ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Articles

Malaysia Airlines marks milestone on road to relisting

Recovering state carrier posts monthly profit as flights fill up again

HONG KONG -- Malaysia Airlines' recovery is on track as the carrier works toward a target date of March 2019 for an initial public stock offering, chief executive Peter Bellew said Tuesday.

"We made a profit last month," said Bellew, who became chief executive in June, soon after the national flag carrier posted its first monthly profit in several years. "We expect the last quarter this year to be break even or to make a profit across the quarter. Currently I'm projecting to make a profit across next year."

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more