Malaysia Airlines still in the black in third quarter

Malaysia Airlines (MAS) eked out a its smallest quarterly return in two years in the third quarter (ended 30-Sep-08), but the fact it remained profitable is testament to the MAS team, led by Idris Jala, whose contract was recently extended for another three years. Idris Jala stated the current financial crisis "will result in many bankruptcies and it will take two to three years for the aviation to fly out of this crisis".