​Thousands of Russians stranded abroad, as fifth tour operator goes bankrupt
One of Russia's largest tour operators IntAer is halting operations. The company said it could no longer fulfill its obligations, as the political strain over Ukraine and strengthening dollar was hitting its business. It is the fifth Russian tour …
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Malaysia Airlines to 'file for bankruptcy or go private' in turnaround plan
Some of the proposals will include taking "the company private or allowing it to go bankrupt and then renegotiating union contracts", Bloomberg reported, citing a source close to the matter. The airline has seen its share price decline 35 per cent in …
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Best Thing For Malaysian Air May Be to Go Bust
What a difference four months can make. In March, Malaysian leader Najib Razak was widely criticized for mishandling the search for a Malaysia Airlines jet that disappeared with 239 people on board. His government's unsteady initial response to the …
Read more on Bloomberg View