MAS registers RM171mil loss for 1Q, 29% lower than last year


  • Nation
  • Tuesday, 22 May 2012

SUBANG: The MAS Group registered a loss after tax of RM171mil for the first quarter ended 31 March, a significant 29% reduction from the RM242mil loss for the same period last year.

This was achieved despite higher jet fuel price averaging USD135 per barrel during the quarter compared to USD120 per barrel in the previous year, the airline said in a statement Tuesday.

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