Malaysia Airlines is a major airline operating flights from Kuala Lumpur International Airport and from secondary hubs in Kota Kinabalu and Kuching to destinations throughout Asia, Oceania and Europe. Malaysia Airlines is the flag carrier of Malaysia and a member of the oneworld airline alliance. The companys headquarters are located at Kuala Lumpur International Airport. In August 2014, the Malaysian governments sovereign wealth fund Khazanah Nasional which then owned 69.37% of the airline announced its intention to purchase remaining ownership from minority shareholders and delist the airline from Malaysia's stock exchange, thereby renationalising the airline.
Malaysia Airlines owns two subsidiary airlines: Firefly and MASwings. Firefly operates scheduled flights from its two home bases Penang International Airport and Subang International Airport. The airline focuses on tertiary cities. MASwings focuses on inter-Borneo flights. Malaysia Airlines has a freighter fleet operated by MASkargo, which manages freighter flights and aircraft cargo-hold capacity for all Malaysia Airlines' passenger flights.