Airline

MAS to divest Abacus International stake

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MAS to divest Abacus International stake

In a bid to streamline its operations, Malaysia Airlines has confirmed that it is divesting its indirect 8.84% share in Asia-Pacific travel distributor Abacus International.

Malaysia Airlines is one of 11 airlines selling their combined 65% stake in Abacus to Sabre Corp, announced this week.