Monday, 28 Sep 2020 06:17 PM MYTAirAsia Group Bhd posted a net loss of RM992.89 million in the second quarter that ended June 30. — Reuters pic
“This is a very difficult decision after a few months we went through a difficult period. Several hundred manpower will be laid off, no detailed figures for now,” the news agency cited a source who claimed to be quoting Riad as saying.The airline has said it would continue to provide support for affected employees “in various ways”, and had already pledged basic assistance like health care benefits and flight coupons until December 2020, Astro Awani reported.
In a filing to Bursa Malaysia, the group said 42 per cent of its revenue was contributed by cargo and logistics operations.
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