Malaysia Airlines Malaysian government nationalized after two accidents

The flag carrier of Malaysia, Malaysia Airlines, today suspended trading on the stock Kuala Lumpur after the State, the principal shareholder, announced the purchase of the remaining shares of the company to reform after the two air accidents this year . 

The first incident occurred on March 8 on the flight MH370, which was traveling between Kuala Lumpur and Beijing, the disappearance of the Boeing 777-200 with 239 people on board without the search operation has found no trace so far. 

The tracking system continues in a remote area of the southern Indian Ocean. 

The second incident occurred on July 17 with Boeing MH17, flying from Amsterdam to Kuala Lumpur when he was shot down by a missile while flying over the conflict zone of eastern Ukraine with 298 people on board. 



Both disasters suffered by Malaysia Airlines have driven public confidence. 

Those responsible for the flag carrier of Malaysia had opted in recent years by a strategy to win customers for life with cheap flights, best deals including those of low cost airlines and first class service. 

This long-term policy had its detractors and had been at the expense of giving up benefits, which explains in part the results of the company in the last three years were negative. 

Some analysts present Malaysia Airlines in 2014 financial losses of about ringit 1,000 million (311.6 million dollars and 232.8 million euros). 

Malaysia Airlines, founded in 1937, currently has a fleet of 88 aircraft and carries about 37,000 passengers daily to some 80 destinations worldwide, according to the airline.

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