Carian mengenai topik restructuring-plan

AirAsia X Bhd shareholders have approved the Malaysian budget airline's debt restructuring.

Supportive lessors said they wanted to continue discussions with the budget airline and potential new investors.

The group is negotiating discounts with lessors via a restructuring plan it is seeking to implement through a UK court process.

Malaysias first syariah-compliant airline, Rayani Air has suspended operations with immediate effect since yesterday as part of its restructuring plan.

UMNO Kedah Youth chief Datuk Shaiful Hazizy Zainol Abidin had urged politicians not to politicise the restructuring efforts of Malaysian Airlines (MAS).

National Union of Flight Attendants Malaysia (Nufam) said it is being targeted by Malaysian Airlines (MAS) in its mass retrenchment exercise because it was vocal in criticising the airline.

It would take at least three years to overhaul troubled national carrier Malaysia Airlines (MAS)said its new CEO Christoph Mueller.

German engineering giant Siemens said on Thursday that it would slash an additional 4,500 jobs worldwide, on top of 7,800 cuts announced in February as part of an ongoing restructuring plan.

Even GE Capital Aviation Services, the world's largest aircraft and engine lessor and lender which owns over 1,600 aircraft, only employs about 500 staff.

Khazanah should be given the flexibility to select the candidate who can make its restructuring plan work for them, including the management.

Malaysia Airlines restructuring plan, which includes axing six thousand jobs - around a third of the workforce has - caused worries among staffers, particularly cabin crew.

PAC says the 12-point plan mapped by Khazanah Nasional for MAS will not be complete if it does not involve operations and business.

The restructuring plan aims to return the national carrier to profitability within three years, says Khazanah MD Azman Mokhtar.

The restructuring plan for ailing national carrier Malaysia Airlines Systems will see a downsizing of its current 20,000 employees to approximately 14,000, a 30 percent reduction.

The MAS Employees Union should be involved in the restructuring plan, but any negotiation should be held away from the media glare.

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