MAS doubles 2009 net income on fuel hedges, strong fourth quarter

Malaysia Airlines reported 2009 net income of MYR493.1 million ($147.5 million), double the MYR245.7 million profit earned in 2008, as a strong fourth quarter enabled it to overcome an uneven year in which it was in the red in the first and third quarters. MAS said its full-year profitability was...

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