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Malaysia Airlines to go ahead with job cuts.

AIRLINE INDUSTRY INFORMATION-(C)1997-2006 M2 COMMUNICATIONS LTD

Malaysia Airlines is maintaining its plans to cut the number of jobs although the number of workers accepting its severance packages has been lower than the airline hoped for.

Malaysian transport minister Chan Kong Choy said that as part of its plan to get profitable again the airline has made an offer of severance packages to more than 18,000 employees. The airline hoped that 6,500 would accept the offer, The Associated Press reported.

The transport minister however said that only 4,500 had signed up before the deadline on 7 June.

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Publication:Airline Industry Information
Article Type:Brief article
Geographic Code:9MALA
Date:Jun 27, 2006
Words:113
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