MH370 tragedy deepens MAS losses

comments     Chan Quan Min     Published     Updated

Malaysia Airlines continues to bleed red ink, posting another quarter of deepening losses in its first reporting quarter since the March 8 disappearance of flight MH370.

The national carrier posted a net loss of RM442 million for the first-quarter of 2014, almost double the same quarter last year after adding almost RM195 million in operating expenses.

In a statement, Malaysia Airlines said the MH370 incident had a “dramatic impact” on its financial performance during the three-month period ended March.

For the rest of this story and more, subscribe for only RM150 a year. If you're already a subscriber, please sign in.

Sign in Subscribe now


Malaysiakini
news and views that matter


Sign In