Malaysia Airlines to Make cooperation with Etihad Airways

Ailing airline, Malaysia Airlines, reportedly is doing exploratory cooperation with Etihad Airways airline. In fact, based on speculation, Etihad Airways intends to invest by buying shares of Malaysia Airlines.
Nonetheless, Chief Executive Officer of Etihad Airways James Hogan denied the speculation and said that his company was focused on completing a deal to buy a 49 percent stake in the airline Alitalia is also being dropped.
For the early stages of cooperation, the two companies will further expand the codeshare partnership in the field of aviation. However, CAPA as an aviation consultant based in Sydney also opens the possibility of Etihad Airways will be investing in the shares of Malaysia Airlines.