Malaysian aviation downgrade crimps US-SE Asia capacity growth prospects
US authorities have put the brakes on any expansion of airfreight capacity to and from ...
GXO: WORST PERFORMER WMT: NEW STUNNING RECORD KNIN: BOUNCING OFF MAERSK: STILL BEARISHKNX: YIELD BOOSTWTC: TURKISH CARGO WINGXO: HAMMEREDWMT: DEFENSIVEAAPL: AI DRIVEGXO: PRESSURE BUILDSAAPL: SUPPLY CHAIN FOCUSMAERSK: PE PORT PURCHASEDHL: GREEN PHARMA FLIGHTS
GXO: WORST PERFORMER WMT: NEW STUNNING RECORD KNIN: BOUNCING OFF MAERSK: STILL BEARISHKNX: YIELD BOOSTWTC: TURKISH CARGO WINGXO: HAMMEREDWMT: DEFENSIVEAAPL: AI DRIVEGXO: PRESSURE BUILDSAAPL: SUPPLY CHAIN FOCUSMAERSK: PE PORT PURCHASEDHL: GREEN PHARMA FLIGHTS
In three months, tragic Malaysia Airlines will no longer exist – in its place, a new Malaysian airline, NewCo, will launch. With some assets, operations and employees from the former carrier, it will start under the leadership of Christophe Mueller, former CEO of Aer Lingus, who starts on May 1. The airline has been busy assessing staff . On June 1, job offers for the new company will go out – or termination letters. The turnaround plan is, apparently, “very ambitious”.
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