The logo of Malaysian Airlines Bhd. (MAS) stands on the tail-fin of a passenger aircraft as it stands on the tarmac at Kuala Lumpur International Airport (KLIA) in Sepang, Selangor, Malaysia, on Tuesday, March 12, 2019. Prime Minister Mahathir Mohamad said he's studying options for flag carrier Malaysia Airlines including whether to invest more funds, sell it off or even shut the company down. Photographer: Samsul Said/Bloomberg
TOKYO: Japan Airlines Co. said it’s not planning to take a stake in Malaysia Airlines Bhd., pushing back against a report that it put in a bid for a strategic holding in the carrier.
The Japanese company is waiting for approval to begin a tie-up with Malaysia Airlines rather than taking a stake in the carrier, a Japan Airlines spokesman said.
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