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Malaysia Airlines bets on higher passenger traffic to lift earnings, readies to fly new routes

Peter Bellew, chief executive of Malaysia Airlines (Photo by CK Tan)

KUALA LUMPUR (Nikkei Markets) -- Malaysia Airlines is readying to fly to as many as 30 international routes, mostly in China, and is betting on higher passenger traffic to boost earnings to help meet its 2019 relisting aim, its chief executive said.

Almost three years after the carrier moved to exit most non-stop long-haul routes and eliminated as much as 6,000 jobs as part of the restructuring exercise, it is now preparing to expand flight network and will hire an additional hundred pilots in 2017, Peter Bellew told Nikkei Markets in an interview. It also plans to add about two hundred engineers, sales and support staff.

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