Malaysia Airlines this week reported a MYR321 million ($88.4 million) loss for the three months ended March 31, a quarter it called "Q1 2006" even though its last reporting period, ended Dec. 31, 2005, was labeled the third quarter of its fiscal year (ATWOnline, Feb. 28). The result, which compares to a MYR109.2 million profit earned in the quarter ended March 31, 2005, beat MAS's forecast loss of MYR349 million and was boosted by a "small" MYR7 million profit in March. "Over the past few ...

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