Malaysia Airlines has announced a technical bankruptcy – BBC Russian

• June 1, 2015

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Malaysia Airlines suffered losses before the loss of two aircraft – because of the increased competition in the region

Malaysia Airlines is technically bankrupt, the head of the airline, announcing the restructuring program, during which is expected to be laid off 6,000 people.

In 2014, the carrier lost two aircraft. In March, he disappeared Malaysian airliner MH370, taking off from Kuala Lumpur to Beijing, which was carrying 239 people. In July, in eastern Ukraine was hit by the plane MH17, en route from Amsterdam to Kuala Lumpur, killing all on its 298 passengers and crew members.

Christophe Muller, who finished in May as head of Malaysia Airlines, said: “Technically, we are bankrupt. Our financial performance started to decline well before the tragic events of 2014″.

The loss of two airliners further exacerbated the company’s problems, who have suffered losses due to increased competition in the region.

” Terminator “

Christoph Mueller was hired by the owner of Malaysia Airlines – Malaysia’s state investment company Khazannah – for restructuring of the company.

Earlier, the same purpose, he was invited to the Irish Aer Lingus, Sabena Belgian and German Lufthansa. In the ruthless policy of mass dismissal of employees called him “terminator”.

Earlier, the Malaysian company said that of the 20 thousand employees will lose their jobs about six thousand people.

It is expected that on September 1 Malaysia Airlines has announced the rebranding. It is unknown whether the company will change its name and logo.

According to Mueller, the air carrier may reduce the number of flights on certain routes or replace large airliners on smaller planes.

The statement said Malaysia Airlines that in 2015 the company will try to “heal the wounds”, next year will strive to stabilize the situation, and in 2017 will try to re-start growth.