Malaysia posts 4Q and full-year losses

Malaysia Airlines (MH) reported a 2011 fourth-quarter loss of MYRI 1.28 billion ($423 million) and full-year loss of MYRI 2.52 billion. The losses compare to profits of MYRI 226 million for the year-ago quarter and MYRI 234 million in 2010. The carrier’s fuel costs increased 33% year over year to...

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