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Malaysia's Malindo Air asks staff to take up to 50% pay cut to cushion coronavirus blow

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Malindo Air has ordered its staff to take up to a 50 per cent pay cut and two weeks unpaid leave as the coroanvirus epidemic hurts air travel demand and the broader industry, according to a memo sighted by Reuters.

[KUALA LUMPUR] Malindo Air has ordered its staff to take up to a 50 per cent pay cut and two weeks unpaid leave as the coroanvirus epidemic hurts air travel demand and the broader industry, according to a memo sighted by Reuters.

In a company-wide memo sent on Friday, chief executive...

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