Malaysia Airlines lays off 6,000 employees

New CEO’s stabilisation plans for technically bankrupt carrier include activity cuts and fewer flights on some routes.Malaysia Airlines is technically bankrupt but could ruin even by means of 2018 after cutting body of workers, selling surplus aircraft and flying much less on some routes, in keeping with its new German CEO. Christoph Mueller stated on Monday as he outlined plans to stabilise the failing flag carrier which includes 6,000 process cuts. KEEP READINGAlibaba stocks sink close to report low as JD.Com risesJapanese, Indian officers operating on launch of oil reservesAfter crackdown, Hong Kong’s low paid face hurdles to establishingOPEC+ warns of response as Biden readies to faucet strategic reserveWe are technically bankrupt and that decline of performance began length Read More