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Malaysia Airlines narrows 2Q loss to $109 million

Malaysia Airlines (MAS) reported a second-quarter net loss of MYR348.7 million ($109 million), a 34% improvement on a loss of MYR525.8 million year-over-year.

Malaysia Airlines A380. Courtesy, Airbus Malaysia Airlines (MAS) reported a second-quarter net loss of MYR348.7 million ($109 million), a 34% improvement on a loss of MYR525.8 million year-over-year. Operating revenue fell 6% to MYR3.2 billion compared to MYR3.4 billion in the year-ago quarter, while expenses were MYR3.4 billion, producing an operating loss of MYR102 million, improved from a loss of MYR443 million in the same period last year. “The significant 77% ...

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