MAS loss widens to almost double the loss posted a year ago


A staff walks near MAS aircraft at KL International Airport in Sepang. MAS' load factor tumbled 6.7% for the quarter to 73.7% compared with 80.4% in the previous year.- EPA

PETALING JAYA: Ailing Malaysia Airlines (MAS), whose parent Khazanah Nasional Bhd is due to unveil sweeping changes under a much-awaited turnaround later today, painted a bleak picture for its outlook.

The national carrier yesterday saw its net loss sink to RM307.04mil for the second quarter ended June 30, almost double the RM175.98mil loss posted a year ago.

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Business , 3786 , malaysia airlines , khazanah , mh370 , mh17

   

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