. But the national airline has attracted several investor groups, even as it awaits a decision from the board of directors of Khazanah Nasional Bhd — its sole shareholder — on the direction of its next turnaround plan.

It is understood that Tan Sri Syed Azman Syed Ibrahim of The Weststar Group has been added to the growing list of possible suitors for Malaysia Airlines.

The group has an aviation arm, Weststar Aviation Services Sdn Bhd, which offers off shore helicopter transport services in Malaysia, Thailand, Indonesia, Morocco and Mauritania. It also has a general aviation arm, Weststar General Aviation Sdn Bhd, which provides executive VIP charters and aerial work services.

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