: :inin Kyiv (EET)

Malaysia Airlines loss nearly doubles on MH370 impact


Kuala Lumpur (Malaysia) (AFP) – Crisis-stricken Malaysia Airlines said Thursday its second-quarter loss nearly doubled as the loss of flight MH370 spurred a decline in bookings, warning the red ink would accelerate as the year wears on.The flag carrier said it posted a 305.7 million ringgit ($97.2 million) loss in the April-June quarter, which followed the March 8 disappearance of flight MH370 with 239 passengers and crew aboard.That compared to a 175 million ringgit loss in the same period of last year. The latest results mark the sixth straight quarterly loss for Malaysia Airlines (MAS), which has struggled to stay …read more

Source: Business Insider

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