Paying the price: Malaysia Airlines employees stand behind a closed-counter at the departure terminal of the Kuala Lumpur International Airport in Sepang on June 1, 2015. Malaysia Airlines is “technically bankrupt”, its new German CEO said, as he outlined plans to stabilise the failing flag carrier including 6,000 job cuts. (AFP/Manan Vatsyayana)Malaysia Airlines is “technically bankrupt”, its new German CEO said Monday as the carrier slashed 6,000 jobs as part of plans to recover from deadly disasters and a long run of red ink.Christoph Mueller made public his plans for the troubled flag carrier for the first time since the …read more
Source: The Jakarta Post
