WHEN Datuk Izham Ismail was promoted to the top post in Malaysia Aviation Group (MAG) in 2017, it was burdened with RM25.7bil in liabilities. Weighed by debt and aircraft leases, the parent company of national flag carrier Malaysia Airlines Bhd, was bleeding cash, to the point of borrowing just to operate and pay salaries.

Source: The Star February 02, 2026 08:03 UTC