Malaysia Airlines further into the red


PETALING JAYA: The tragic disappearance of flight MH370 has had a devastating effect on the financial results of Malaysia Airlines (MAS), which has reported a net loss of RM443mil for the first three months of 2014.

The loss is 59% more than the RM279mil reported in the same period a year ago. It is also its biggest net loss in over two years and its fifth consecutive quarter of losses.

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