Malaysia Airlines reports 'stable performance' in Q2

Malaysia Airlines planes sit on the tarmac at Kuala Lumpur International Airport July 21, 2014. - Reuters

KUALA LUMPUR: Malaysia Airlines Bhd managed to record "steady year-on-year (y-o-y) performance” in the second quarter of 2018, with a marginal yield improvement.

In the face of increased competitor capacity, coupled with weak demand conditions due to Ramadan, revenue per available seat kilometre (RASK) also remained steady with a growth of 2% y-o-y, the national carrier said in a statement today.