Malaysia Airlines to end freighter operation?
Faced with reports that it was planning to sell or lease many of its widebody ...
ZIM: TAKING PROFITXPO: CPI BOOSTMAERSK: WINNERCHRW: TOP 'QUANT' PICKGXO: KEY EXEC OUTAAPL: 'MUSK RISK'EXPD: SELL-SIDE BEAR UPS TARGETUPS: SLIDINGZIM: SURGING ON TAKEOVER TALKEXPD: CASHING INCHRW: INSIDER SALEFWRD: TRADING UPDATE
ZIM: TAKING PROFITXPO: CPI BOOSTMAERSK: WINNERCHRW: TOP 'QUANT' PICKGXO: KEY EXEC OUTAAPL: 'MUSK RISK'EXPD: SELL-SIDE BEAR UPS TARGETUPS: SLIDINGZIM: SURGING ON TAKEOVER TALKEXPD: CASHING INCHRW: INSIDER SALEFWRD: TRADING UPDATE
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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