{"id":6260,"date":"2020-10-08T10:54:42","date_gmt":"2020-10-08T02:54:42","guid":{"rendered":"https:\/\/newmalaysiatimes.com\/?p=6260"},"modified":"2020-10-08T10:54:46","modified_gmt":"2020-10-08T02:54:46","slug":"up-to-khazanah-to-sort-out-malaysia-airlines-quandary-tengku-zafrul","status":"publish","type":"post","link":"https:\/\/newmalaysiatimes.com\/?p=6260","title":{"rendered":"Up to Khazanah to sort out Malaysia Airlines&#8217; quandary &#8212; Tengku Zafrul"},"content":{"rendered":"\n<p>KUALA LUMPUR, Oct 8 &#8212;&nbsp;Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz has&nbsp;reiterated that the government will not pump in any more fund into Malaysia Airlines Bhd (MAB) and it is purely up to its sole owner,&nbsp;Khazanah Nasional Bhd to&nbsp;sort it out.<\/p>\n\n\n\n<p>\u201cWe have consistently said that this is the matter where Khazanah have to involve.<\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-large is-resized\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2020\/10\/b4b553102e4d148d372dc64538f63b7e5f7e7bc9d9a5c-1024x559.jpg\" alt=\"Khazanah\" class=\"wp-image-6261\" width=\"426\" height=\"232\" srcset=\"https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2020\/10\/b4b553102e4d148d372dc64538f63b7e5f7e7bc9d9a5c-1024x559.jpg 1024w, https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2020\/10\/b4b553102e4d148d372dc64538f63b7e5f7e7bc9d9a5c-300x164.jpg 300w, https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2020\/10\/b4b553102e4d148d372dc64538f63b7e5f7e7bc9d9a5c-768x419.jpg 768w, https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2020\/10\/b4b553102e4d148d372dc64538f63b7e5f7e7bc9d9a5c-183x100.jpg 183w, https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2020\/10\/b4b553102e4d148d372dc64538f63b7e5f7e7bc9d9a5c-350x191.jpg 350w, https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2020\/10\/b4b553102e4d148d372dc64538f63b7e5f7e7bc9d9a5c-800x437.jpg 800w, https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2020\/10\/b4b553102e4d148d372dc64538f63b7e5f7e7bc9d9a5c.jpg 1073w\" sizes=\"auto, (max-width: 426px) 100vw, 426px\" \/><\/figure><\/div>\n\n\n\n<p>\u201cThe Ministry of Finance (MoF) will not be injecting any (more) cash or capital into the airline through Khazanah\u2026 so Khazanah (as the sole owner) will have to undertake their own exercise to ensure the survival of Malaysia Airlines,\u201d he said on the BFM Radio\u2019s\u00a0Breakfast Grille program today.<\/p>\n\n\n\n<p>Asked if the MoF&nbsp;will be giving any&nbsp;guarantee to MAB&nbsp;and whether the government will close down the airline, he said:<\/p>\n\n\n\n<p>\u201cRight now we are not looking at any support from the government. It is up to Khazanah as the sole owner&nbsp;of Malaysia Airlines.&nbsp;I have never ever said to close down Malaysia Airlines.\u201d<\/p>\n\n\n\n<p>Reuters on&nbsp;Wednesday reported that the parent of Malaysia Airlines,&nbsp;Malaysia Aviation Group (MAG), has warned leasing companies that Khazanah would stop funding the group, forcing it into a winding down process if restructuring talks with lessors are unsuccessful.<\/p>\n\n\n\n<p>&#8212; <a href=\"https:\/\/www.bernama.com\/en\/news.php?id=1887623\">BERNAMA<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>KUALA LUMPUR, Oct 8 &#8212;&nbsp;Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz has&nbsp;reiterated that&#8230;<\/p>\n","protected":false},"author":1,"featured_media":6261,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[524],"tags":[],"class_list":["post-6260","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-nation"],"featured_image_urls":{"full":["https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2020\/10\/b4b553102e4d148d372dc64538f63b7e5f7e7bc9d9a5c.jpg",1073,586,false],"thumbnail":["https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2020\/10\/b4b553102e4d148d372dc64538f63b7e5f7e7bc9d9a5c-150x150.jpg",150,150,true],"medium":["https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2020\/10\/b4b553102e4d148d372dc64538f63b7e5f7e7bc9d9a5c-300x164.jpg",300,164,true],"medium_large":["https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2020\/10\/b4b553102e4d148d372dc64538f63b7e5f7e7bc9d9a5c-768x419.jpg",640,349,true],"large":["https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2020\/10\/b4b553102e4d148d372dc64538f63b7e5f7e7bc9d9a5c-1024x559.jpg",640,349,true],"1536x1536":["https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2020\/10\/b4b553102e4d148d372dc64538f63b7e5f7e7bc9d9a5c.jpg",1073,586,false],"2048x2048":["https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2020\/10\/b4b553102e4d148d372dc64538f63b7e5f7e7bc9d9a5c.jpg",1073,586,false],"newsium-slider-full":["https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2020\/10\/b4b553102e4d148d372dc64538f63b7e5f7e7bc9d9a5c.jpg",1073,586,false],"newsium-featured":["https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2020\/10\/b4b553102e4d148d372dc64538f63b7e5f7e7bc9d9a5c.jpg",1024,559,false],"newsium-medium":["https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2020\/10\/b4b553102e4d148d372dc64538f63b7e5f7e7bc9d9a5c.jpg",720,393,false]},"author_info":{"info":["Editor"]},"category_info":"<a href=\"https:\/\/newmalaysiatimes.com\/?cat=524\" rel=\"category\">Nation<\/a>","tag_info":"Nation","comment_count":"0","_links":{"self":[{"href":"https:\/\/newmalaysiatimes.com\/index.php?rest_route=\/wp\/v2\/posts\/6260","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newmalaysiatimes.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newmalaysiatimes.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newmalaysiatimes.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newmalaysiatimes.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=6260"}],"version-history":[{"count":1,"href":"https:\/\/newmalaysiatimes.com\/index.php?rest_route=\/wp\/v2\/posts\/6260\/revisions"}],"predecessor-version":[{"id":6262,"href":"https:\/\/newmalaysiatimes.com\/index.php?rest_route=\/wp\/v2\/posts\/6260\/revisions\/6262"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newmalaysiatimes.com\/index.php?rest_route=\/wp\/v2\/media\/6261"}],"wp:attachment":[{"href":"https:\/\/newmalaysiatimes.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=6260"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newmalaysiatimes.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=6260"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newmalaysiatimes.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=6260"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}