PETALING JAYA, Dec. 15 -- Malaysia Aviation Group (MAG) has set a target to rank Malaysia Airlines among Skytrax's Top 10 Global Airlines by 2030 as it unveiled its Long-Term Business Plan 3.0 (LTBP3.0).

The five-year strategy plan is aimed at accelerating growth after completing one of the airline industry's most significant financial turnarounds.

The 2026 to 2030 plan, launched today, signals a shift from stabilisation to disciplined expansion for the group, which emerged from a major restructuring in 2020 that cut more than RM15 billion in liabilities and eliminated RM10 billion in legacy debt.

Group managing director Datuk Captain Izham Ismail said the strong results achieved over the past five years have positioned MAG to pursue b...