PETALING JAYA: Malaysia Aviation Group( MAG) has managed to restructure, repair its balance sheet and address decades-long legacy issues last year, resulting in the reduction of the group’s liabilities by over RM15bil and its debt cut by RM10bil. The higher demand for its cargo services has also led the airline group to report positive earnings before interest, taxes, depreciation, and amortisation( ebitda) for the financial year( FY) ended Dec 31, 2021. The ebitda achieved was RM433mil for FY21
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2022-04-22 00:00:00.0