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Episode details

World Service,08 Aug 2014,28 mins

Troubled Malaysia Airlines is nationalised

World Business Report

Available for over a year

Malaysian Airlines is being taken under state control as the Government in Kuala Lumpur tries to save the troubled carrier from collapse. The airline has suffered a huge drop in revenues after the tragic loss of two aircraft this year. We hear analysis of the challenge of saving the airline from Sean Maffett, aviation analyst and a former navigator with Britian's Royal Air Force. Kenya is considering levying a windfall tax on mining and energy companies, but could the plan deter foreign investors. Taipan Resources is listed on the Toronto stock exchange in Canada and it is one of a few energy companies exploring for oil in the north east of Kenya. We hear from the company's chief executive, Max Birley.

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