Cost savings exercise puts new MAS on firm footing
KUALA LUMPUR: An initial cost savings of at least RM180 million from catering contracts plus a few hundred million more from lesser payroll expenses due to a leaner work force for the next three years will put the new Malaysia Airlines (MAS) on a firm footing as it climbs its way to profitability...
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| Format: | Newspaper |
| Language: | English |
| Published: |
New Sabah Times
2015
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| Online Access: | http://repo.uum.edu.my/15023/1/MY_1959_20150731_N_NSTE_BIZ_pg2_536c2.pdf http://repo.uum.edu.my/15023/ http://www.newsabahtimes.com.my |
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| Institution: | Universiti Utara Malaysia |
| Language: | English |
| Summary: | KUALA LUMPUR: An initial cost savings of at least RM180 million from catering contracts plus a few hundred million more from lesser payroll expenses due to a leaner work force for the next three years will put the new Malaysia Airlines (MAS) on a firm footing as it climbs its way to profitability in 2018 as targeted, an academician said on Thursday. |
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