SELLING the Malaysia Airlines (MAS) growth story after so many turnarounds and restructuring can be tough call. It is tougher when the airline is calling a rights issue to raise RM3.1bil at a time when it is still not out of the woods, and reported only a small net profit of RM37mil for the third quarter of 2012.
In comparison, its regional peers are doing well and those in the low-cost business are trying to steal as much market share as they can.
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