After seven months since the major shareholders of Malaysia’s national carrier Malaysia Airlines (MAS) and AirAsia announced that it would undertake a share swap, the deal is apparently going through a rough landing. Rumor has it that the deal is scrapped after unions representing MAS employees protested against the share swap agreement that would result...
In the past, like it or not, Malaysia’s national carrier, Malaysia Airlines (MAS), and Asia’s leading low-cost carrier, AirAsia, have often been regarded as rivals. But this may not be the case anymore, as the shareholders of the two flight operators have recently made a pact to do a share swap. The end-result will be...
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