MAS to cut 6,000 jobs with rescue plan

2015-08-10 6

Khazanah Nasional announced a RM6 billion plan to rescue ailing Malaysia Airlines aimed at returning it to profit within three years or by 2017. The 12-point plan will involve the formation of a new company to take over the assets and business of the old company and a 30 percent or 6,000 jobs cut.