Malaysian flag carrier Malaysian Airline System (MAS) has had a terrible 2014 so far. Like many state-founded and -funded airlines across the region, MAS has been suffering from the predations of low-cost carriers (LCC) AirAsia and Lion Air for years. On top of that, the MH370 disaster has badly damaged the airline’s reputation and income stream. And on July 17, Flight 17 was lost over Ukraine. As MAS CEO Ahmad Jauhari Yahya said last month, the airline will find it impossible to ...

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