Restructuring plan, "Malaysia Airlines" as a result of recent disasters

Declared sovereign wealth fund in Malaysia, which owns a majority stake in Malaysia Airlines 'Malaysia Airlines' intention to the acquisition of all the shares of the airline defaulting to become a wholly-owned subsidiary of the state within the framework of a plan to restructure after being hit by two incidents of aviation major in five months what caused her great losses.

And displays the fund, which already owns 37.69% of the shares of the company's shareholders to buy the stock at a price of 27.0 ringgit (08.0 dollars), which is more than 5.12% from its price at the close of the trading session on Thursday in an attempt to complete the acquisition of the entire company, was to stop dealing on the stock as Friday. 

In a statement to the sovereign wealth fund that "the restructuring plan proposed will require all parties concerned to work closely to complete the process of a comprehensive review of the national airline of all relevant aspects." 

He added that the review process will take between six to 12 months, is expected to put forward a detailed plan for this process by the end of this month. 

It is noteworthy that the presence of a single owner of the company will make it easier for her to do major repairs quickly and efficiently. 

But thanks Youssef expert in the economics of aviation Landau Analytics Foundation for Economic Consultancy believes that the investment fund "Treasury" is "strong step" through the development of the airline under the control of the entire state. 

He added that the investment fund has not been able during the last ten years, directed the airline to stumble, it is doubtful their ability to succeed in it now if action is not taken "drastic and very strong," as happened with the Swiss airline Swissair when it was closed and stop the run in , 2001. 

The Malaysian company suffers from many problems, such as government intervention, and inflation team work where it operates about 20 thousand workers almost as well as subcontracts that benefit close. 

The company has undergone a number of restructuring operations in the past, and was the last time in 2011, and re-targeting Malaysia Airlines to profitability in 2013 through the rescheduling of flight lines and reduce employment and the decommissioning of old aircraft and replace with new aircraft. 

But the company did not make a profit, but recorded a net loss of 174.1 billion ringgit (364 million dollars) over the past year.

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