Malaysia Airlines to be nationalised after MH370 and MH17 disasters

'Complete overhaul' for Malaysia Airlines after successive catastrophes hit ticket sales

A Malaysian Airlines plane prepares for take-off at Kuala Lumpur International Airport
(Image credit: SAEED KHAN/AFP/Getty Images)

Malaysia Airlines will be taken entirely into state hands after the loss of two aircraft in four months left hundreds of people dead and set the company's share price tumbling.

The rescue plan will result in the airline being nationalised and entirely restructured, with Malaysia's state investment firm announcing that it would carry out a "complete overhaul".

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