Malaysia Airlines boss Mueller resigns

Malaysia Airlines boss Mueller resigns

The boss of Malaysia Airlines has resigned due to “changing personal circumstances”.

Chief executive Christoph Mueller will leave his job in September having joined the airline last May.

He oversaw a $1.56 billion overhaul of the company which resulted in 6,000 job cuts and reducing unprofitable routes.

In a statement, Mueller said: “I am proud of what we have achieved as a team in such a short time ... unfortunately, personal circumstances will make it difficult for me to complete my full term.”

The airline has begun searching for a new chief executive from a pool of internal and external candidates, according to a report in The Guardian.

Mueller will remain a non-executive director.

Malaysia Airlines has experienced heavy financial losses following two disasters – the disappearance of Flight 370 and the loss of a plane which was shot down over Ukraine.

The airline was taken over by state investment agency Khazanah Nasional, which in a separate statement said Mueller had put in place a strong management team and helped lay the foundation for a sustained turnaround.

Two weeks ago, Mueller said in an interview that the airline as a “ship that has many leaks” but said things were back on the right track and the carrier had recorded a profit in February.

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