Malaysia Airlines A380. Courtesy, Airbus Malaysia Airlines (MAS) reported a first-quarter after-tax loss of MYR171 million ($54.3 million), slightly improved from a MYR242 million loss for the same period last year. MAS said the improved results were “despite higher jet fuel price averaging $135 per barrel during the quarter compared to $120 per barrel in the previous year,” according to a statement. Total Group revenue stood at MYR3.11 billion while overall operating ...

Subscribe to Access this Entire Article

"Malaysia 1Q losses slightly improved; plans to raise $800 million in Islamic bonds" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions?

Already registered? here.