Kuala Lumpur/London: Reeling under the pressure of two catastrophic aviation tragedies, Malaysia Airlines is mulling a name change and restructuring of routes in a bid to repair its reputation, a media report has said.

The Malaysian flag carrier, majority-owned by the government, is likely to change its name as part of a radical overhaul and also seek new investors to rebuild its business after two major tragedies within six months killing 537 people, The Telegraph reported.