After the MH17 crash there is almost no chance Malaysia Airlines can survive, at least in its current form. Even before disaster struck in March with the mysterious disappearance of MH370, the airline's parent company Malaysian Airline System (MAS) was in a perilous financial position, perhaps the worst in the region, burning cash at an unsustainable rate.
Murder In The Sky: Malaysia Airlines Flight MH17
ABC Online: MH17 crash seals fate of Malaysia Airlines; sale or privatisation the only options
Only two options remain for the stricken airline, and both involve a purchase; either a privatisation by the Malaysian Government or a 'sale' to a rival - although it is unlikely any potential purchaser would pay anything for the carrier, experts edmit.
