Malaysia Airlines 'recovery plan' to cut routes and jobs

After tragedies of MH370 and MH17, Malaysia Airline is set to announce a radical restructure

A Malaysian Airlines plane prepares for take-off at Kuala Lumpur International Airport
(Image credit: SAEED KHAN/AFP/Getty Images)

Malaysia Airlines will cut a fifth of its staff, including its chief executive, under a radical restructure to be announced today. The troubled carrier will also axe some long-haul routes.

The plan, which has been approved by the country's government, aims to achieve "sustained commercial viability" in four to five years, a source told the Financial Times.

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