Malaysia Airlines (MH) unveiled a plan to return to profitability by 2013 that includes launching a new regional premium airline, shrinking its network, focusing on costs and making aggressive efforts to win back customers.
Malaysia Airlines 747-400. By Rob Finlayson Malaysia Airlines (MH) unveiled a plan to return to profitability by 2013 that includes launching a new regional premium airline, shrinking its network, focusing on costs and making aggressive efforts to win back customers. The plan targets a net loss of MYR165 million ($55 million) in 2012, which would be a substantial improvement over MH's net loss of MYR527 millionfor just the 2011 second quarter (ATW Daily News, Aug. 24), and ...
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