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Investors dump Malaysia Airlines in wake of results, SIA long-haul plans

30-May-2011

Shares in Malaysia Airlines dropped a further 6.5% on Friday to fresh decade lows, following its poor financial showing in the first quarter.

See related report: MAS short-term outlook bleak following 1Q2011 loss

The airline's outlook is also threatened by rising competition in long-haul markets. See related report: SIA's long-haul low-cost subsidiary strategy to restore growth after a lost decade

Shares in AirAsia and Singapore Airlines closed flat on Friday.

Selected Asia Pacific daily share price movements (% change): 27-May-2011


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