Khazanah had expected to inject RM1.3 billion for this year, an investment required to keep the airline going and cover operational costs. Year-to-date, Khazanah had injected about RM800 million into MAB through its holding company Malaysia Aviation Group Bhd.
MAB reported a net loss in the financial year ended December 31, 2018 (FY18) of RM792 million, representing a marginally smaller loss compared to the loss of RM812 million from the prior year. MAB's revenue's in FY18 improved by only 0.8 per cent to RM8.74 billion from RM8.67 billion previously.
There was no explanation for the financial results given in the report filed with CTOS recently. However, MAB group chief executive officer Captain Izham Ismail had in March said the airline’s overall performance for FY18 was affected by intense competition with supply outstripping demand, volatility in fuel and foreign exchange