PETALING JAYA: Malaysia Airlines’ (MAS) new chief executive officer (CEO), Christoph Mueller (pic), in his first message to 20,000 employees has warned of massive cost cuts, as the chilling truth is that the airline’s cost has been 20% above that of its competitors.
He also pointed out that this year would be more challenging than anticipated. The strong US dollar has hurt its operations, and as a result, MAS has not fully benefited from the lower jet fuel prices.
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