This was a sad inevitability after an unprecedented spate of high profile, almost unbelievable tragedies.
"The southeast Asia air carrier burns its cash reserves at nearly $2.16 million each day," wrote Howard University professor Oliver McGee. "Operations are losing about $1.6 million a day."
It is also offering deep discounts compared to other carriers: A sample fare search on Malaysia Airlines showed a round trip flight between Kuala Lumpur and Beijing for $238, while a similar flight on other carriers was listed for more than $500.
There has been increasing speculation about rebranding the airline, merging with other regional carriers, and even shutting the entire airline down and starting again. But with two major accidents still unsolved, there's a lot more story to be written, I fear.