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Malaysia

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  • *Malaysia Airlines to cut staff by 30 pct to 14,000. KUALA LUMPUR, Aug 29- Malaysia Airlines, the country's loss-making flag carrier, will cut 30 percent of its workforce as part of a sweeping restructuring that will cost 6 billion ringgit, majority investor Khazanah Nasional said.

  • KUALA LUMPUR, Aug 29- Malaysia Airlines will cut 30 percent of its workforce as part of a restructuring that will cost 6 billion ringgit, majority investor Khazanah Nasional said on Friday.

  • Malaysia Airlines to cut 6,000 staff in overhaul Friday, 29 Aug 2014 | 3:16 AM ET

    KUALA LUMPUR, Malaysia— Malaysia Airlines will cut 6,000 workers as part of a $1.9 billion overhaul announced Friday to revive its damaged brand after being hit by double passenger jet disasters.

  • KUALA LUMPUR, Malaysia— Malaysia Airlines to cut 6,000 staff as part of recovery plan after disasters.

  • 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.

  • UPDATE 1-Malaysia Airlines posts Q2 net loss of $98 mln Thursday, 28 Aug 2014 | 7:48 AM ET

    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.

  • Malaysia Airlines set for shakeup after disasters Wednesday, 27 Aug 2014 | 5:01 AM ET

    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.

  • Even if attacked, airline could be liable in crash Tuesday, 26 Aug 2014 | 5:26 AM ET

    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.

  • Tony Fernandes, CEO of AirAsia, explains why he's still upbeat about the airline's business in Thailand despite making a loss for the first time in the second quarter.

  • Here's the downside to Malaysia Q2 GDP     Friday, 15 Aug 2014 | 12:32 AM ET

    Philip McNicholas, ASEAN Economist at BNP Paribas, says the robust second quarter growth in Malaysia's manufacturing and mining sectors may not be sustainable.

  • Ebola toll much higher than first thought: WHO Thursday, 14 Aug 2014 | 8:13 PM ET

    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.

  • Guinea declares public health emergency over Ebola Thursday, 14 Aug 2014 | 10:35 AM ET

    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.