Malaysia Airlines (MAS) has blamed soaring fuel prices for a second-quarter net loss of MYR527 million ($177 million), similar to the MYR535 million net loss for the year-ago period, also owing to fuel prices.
Malaysia Airlines 747-400. Photo: By Rob Finlayson Malaysia Airlines (MAS) has blamed soaring fuel prices for a second-quarter net loss of MYR527 million ($177 million), similar to the MYR535 million net loss for the year-ago period, also owing to fuel prices (ATW Daily News, Aug. 23, 2010). The loss came despite a 8% lift in revenue to MYR3.48 billion, the result of a 15% increase in passenger revenue to MYR2.08 billion, offset by a 16% drop in cargo revenue to MYR306 ...
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