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Troubles Compound For Malaysia Airlines

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Troubles Compound For Malaysia Airlines

Business

Troubles Compound For Malaysia Airlines

Troubles Compound For Malaysia Airlines

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  • Transcript

Malaysia Airlines has operated at a loss for the past 3 years. Its troubles were compounded by the loss of a flight over the Pacific in March, and another shot down over eastern Ukraine last month.

STEVE INSKEEP, HOST:

NPR's Business News starts with hardship for Malaysia Airlines. Malaysia's government will remove that airline from its national stock exchange today. Malaysia Airlines has operated at a loss for the past three years, and of course, its troubles were compounded by the disappearance of a flight over the Pacific in March and another shot down over eastern Ukraine last month. With today's move, Malaysia Airlines is now fully state-owned which is the first step of a major restructuring process.

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