Malaysia Airlines revamp: New start or false hope?

Published August 8, 2014 9:58am ET



HONG KONG (AP) — Hemorrhaging cash after almost unfathomable double disasters that killed 537 people, Malaysia Airlines will be brought back under the wing of the Malaysian government as a prelude to a comprehensive overhaul of the airline. It will be the latest in a string of restructurings of the carrier over the past decade, all of which failed to put it on a steadier flight path. Some analysts doubt the airline will be in a much improved position in another five years. Here are some questions and answers on what lies ahead:

— WHY DOES THE AIRLINE NEED AN OVERHAUL?

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