BLOOMBERG Asia Edge August 25, 2014
Well, like you said, Malaysia Airlines, job cuts, reviewing its plane orders. It may cut as many as 4000 workers. It currently has 20,000 employees. It is all part of its restructuring plan. Malaysia airlines is also reviewing its unprofitable routes. It is trying desperately to return to profit. What we know from people near the matter is that a major shareholder will discuss some of these proposals tomorrow. ,he restructuring measures offering to take the company private, efforts to revive Malaysia Airlines, especially after the backtoback air disasters. Mh370 and mh17. To be sure, the carri...