Malaysia Airlines being taken over by government

MALAYIA (NEWSCHANNEL 3) - Malaysia's state investment company says it plans to make Malaysia Airlines fully government owned, removing it from the country's stock exchange before a major overhaul of the carrier.

Malaysia Airlines is still hurting from double disasters.

In March, Flight 370 from Kuala Lumpur to Beijing disappeared with 239 people on board.

Last month, 298 people were killed when Flight 17 was shot down over Ukraine.