Ahmad Maghfur Usman, Regional Transport Research Analyst at RHB Research, discusses his expectations for the restructuring plans that the carrier is set to announce late Friday.» Read More
KUALA LUMPUR, Aug 28- Malaysia Airlines has warned of poor second-half earnings as passenger bookings continue to fall in response to the loss of two aircraft in separate disasters this year.
KUALA LUMPUR, Aug 28- Malaysia Airlines on Thursday reported another financial loss and warned of poor second-half earnings, as passenger bookings tumbled in response to the loss of two aircraft in separate disasters this year.
Khazanah Nasional, the state investment company that owns 69 percent of Malaysia Airlines, said in early August it will announce details of the overhaul by the end of this month. A substantial revamp has long been on the cards for Malaysia Airlines, which was struggling with chronic financial problems even before it was hit by the double disasters this year.
KUALA LUMPUR, Aug 28- As bodies from downed Flight MH17 were brought home last week, a group of Malaysia Airlines flight attendants, in black mourning headscarves contrasting with their pink and turquoise uniforms, sobbed and clung to each other in grief.
KUALA LUMPUR, Aug 27- As bodies from downed Flight MH17 were brought home last week, a group of Malaysia Airlines flight attendants, in black mourning headscarves contrasting with their pink and turquoise uniforms, sobbed and clung to each other in grief.
Families of passengers who were on the Malaysia Airlines plane shot down over Ukraine are starting to sort through the long process of gaining compensation for their loss.
Philip McNicholas, ASEAN Economist at BNP Paribas, says the robust second quarter growth in Malaysia's manufacturing and mining sectors may not be sustainable.
Staff with the World Health Organization battling an Ebola outbreak in West Africa see evidence the numbers of reported cases and deaths vastly underestimates the scale of the outbreak.
*Guinea declares health emergency over virus. CONAKRY, Aug 14- Staff with the World Health Organization battling an Ebola outbreak in West Africa see evidence the numbers of reported cases and deaths vastly underestimates the scale of the outbreak, the U.N. agency said on its website on Thursday.
*US orders embassy family members to leave Sierra Leone. An estimated 377 people have died in Guinea since the world's worst outbreak of Ebola began in March in remote parts of a border region near Sierra Leone and Liberia.
CONAKRY, Aug 14- Guinea has declared a public health emergency over an Ebola epidemic that has killed more than 1,000 people in three West African states and is sending health workers to all affected border points, a government official said.
SHANGHAI/ SINGAPORE, Aug 8- Fast forward a year, and Malaysia Airlines may have a new CEO, new logo, new livery, maybe even a new name, and fewer employees, airline insiders and brand experts said as the government signalled a "complete overhaul" of the loss-making carrier that has suffered two recent jetliner disasters.
Ahmad Usman, Analyst, Regional Transport Research at RHB Research, says Malaysia Airlines will need to consider capacity reduction and layoffs moving forward.
Mohshin Aziz, Aviation Analyst at Maybank Investment Bank, says privatization will be Malaysia Airlines' first step in the right direction.
SYDNEY, Aug 6- Dutch oil industry services firm Fugro is to lead Australia's search of the Indian Ocean seafloor where missing Malaysia Airlines flight MH370 is believed to lie, hoping to solve the mystery of its disappearance five months ago.
MOSCOW/ KIEV, July 30- Russia fought back on Wednesday over new U.S. and EU sanctions imposed over Ukraine, where fighting between Moscow- backed rebels and government troops has intensified since a Malaysian airliner was shot down.
Willis Sparks, Eurasia Group, provides insight on the range of economic tools at Russia's disposal.
It's becoming increasingly more difficult for investigators to reach the crash site of the downed Malaysian airliner, reports NBC's Keir Simmons.
*Russia dismisses US charges it will supply more missiles. DONETSK, Ukraine, July 27- A Ukrainian push to dislodge pro-Russian rebels from the site of the downed Malaysian airliner further complicated plans for an investigation on Sunday as Europe and the United States prepared economic sanctions on Russia over the conflict.
Russia reacted angrily on Saturday to additional sanctions imposed by the European Union over Moscow's role in the Ukraine crisis.