Malaysia Aviation Group (MAG) is a global aviation organisation with subsidiaries and equity investments organised into four distinct business segments: Air Transportation Services, Ground Services, Aircraft Leasing and Talent Development. This group structure was created to drive better transparency and focused management across the respective operating subsidiaries, creating profit centre subsidiaries of the company’s separate businesses. This ensures profit and loss accountability and unlocks the value of the various assets by driving new levels of operational efficiency.
Apart from ensuring better transparency and governance, the business segments will have flexibility to explore collaborative opportunities for raising capital, making the subsidiaries more competitive and responsive, thus strengthening our position in the market.
The largest contributing segment of the Group is our Air Transportation Services which houses Malaysia Airlines Berhad, Firefly and MASwings, network carriers serving the global and domestic markets and all passenger segments. Also under the umbrella is the division MAB Kargo providing standard, express and special cargo. The Group also includes ground handling services, engineering, training facilities as well as a dedicated aircraft leasing company to provide customised and competitive aviation leasing solutions.
Malaysia Aviation Group Corporate Structure as of 19 May 2016