Malaysia Airlines to Cut Staff, Routes

Malaysia Airlines, the country's money-losing flag carrier, will cut thousands of jobs, trim routes and replace its CEO under plans to return the company to profitability within three years. State investment fund Khazanah Nasional, which has taken control of the carrier, announced Friday it plans to pump $1.9 billion into the failing company and de-list it from the Kuala Lumpur stock exchange by the end of the year. Khazanah said it hopes to re-list Malaysia Airlines in three to five...

© La Voix de l'Amérique - vendredi 29 août 2014