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Article: Shareholders approve MAS restructuring plan.
- Article from:
- Airline Industry Information
- Article date:
- November 5, 2002
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AIRLINE INDUSTRY INFORMATION-(C)1997-2002 M2 COMMUNICATIONS LTD
Minority shareholders of Malaysian Airlines System (MAS) have reportedly approved the airline's restructuring plan.
The airline - which has suffered five years of losses - announced the USD2.4bn restructuring plan in July 2002. According to Reuters, the plan ...