A statement on the Malaysia Airlines website emphasises that it is not planning to close down on 28 May 2014, as rumoured. Articles reporting on the matter were written based on quotes from unofficial sources, the statement noted.
Malaysia Airlines’ CEO, Ahmad Jauhari Yahya said, “Despite the rumour, we maintain our commitment to remain competitive, with greater marketing push. For example, the current Malaysia Airlines Travel Fair (MATF) allows travelers to purchase our tickets at 50% off for immediate travel until 31 December 2014. We are running business as usual, and passengers should not worry.”
The airline has reported losses last year as well. The company reported a loss of RM443 million for the most recent quarter ending 31 March 2014, against a RM279 million loss for the same period a year ago.
The Star wrote an editorial opinion about the airline here.