Malaysia Airlines said it finished last year ahead of its budgeted loss, with a “strong result” during the final quarter of 2016. The Kuala Lumpur-based company said it is making steady progress on its turnaround plan and continues to seek out cost savings for the year ahead. Malaysia Aviation Group Berhad does not release full financial statements, as it is not publicly traded, but said it finished 49% ahead of its budged loss under the business plan for fiscal year 2016. The ...

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