Malaysia Airlines Needs to Cut Costs, Webber Says
Sept. 1 (Bloomberg) -- Tony Webber, a professor at the University of Sydney Business School and former chief economist at Qantas Airways Ltd., talks about the prospects for Malaysian Airline System Bhd. Malaysia Airlines, which lost two jetliners in air disasters this year, will eliminate 6,000 jobs as it restructures. Webber speaks with Rishaad Salamat on Bloomberg Television's "On the Move." (Source: Bloomberg)
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"Preserving Bombardier C-Series Key Amid 7,500 Job Cuts"
48:29 - Bombardier has announced it will slash 7,500 jobs during a second round of job cuts within the past 8 months. Bloomberg Intelligence Analyst George Ferguson explains whether these cost saving measures were necessary as the struggling aircraft maker awaits $1 billion in federal aid from the Canadian government on Bloomberg TV Canada's The Daily Brief. (Source: Bloomberg)