The loss of Malaysian Airlines Flight 17 (MH17) is the latest in a series of potentially crippling blows to Malaysian Airline System (MAS), whose CEO acknowledged it was facing a much-needed “operational reset” even before the July 17 disaster over Ukraine. 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. March’s MH370 disaster has hurt the airline’s ...

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