Posts Tagged ‘Airlines’
Malaysia Airlines May Cut 25 Percent Of Jobs
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. The restructuring plan, due to be unveil...
Malaysia Airlines Shares Rise On Takeover Offer
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 ta...
Emirates Airlines Agrees Loan For 50th Airbus A380
Emirates has agreed a USD$425 million loan from a group of banks to fund the acquisition of two Airbus A380s, one of the lenders said. Abu Dhabi Islamic Bank (ADIB), Commercial Bank of Dubai and Dubai Islamic Bank were j...
Malaysia Airlines Shares Suspended
Malaysia Airlines said on Friday it has halted trading in its shares pending an announcement. The carrier did not elaborate but there are reports that state investor Khazanah, which owns 69 percent of MAS, plans to take it priv...
Rebels Likely Downed Malaysian Boeing 777 MH17 ‘By Mistake’
The US government believes that pro-Russian separatists most likely shot down Malaysia Airlines Boeing 777 flight 17 “by mistake,” not understanding it was a civilian passenger flight, US intelligence officia...
Malaysian Airliner Boeing 777-200 Shot Down Over Ukraine, 295 Dead
A Malaysian airliner Boeing 777-200 was shot down over eastern Ukraine by pro-Russian militants, killing all 295 people aboard, a Ukrainian interior ministry official said. Raising the stakes in the East-West showdown be...
