Malaysia Airlines (MAS) is going through further rationalisation as it has decided to suspend several unprofitable routes.
Last week, the airline suspended the flights to Frankfurt, Germany. Now, it has cancelled three more routes; Kunming (China), Krabi (Thailand) and Cochin (India).
“Moving forward, the national carrier will be principally commercial while supporting national development objectives, provide broad connectivity via partnerships and offer refreshed premium products,” said MAS’ parent company Khazanah Nasional Bhd in its third quarterly review of MAS’ restructuring obtained by The Star.
Newly founded Malaysia Airlines Berhad (MAS Bhd) which aims to be a full-fledged international carrier, will take over the MAS operations starting from 1 September 2015.
The CEO of the new rebranded airline, Christoph Mueller who is also the company’s first non-Malaysian CEO, has heavily reduced the workforce and adjusted the route network in order to revamp the struggling airline.
On Monday, MAS had issued termination letters to roughly 20,000 employees with new contracts offered to 14,000 of them by MAS Bhd.
(Photo source: malaysiaairlines.com)