Malaysia Aviation Group created

The Malaysia Aviation Group (MAG) has been created to better manage Malaysian Airlines. MAG is a global aviation group with subsidiaries and equity investments organised into four distinct business segments: Air Transportation Services, Ground Services, Aircraft Leasing and Talent Development. It is hoped that the new group structure will drive better transparency and focused management across the respective operating subsidiaries, creating profit centre subsidiaries of the company’s separate businesses.  This will ultimately ensure P&L accountability and unlock the value of the various assets by driving new levels of operational efficiency. The more process oriented Group will also have beneficial effects