Malaysia Air Cuts 1/3 of Staff...Still Great Deals if your Brave Enough..

Malaysia Airlines, which last year had one of its planes disappear off the face of the earth and another shot down over Ukraine, is about to undergo an overhaul — one that means layoffs for as many as one-third of its 20,000 employees.
In an interview with Reuters, the company's new CEO, Christoph Mueller, said he plans to run the restructured airline like a "startup." The news service reports:

" 'I'm hired to run the new company entirely on commercial terms and there's very little margin for error,' Mueller told Reuters at the downtown Kuala Lumpur office of Malaysian state investor Khazanah, which took MAS private late last year as part of a 6 billion ringgit ($1.66 billion) restructuring.
" 'It's not a continuation of the old company in a new disguise, everything is new,' said Mueller, who helped turn around carriers such as Aer Lingus, Belgium's Sabena, and Germany's Lufthansa."

The airline has been losing money for several years, and its brand was irreparably damaged by the loss of Flight MH370, which disappeared in March 2014 carrying 239 passengers and crew en route from Kuala Lumpur to Beijing.
Then, in July, Flight MH17 was shot down in eastern Ukraine, killing all 298 people on board.
https://bookings.malaysiaairlines.com/

NOTE: JULY SIN - KUL RT AS LOW AS $101.00 RT POSITIVE...:cool: