Christoph Mueller, the CEO of Irish airline Aer Lingus, is named the new CEO of Malaysia Airlines (MAS) by Malaysian sovereign wealth fund Khazanah Nasional. The German aviation veteran will be appointed as CEO-designate from 1 January 2015 and nominated as non-executive director of the Board of MAS. Discussions are ongoing for Mueller to take full helm of Malaysia Airlines between March and May next year. He will be the first non-Malaysian to head the airline. “It is imperative … [Read more...] about Aer Lingus’ chief picked to head new MAS
Najib Razak
Aer Lingus’ chief picked to head new MAS
Christoph Mueller, the CEO of Irish airline Aer Lingus, is named the new CEO of Malaysia Airlines (MAS) by Malaysian sovereign wealth fund Khazanah Nasional. The German aviation veteran will be appointed as CEO-designate from 1 January 2015 and nominated as non-executive director of the Board of MAS. Discussions are ongoing for Mueller to take full helm of Malaysia Airlines between March and May next year. He will be the first non-Malaysian to head the airline. “It is imperative … [Read more...] about Aer Lingus’ chief picked to head new MAS
Malaysia Airlines to delist for “complete overhaul”
Malaysia's state investment company said Friday it plans to make Malaysia Airlines fully government owned by delisting it from the country's stock exchange in order to undertake a major overhaul of the beleaguered carrier. Currently estimated to be bleeding $2 million a day after two major disasters – the disappearance of MH370 and the shoot down of MH17 – this year added to its longstanding financial problems. Malaysia Airlines hasn’t been profitable for the past three … [Read more...] about Malaysia Airlines to delist for “complete overhaul”
Malaysia Airlines to delist for “complete overhaul”
Malaysia's state investment company said Friday it plans to make Malaysia Airlines fully government owned by delisting it from the country's stock exchange in order to undertake a major overhaul of the beleaguered carrier. Currently estimated to be bleeding $2 million a day after two major disasters – the disappearance of MH370 and the shoot down of MH17 – this year added to its longstanding financial problems. Malaysia Airlines hasn’t been profitable for the past three … [Read more...] about Malaysia Airlines to delist for “complete overhaul”
