Tragedies of MH370, MH17 deal severe blow to MAS results

-EPA

KUALA LUMPUR: Malaysia Airlines (MAS) sunk deeper into the red in the second quarter ended June 30, 2014 (Q2, 2014) with net losses of RM307.04mil compared with net losses of RM175.98mil a year ago as it was impacted by the tragedies involving flights MH370 and MH17.

The disappearance of Malaysia Airlines flight MH370 in March 2014 continued to impact the airline's Q2, 2014 financial results with MAS reporting a net loss of RM307mil due to lower yield and seat factor.