KUALA LUMPUR, Malaysia—The chief executive of Malaysia Airlines said Wednesday that the carrier recorded a profit in February, its first positive monthly result in years, and is on track to return to the black by 2018.
In an interview with The Associated Press, CEO Christoph Mueller described the airline as a “ship that has many leaks,” but said the monthly profit was a sign that things are on the right track. He said revenue has improved and costs are down, underpinned by low jet fuel prices.
Twin disasters in 2014, including the disappearance of Flight 370, hurt the airline’s reputation, but Mueller …read more
Source: The Epoch Times
