Malaysia Airlines has reported a third-quarter net income after tax of MYR37 million ($12.1 million), resulting in a small operating profit of MYR4 million for the period. This reverses an operating loss of MYR192 million for the year-ago period.
Malaysia Airlines A380. Courtesy, Airbus Malaysia Airlines has reported a third-quarter net income after tax of MYR37 million ($12.1 million), resulting in a small operating profit of MYR4 million for the period. This reverses an operating loss of MYR192 million for the year-ago period. The airline attributed the improvement to a route rationalization program that reduced ASKs 7%. This capacity reduction helped cut fuel costs by 9% to MYR1.3 billion for the quarter and non-fuel ...
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