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MALAYSIA PRESS-Malaysia's Jentayu Danaraksa wants to set up new airline-The Edge Financial Daily

Reuters

Malaysian private aviation consultancy firm Jentayu Danaraksa Sdn Bhd, among the many companies that want to participate in reviving the ailing Malaysia Airline System Bhd, wants to set up a new premium economy airline, the Edge Financial Daily reported, citing its director.

Jentayu Director Shukor Yusof said the company plans to set up a new airline, called Fly JD, and to buy out loss-making Penerbangan Malaysia Bhd, which currently leases aircraft to MAS. (http://www.theedgemarkets.com/en/article/jentayu-danaraksa-set-new-airline)

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NOTE: Reuters has not verified these stories and does not vouch for their accuracy.

(Editing by Prateek Chatterjee)