FILE: File footage shows unfolding of events after Malaysia Airlines flight MH370 disappeared six months ago

Record ID: 1403221

  • Title: FILE: File footage shows unfolding of events after Malaysia Airlines flight MH370 disappeared six months ago
  • Date: 5th September 2014
  • Summary: KUALA LUMPUR, MALAYSIA (AUGUST 29, 2014) (REUTERS) MANAGING DIRECTOR OF KHAZANAH NASIONAL, AZMAN MOKHTAR, STANDING AT PODIUM (SOUNDBITE) (English) MANAGING DIRECTOR OF KHAZANAH NASIONAL, AZMAN MOKHTAR SAYING: "Estimation of a workforce of approximately 14, 000 represents a net reduction of 6,000 staff or a net reduction of 30 percent from approximately 20,000 current staf
  • Embargoed: 20th September 2014 22:09
  • Keywords:
  • Location: At Sea, Australia, Malaysia, Vietnam, China
  • City:
  • Country: Vietnam China Malaysia Australia At Sea
  • Topics: General
  • Reuters ID: LVA5ROYCW0JHOODZBEOESU1X668P
  • Aspect Ratio: 16:9
  • Story Text: Six months after flight MH370 disappeared, search vessels are still struggling to locate the missing Malaysia Airlines plane, in the hopes of unlocking modern aviation's greatest mystery.
    Months of searches have failed to turn up any trace of the missing Boeing 777 aircraft, which disappeared on March 8, carrying 239 passengers and crew shortly after taking off from the Malaysian capital of Kuala Lumpur, bound for Beijing. About two-thirds of the passengers were Chinese.
    The latest phase of the search is expected to start by the end of September and take up to a year, focusing on a 60,000-sq-km (23,000- sq-mile) patch of sea floor some 1,600 km (1,000 miles) west of Perth.
    Australia this month awarded a contract to Dutch engineering firm Fugro to search the sea floor, and the company is already conducting a detailed underwater mapping of the search area, along with a Chinese naval vessel.
    Australia has set aside A$80-A$90 million for the search, already the most expensive operation of its kind ever undertaken.
    Malaysia said it would share with Australia the cost of the latest effort.
    Malaysia Airlines is to slash nearly a third of its 20,000 workforce and cut back its global route network as part of a radical 6 billion ringgit ($1.9 billion) restructuring following the devastating impact of MH370's disappearance and the downing of MH17 over eastern Ukraine.
    The 42-year-old company will be de-listed by the end of the year under the broad revival plan announced by state fund Khazanah Nasional that aims to bring long-elusive efficiency and global standards to the loss-making carrier.
  • Copyright Holder: REUTERS
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