MAS suffers heavy losses but says turnaround plan is beginning to bear fruit

Malaysia Airlines this week reported a MYR321 million ($88.4 million) loss for the three months ended March 31, a quarter it called "Q1 2006" even though its last reporting period, ended Dec. 31, 2005, was labeled the third quarter of its fiscal year ( ATWOnline, Feb. 28). The result, which compares...

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