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Malaysia Airlines News Stories

Malaysia Airlines To Shed 6,000 Jobs

August 29, 2014

Malaysia Airlines will cut nearly a third of its 20,000 workforce and reduce its global route network as part of a radical MYR6 billion ringgit (USD$1.9 billion) restructuring.
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Malaysia, Australia To Share MH370 Search Costs

August 28, 2014

Malaysia said it will share with Australia the cost of the next stage in the search for missing Malaysia Airlines flight MH370, in the hope of unlocking modern aviation's greatest mystery.
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Malaysia Airlines Posts Q2 Net Loss Of USD$98 Mln

August 28, 2014

Malaysia Airlines has reported another financial loss and warned of poor second-half earnings, as passenger bookings dropped in response to the loss of two aircraft in separate disasters this year.
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Malaysia Airlines May Cut 25 Percent Of Jobs

August 25, 2014

About a quarter of Malaysia Airlines' 20,000 staff are likely to lose their jobs under a restructuring plan for the loss-making airline hit by two separate jet disasters this year.
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Malaysia Mourns as MH17 Bodies Finally Return Home

August 22, 2014

People across Malaysia held a minute's silence and wore black on Friday as the country observed a day of mourning to mark the return of the first 20 bodies among its citizens killed when flight MH17 was downed last month.
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Former CEO Jala Says Not Returning To Malaysia Air

August 21, 2014

A senior Malaysian economic policymaker said he would not rejoin Malaysia Airlines as chief executive, dismissing a report that he was among several candidates to replace the current management.
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AirAsia's Results Improve As MAS Prepares Restructuring

August 21, 2014

AirAsia's quarterly results point to early signs of a recovery in its Malaysian market ahead of a restructuring by Malaysia Airlines that is expected to reduce intense competition in the sector.
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Policymaker Could Be Chosen To Lead Malaysia Airlines

August 20, 2014

Malaysia is considering tapping one of its economic policymakers to lead an overhaul of Malaysia Airlines that aims to transform the troubled carrier into a "premium airline", a newspaper reported on Wednesday.
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Malaysia Air Delays Q2 Earnings Announcement

August 19, 2014

Malaysia Airlines has postponed publication of second-quarter earnings from Wednesday until August 28, a company official said.
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Malaysia Announces Day Of Mourning For MH17 Victims

August 14, 2014

Malaysia has declared a national day of mourning on August 22, when 16 bodies from Malaysia Airlines flight MH17, downed over eastern Ukraine last month, are due to arrive from the Netherlands.
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Malaysia Airlines Shares Rise On Takeover Offer

August 11, 2014

Shares of Malaysia Airlines rose 8.3 percent on Monday after state fund Khazanah said it will offer 27 sen for each share in the company it does not own, amounting to nearly MYR1.4 billion ringgit (USD$435 million) to take the airline private.
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State Fund To Take Over Malaysia Airlines

August 8, 2014

The Malaysian government will carry out a "complete overhaul" of its troubled national airline in an attempt to revive the loss-making company after it was hit by two devastating airliner disasters this year.
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