Malaysia Airlines CEO says carrier "technically bankrupt", set to cut jobs, routes
The newly appointed chief executive of loss-making Malaysia Airlines said on Monday the carrier is "technically bankrupt", underlining the case for a restructuring to cut a third of jobs, scrap some international routes and review its long-haul fleet.
Jun 02, 2015, 07:01 AM IST
Rolls-Royce wins $9.2 billion engine order from Emirates for A380s
Rolls-Royce said the order was the largest in its history, pushing its shares up 2.1 percent to 1001 pence in early trading, making it one of the biggest gainers on the FTSE 100 index.
Apr 17, 2015, 15:38 PM IST
