Malaysian Airlines (MAS) has confirmed the restructuring information that we all knew to be the case following weeks of press leaks – 6,000 staff are to be cut and Khazanah Nasional, the state investment company that owns a 69% stake in the airline, will take 100% ownership  marking the start of a US$1.9bn restructuring. However the figures for Malaysian Airline System showed that the quarter ending June 30 was not as bad as we first thought with losses at 307m ringgit ($97.4m), from 176m ringgit for the same period last year. But MAS posted an FX gain of 52m ringgit

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