This means diligently keeping the five-year MAS turnaround plan 2014 (the 12-point MAS Recovery Plan or MRP 2014) on track. But Izham is facing new challenges, too, notwithstanding the multiple changes of CEOs since last year. The revamp plan had called for the new MAS to return to profitability within three years of delisting, and to relist within three to five years, that is between the end of 2017 and the end of 2019. “MAS needs to revamp but the parameters have changed,” he told editors at a briefing last week. Khazanah Nasional had put in place the turnaround plan after MAS suffered the devastating MH370 and MH17 tragedies in 2014.

Source: New Strait Times December 24, 2017 02:03 UTC