Very tough times for airlines
KUALA LUMPUR: Malindo Air has launched a retrenchment exercise ranging from termination to a year's unpaid leave for 2,647 employees, the human resources ministry said on Wednesday, as the coronavirus pandemic batters the aviation industry.
Reeling from a slump in demand in the wake of travel curbs, the Malaysian arm of Indonesia's Lion Air had already ordered a 50% pay cut and unpaid leave for staff in March.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
