A government-backed reorganization plan will inject RM6 billion ($1.9 billion) into Malaysia Airlines in an effort to restore the troubled carrier to profitability by the end of 2017, with almost a third of its workforce to be laid off and its network redesigned. The Khazanah state fund, majority owner of MAS, announced a 12-point plan for the airline a day after it reported a steep quarterly loss. The carrier was already in poor financial condition before the loss of flights MH370 and MH17, ...
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