Malaysia Airlines is technically bankrupt, its chief executive has said, as he announced a restructuring program and plans to cut about 6,000 jobs. The announcement follows the twin air disasters which forced its nationalization last year.
Amid mounting criticism of Russia over the MH17 plane tragedy and conflict with Ukraine, FIFA rejects calls for the country to be stripped of 2018 World Cup hosting rights and says a boycott is no solution to the crisis.
”The World travel and tourism industry must come together and take leadership after the Malaysia Airlines (MH17) incident.” This is the opinion voiced by Juergen Thomas Steinmetz, Chairman of the International Coalition of Tourism Partners (ICTP).