Malaysia Airlines (MAS) has reported another quarter of dire financial results, underlining the need for major restructuring initiatives due to be unveiled soon. The airline’s net loss for the second quarter was RM307 million (U.S.$97.5 million), following a first-quarter loss of RM443 million. Combined, the first-half deficit was 65% higher than in the same period in 2013. The losses of Flight 370 (MH370) and MH17 are expected to affect the airline’s finances even more in the ...
THIS CONTENT REQUIRES SUBSCRIPTION ACCESS
You must have an Aviation Week Intelligence Network (AWIN) account or subscribe to this Market Briefing to access "MAS Records Deep Q2 Loss, Predicts Worse To Come".
Current Aviation Week Intelligence Network (AWIN) enterprise and individual members: please go to http://awin.aviationweek.com for access.
Not currently a subscriber? Click on the "Learn More" button below to view subscription offers.