Malaysia Airlines forecast to post core net loss of RM1.01bil in FY13

PETALING JAYA: Malaysia Airlines (MAS) has been forecast to post a core net loss of RM1.01bil for the financial year ended Dec 31, 2013 (FY13) while AirAsia Bhd is expected to post a core net profit of RM651mil for FY13.

MAS is expected to announce its results today, with AirAsia on Feb 26 and AirAsia X Bhd (AAX) on Feb 25. Airport operator Malaysia Airports Holdings Bhd, meanwhile, announced its full-year financial results on Jan 27.