Fate of MAS staff to be known today

Starting today, some 20,000 Malaysia Airlines (MAS) employees will receive a letter stating their fate with the company.

Chief Executive Officer (CEO) of the new MAS, Christoph Mueller made it clear that the airline's staff anxiety period will be over soon.

The termination process is part of a plan to reshape MAS.

Existing assets and liabilities will be transferred to MAS Bhd which will take over operations on September 1.

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An employee who is terminated will receive a payment depending on their grade.

Those not offered employment with MAS Bhd will also be eligible to receive ex-gratia payments. For those offered to work at MAS Bhd will also get bonuses.

READ: MAS staff welfare to be discussed in Cabinet soon, says Khairy READ: I need three years to overhaul MAS - Christoph Mueller

The termination process will take place in phases, but some of them may be offered a short-term contract. MAS Bhd will be a new airline, with a new look and rebranding.