: :inin Kyiv (EET)

Malaysia Air CEO says carrier could break even by 2018


The new CEO of Malaysia Airlines said the ailing carrier could break even by 2018 after cutting staff, selling surplus aircraft and refurbishing its international fleet.Christoph Mueller said Monday that the airline is trying to sell two of its A380 super jumbo jets and has gone ahead with its previously announced plan to cut 6,000 of its 20,000 staff.The remaining 14,000 employees have been offered jobs in a new company that is being set up to take over the legacy Malaysia Airlines business.The former chief executive of Ireland’s Aer Lingus told a press conference that Malaysia Airlines is “technically bankrupt” …read more

Source: The Jakarta Post

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