The Malaysian government-backed airline, which has suffered the loss of a second airliner in less than six months, is undertaking a major review of its operations.
Work has begun on restructuring the airline to fly profitable international and domestic routes and to increase outsourcing.
Fairfax Media reports sources have indicated the review was likely to lead to additional private investment for the airline, possibly from rival aviation companies.
The review is being led by the Malaysian government, the majority shareholder, and follows the downing of flight MH17 over eastern Ukraine and the unexplained disappearance of flight MH370 in March. MH370 was travelling from Kuala Lumpur to Beijing and lost touch with air traffic control on March 8, an hour after take-off. carrying 239 passengers and crew.
Read more at Brisbane Times.
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