Malaysia Airlines returns to the black after years of losses

“We still have a long way to go but existing and new partners believe in our success and Malaysia Airlines has been set on a path towards reclaiming its position as one of the world’s leading airlines,” said MAS group chief executive officer Cristoph Mueller.

PETALING JAYA: After years of reporting losses, the new-look Malaysia Airlines Bhd (MAS) has posted its first quarterly profit – a modest RM14mil – for the period between January to end-March this year.

Group-wide, the profit was RM51mil before exceptional cost.

Get 30% off with our ads free Premium Plan

Monthly Plan


Annual Plan


Billed as RM103.60/year

1 month

Free Trial

For new subscribers only

Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Australia’s Arnott's Group sees annual revenue from Asia touching RM2.5bil in 10 years
Petron to pursue growth opportunities
MSM returns to the black in 4Q23
Ringgit ends higher against US dollar as Fed maintains stance
Dayang to remain prudent in managing its business
TNB plans to develop hybrid hydro-floating solar PV projects
Pentamaster cautiously optimistic
Duopharma to deliver a satisfactory performance in 2024
YTL Corp's net profit jumps to RM589.22mil in 2Q
Cautious outlook for Hektar REIT

Others Also Read