MAS recovery hampered by weak ringgit, but to break even soon


Turbulent times: A Malaysia Airlines Airbus A380 plane is seen landing in England in this file picture. The A380 has battled against sluggish sales, squeezed by smaller, more efficient twin-engined jets.

KUALA LUMPUR: Malaysia Airlines’ (MAS) road to recovery was hampered by the weak ringgit, which has caused a delay in the management meeting the timeline for the airline to return to profitability.

According to Khazanah Nasional Bhd, the weak ringgit in 2017 had an estimated RM500mil impact on the bottom line of the national carrier, which is now a private entity.

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Business , Mas recovery , ringgit , Azman Mokhtar ,

   

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