Malaysia Airlines incurs $92 million 1Q net loss

Credit: Courtesy, Airbus
Malaysia Airlines reported a first-quarter net loss of MRY279 million ($91.9 million), widened from a net deficit of MRY172 million in the 2012 March quarter. The Kuala Lumpur-based carrier said the increased loss “was mainly attributed to an unrealized [foreign exchange] loss of MRY21 million in Q1...

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