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Monday, August 22, 2005

Japan Today - News - Malaysia Airlines posts huge loss - Japan's Leading International News Network

Japan Today - News - Malaysia Airlines posts huge loss - Japan's Leading International News NetworkMalaysia Airlines posts huge loss

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Tuesday, August 23, 2005 at 04:00 JST
KUALA LUMPUR — Hit by high fuel costs, Malaysia Airlines System Bhd. reported Monday a net loss of 280.7 million ringgit ($74.5 million) in the first quarter, against a net profit of 26.6 million ringgit for the same period a year earlier.

The state-controlled airline also announced the sudden departure of its managing director Ahmad Fuaad Dahalan

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