It’s being reported in the Malaysian news media that struggling carrier Malaysia Airlines is set to be taken over with competitor AirAsia set to make a bid. This is all subject to if the country’s government can come up with a feasible turnaround plan for the airline. Reports suggest that former AirAsia Group chairman Datuk Pahamin Ab Rajab, met with Malaysian Prime Minister Tun Dr Mahathir Mohamad to discuss proposed plans to take over Malaysia Airlines. Pahamin, former non-executive chairman of AirAsia, retired from his position in 2008.

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