MAS Posts Lower Profits As Fuel Costs Erode Bottom Line
Malaysia Airlines'(MAS) profit for the year ended March 31 fell 29.3% to MYR326.1 million (US$85.8 million) on high fuel prices despite a revenue increase of 29.5% to MYR11.4 billion (US$3 billion). The airline carried 17.6 million passengers as international traffic grew a record 23.8% to 8.7...
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