Malaysia Airlines (MH, Kuala Lumpur International) would consider divesting some of its share capital to a third-party carrier ahead of a planned 2019 relisting on the Bursa Malaysia.

Airline Chief Executive Officer (CEO) Peter Bellew told the New Straits Times in an interview last week that no talks with any prospective partners were currently in the offing.

“In the next two years, if we get an investment from another carrier, that may significantly boost the overall value of the airline," he said. “However, we are not open to approaches by other carriers at the moment.”

Bellew also noted that the Malaysian carrier may also be more inclined to deal with low-cost carriers for a more detailed partnership concerning overseas markets.

Malaysia Airlines was taken private in 2014 by the country's sovereign wealth fund, Khazanah Nasional Berhad, following protracted losses brought on by the MH17 and MH370 tragedies. In the years since then, Malaysia Airlines has undergone restructuring and cost-cutting as per the MAS Recovery Plan.