Analysts say MAS likely to return to the black earlier than forecast

PETALING JAYA: Following several quarterly losses, indications are that Malaysia Airlines (MAS) will return to the black in its third quarter this year, posting a modest net profit of just under RM10mil, according to analysts.

And while this “return to profitability” is unlikely to nudge MAS into a full year profit for the current financial year, some analysts reckon that the “flurry of activity” within MAS can lead it to a profitable financial year ending 2013 a year ahead of what management has guided for.