Well, the local rags in their business articles mentioned that Malaysian Airlines are ahead of the curve now & are sitting pretty with a huge cash pile (reportedly, a sum of 1.2 Billion USD
) A fact which is confirmed by an article on MAS in Australian Aviation Magazine (Dec 2008).
This cash positive position is what making MAS a favourite target by struggling western airlines for mergers, which ironically has spurned MAS time & time again when they were approached earlier
Rightfully, the pollie's & business community in Malaysia are wary of any offers now
However, the goss now is that one of the avenues that QF & MH are looking at is to expand their LCC offshoot (Jet* & Firefly).At the end of the day, the lower cost of doing business in Malaysia will definitely make things much more interesting for both airlines in any colloboration
