MAS bleeds, RM1bil loss


By JOHN LOHB.K. SIDHU

PETALING JAYA: With a year left to go, analysts and market observers are not convinced that Malaysia Airlines (MAS) can break even by end-2014, as outlined in its turnaround plan. 

The national carrier, which had adopted a strategy to sell as many seats as possible, posted another quarter of losses in the fourth quarter ended Dec 31, 2013 (Q4’13), its fourth straight quarter in the red and the worst yearly performance since 2011’s shock net loss of RM2.5bil.

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Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

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