Malaysia Airlines better equipped to weather "perfect storm"

Malaysia Airlines (MAS) continues to perform better in this crisis than any before it, thanks to the steps taken to reform and simplify its business under Managing Director & CEO, Idris Jala. MAS notched up its eighth consecutive quarterly profit in the traditionally weakest second quarter (three months ended 30-Jun-08) - a good performance in a period when many of its Asia Pacific rivals incurred significant operating losses. Honed by competing day to day with the world's lowest cost airline operator, AirAsia, MAS has significantly enhanced its "survivability".