MAS Restructuring Programme Nears Completion – Services Continue as Normal

Published on : Tuesday, May 26, 2015

Malaysia AirlinesChristoph Mueller, Chief Executive Officer of Malaysian Airline System Berhad (MAS) and CEO-designate of the new airline, Malaysia Airlines Berhad (MAB), assures customers that MAS operations continue as normal with the appointment of the Administrator.

 

Mueller states, “I assure you our operations are very much business as usual. All MAS flights, schedules, and reservations continue to operate as normal. We remain committed to serving you with our world-class Malaysian Hospitality, and look forward to welcoming you on board Malaysia Airlines.”

 

“This appointment does not affect our daily operations or existing reservations. You can continue to make reservations in full confidence that our flights and schedules are operating as normal, that tickets sold will be honoured, and that our Enrich frequent flyer programme continues with Miles and status preserved”, Mueller added.

 

Today, Khazanah Nasional Berhad (Khazanah) announced the voluntary appointment of an Administrator for MAS. This appointment reflects the continuing and considerable effort to 1 September 2015, when MAB becomes operational with a new business model and a new management team, led by Mueller.

 

The appointment by Khazanah, Malaysia’s sovereign fund and the sole shareholder of MAS, is backed by the Malaysian Airline System Berhad (Administration) Act 2015 (MAS Act) enacted by the Government of Malaysia. Under the MAS Act, the Administrator plays a critical role to facilitating the transfer of selected assets and liabilities to MAB, which will replace MAS as Malaysia’s new national carrier.

 

Source:- Malaysia Airlines

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