Nearly three years after twin disasters took it to the brink of financial collapse, Malaysia Airlines' new CEO says the airline's recovery is going better than expected. The search for the airline's Flight 370 that went missing in March 2014 with 239 people on board was suspended Tuesday. Speaking before the search was called off, CEO Peter Bellew called the disaster an "awful tragedy." In late 2015, its A380s, which can carry nearly 400 passengers, were flying to London with just 50 to 60, he said. Bellew said the airline's lucrative business class bookings for the next six months were double those of a year earlier.

Source: ABC News January 17, 2017 07:53 UTC