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Malaysia Airlines will overcome crisis, finance minister says

Wealth fund owner expected to put national flag carrier in a 'strong position'

A Malaysia Airlines plane at Kuala Lumpur International Airport in 2018. The carrier is in talks over debt restructuring. (Photo by Akira Kodaka)

KUALA LUMPUR -- Malaysia's finance minister has sent a strong signal that Malaysia Airlines will benefit from state financial support to ensure its survival, as talks continue over a possible debt restructuring to salvage the national flag carrier.

Tengku Zafrul Abdul Aziz told Nikkei Asia that MAS' sole shareholder Khazanah Nasional -- a state wealth fund wholly-owned by the government -- has been told to put the airline in a "position of strength" to support the domestic economy after the COVID-19 pandemic.

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