marlywings
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Malaysian Airlines earnings set to show financial burden of loss of MH370
May 14, 2014
Malaysian Airlines will report first-quarter earnings later on Thursday that are set to provide confirmation of just how badly the already loss-making carrier's finances have been hit by the vanishing of flight MH370 on March 8.
Struggling for years to cope with high costs and nimbler regional and international rivals, Malaysian Airline Systems Bhd's (MASM.KL) quarterly performance has been made so uncertain by reduced traffic and potential costs linked to the jet's unexplained disappearance that analysts say they simply can't issue January-March estimates
Since MH370 disappeared, MAS shares have slumped as much as 20 percent. Its market value has tumbled about 80 percent over the past five years, while the broader Malaysian market .KLSE has risen about 80 percent
http://www.reuters.com/article/2014/05/14/us-malay-airline-results-idUSBREA4D0UI20140514
May 14, 2014
Malaysian Airlines will report first-quarter earnings later on Thursday that are set to provide confirmation of just how badly the already loss-making carrier's finances have been hit by the vanishing of flight MH370 on March 8.
Struggling for years to cope with high costs and nimbler regional and international rivals, Malaysian Airline Systems Bhd's (MASM.KL) quarterly performance has been made so uncertain by reduced traffic and potential costs linked to the jet's unexplained disappearance that analysts say they simply can't issue January-March estimates
Since MH370 disappeared, MAS shares have slumped as much as 20 percent. Its market value has tumbled about 80 percent over the past five years, while the broader Malaysian market .KLSE has risen about 80 percent
http://www.reuters.com/article/2014/05/14/us-malay-airline-results-idUSBREA4D0UI20140514