26-Nov-2009 6:05 PM
Malaysia Airlines loss in 3Q2009 USD88.6 million. Full service airline shrinks while AirAsia expands
Analysis
Malaysia Airlines lost USD88.6 million in 3Q2009, but the underlying message was slightly better as the operating loss was a more modest USD21.7 million. However, unless things improve substantially in the medium term, the carrier is not well placed to return to profitability.
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