Malaysia Airlines to cut 6,000 staff

Malaysia Airlines will slash 6,000 jobs and reduce its route network as part of recovery plan after being hit by two disasters this year.


flag carrier job cut Khazanah Nasional Malaysia Airlines


Malaysia Airlines has announced that it will slash 6,000 jobs, reduce its route network, and replace its CEO as part of recovery plan after being hit by two disasters this year. 

State investment fund Khazanah Nasional, which controls the failing flag carrier, said it would pump 6 billion ringgit (US$1.9 billion) into the airline, hoping the changes will return the company to profitability by 2018.

The airline released a statement saying its flights would operate as normal during the restructuring.