Malaysia Airlines reported a second-quarter net loss of MYR177.1 million ($48.2 million), narrowed from a net loss of MYR277.5 million in the year-ago quarter, on a 6% rise in revenues to MYR609.6 million, according to press reports. MD and CEO Idris Jala said the company's cost-cutting program is "showing positive results," evidenced by an 18% improvement in passenger yield and a 10.5% gain in cargo yield, according to Malaysian national news agency Bernama. Jala added that MAS is "on ...

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