Can AirAsia and Malaysia Airlines stay aloft amid the coronavirus pandemic? Only with major restructuring, experts say squib

With airlines in Malaysia expected to take three years to recover from the Covid-19 pandemic, observers say a major restructuring has to be on the cards for key airlines including embattled national carrier Malaysia Airlines and AirAsia, the market leader by fleet size.Transport Minister Wee Ka Siong this month said the Malaysian Aviation Commission’s revised projections for passenger traffic in 2020 came in at 26.6 million, plummeting more than 75 per cent from the 109.2 million passengers…
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