MAS set to make profits by end-2014, turnaround gains momentum


MAS' Ahmad Jauhari (centre) with staff on Wednesday.

PETALING JAYA: Malaysia Airlines (MAS) is on track to become profitable by end-2014, as its turnaround plan gains traction and receives the backing of its unions, according to group chief executive officer (CEO) Ahmad Jauhari Yahya.

“It is gaining momentum and going in the right direction. We are generating positive cashflow now. We want to build sustainable profits, hopefully, by the end of 2014. There is still a lot to do,” he said at an update briefing on its business plan introduced in late-2011.

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Business , MAS , MASEU , Ahmad Jauhari Yahya

   

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