The Struggle to Keep Malaysia Airlines Flying

Five years after its annus horribilis, Malaysia Airlines is still struggling to survive, helped only by government largesse and the national carrier’s political importance, the Financial Times reported. There may be a lifeline in the form of a stake sale, but time is running out as market conditions sour, while moves to divest could leave the ruling coalition exposed to attack from its key rival. In March 2014, flight 370 from Kuala Lumpur to Beijing mysteriously disappeared over the Indian Ocean, with 239 passengers and crew on board. Just three months later, flight 17 from Amsterdam to Kuala Lumpur was downed over eastern Ukraine, an act for which Dutch prosecutors have charged four military and intelligence officers from Russia and Ukraine (Moscow denies all allegations). Read more