Malaysian Air Rules Out Bankruptcy as Jet Still Missing

Malaysian Airline System Bhd., the carrier reeling from the disappearance of Flight 370 more than two months ago, won’t seek bankruptcy and will instead speed up an overhaul to help it break even next year. The stock rose.

“Our turnaround story was moving along -- MH370 certainly didn’t encourage that,” Hugh Dunleavy, the airline’s director of commercial operations, said in an interview with Bloomberg Television’s Haslinda Amin yesterday. “That certainly has been a major hiccup in the road. So now we have to go back and fix that.”