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29 December 2015

Malaysia Airlines Bhd (MAB) says none of its Boeing 777 pilots are being asked to leave the airlines

MAB: Boeing 777 pilots not being asked to quit


 
PETALING JAYA: Malaysia Airlines Bhd (MAB) says none of its Boeing 777 pilots are being asked to leave the airlines as part of its restructuring exercise.
In a statement on Monday, MAB said the rationalisation exercise would impact their pilots, but there were various options available to them, all of them voluntary.
"Malaysia Airlines' network rationalisation exercise, which saw a reduction in capacity and suspension of flights to selected destinations, will have an impact on pilot requirements.
"The pilots will have a choice of career options which include voluntary secondment to other airlines in Asia or the Middle East, voluntary no-pay, long term leave to pursue other careers, or to remain at Malaysia Airlines and await possible long-term vacancies on other aircraft types."The opportunities for secondment to another airline are entirely voluntary for the individual pilot and no 777 pilot has been requested to leave the airline," the statement read.
As part of the rationalisation carried out by its parent company, Khazanah Nasional Bhd, MAB has since cut 6,000 jobs, slashed salaries and trimmed capacity by 30%.
The national airline was privatised by Khazanah in a RM1.38bil buyout after amassing more than RM4.9bil in losses since the start of 2011.
Khazanah pledged to invest RM6bil in the restructuring plan to make MAB profitable again.

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