Malaysia Airlines CEO says carrier "technically bankrupt", set to cut jobs, routes
The newly appointed chief executive of loss-making Malaysia Airlines said on Monday the carrier is "technically bankrupt", underlining the case for a restructuring to cut a third of jobs, scrap some international routes and review its long-haul fleet.
Jun 02, 2015, 07:01 AM ISTMalaysia Airlines 'technically bankrupt', says new CEO
Malaysia Airlines is "technically bankrupt", its new German CEO said on Monday as he outlined plans to stabilise the failing flag carrier including 6,000 job cuts.
Jun 01, 2015, 13:58 PM ISTAer Lingus CEO picked to helm troubled Malaysia Airlines
Troubled Malaysia Airlines has picked the head of Irish flag carrier Aer Lingus, Christoph Mueller, as its future CEO as the airline struggles to recover from its two devastating disasters this year, it was announced Friday.
Dec 05, 2014, 17:46 PM IST