Malaysia Airlines 777-200. Photo: By Rob Finlayson. Malaysia Airlines blamed the steep increase in fuel prices and the strengthening of the Malaysian Ringgit for a pre-tax loss of MYR238.25 million ($75.7 million) for the first quarter ended March 31, reversed from a pre-tax profit of MYR320.25 million in the year-ago period. The airline recorded a 12.8% lift in RPKs to 9.89 billion on 11.2% hike in ASKs, pushing load factor up 1.2 points to 76%. Cargo traffic, however, fell 8.2% on ...

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