In our wishes we announced that 2020 would be a year of bankruptcy and consolidation. Alitalia was the first to come to mind, but it is Malaysia that is back in the news.
We knew that the airline of the OneWorld alliance was in great difficulty, so much so that the government was even considering leaving it to its sad fate and seeing it disappear. In the meantime, some buyers had shown up, but the dossier has suddenly moved forward with the appearance of a new player: Air France-KLM, according to the local media.
Air France KLM would offer to take over 49% of the airline while Japan Airlines would only take over 25%. AirAsia Group and Malindo Air are also in the running.
At this stage we don’t know much more, but it is said that Japan Airlines, which has a joint venture with Malaysia Airlines, would like to open a hub in the region, whereas Air France KLM would be more interested in opening a maintenance center in Malaysia.
As announced recently, Air France-KLM has positioned itself as a player in the market consolidation.
Is this more interesting than flying to the rescue of Alitalia?
What impact on the balance of alliances in the region?
We’ll talk about it again when things are clearer.
What about you? Do you think it would be a good choice for the French-Dutch airline?
[MAJ]
The information has been denied by Air France, which says it is not part of the process “at this stage” but still considers itself a pragmatic participant in the consolidation of the sector.
Photo : Boeing 777 Malaysia Airlines by Rebius via Shutterstock