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Malaysia Airlines warns of further losses
"We expected the impact of MH370 on the performance in Quarter 2," said chief executive Ahmad Jauhari Yahya. "Given that, our team put in … Over the last nine years, Singapore has enjoyed profits of nearly $ 9bn, compared to Malaysia"s losses of more …
Read more on BBC News
Malaysia Airlines is slashing 6000 staff
The beleaguered airline is slashing 6,000 jobs, around 30% of its workforce of 20,000, as part of a drastic restructuring that will cost around its new state owners around 6bn Malaysian ringit (£1.15bn). Malaysia Airlines appears … It is also axing …
Read more on Management Today
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