You are here

Malaysian Airline says delays Q3 results to include more details

ALma1811.jpg
Malaysian Airline System Bhd, the loss-making airline that was hit by two separate jet disasters this year, has delayed the release of its third-quarter results to Nov 28 to allow time to include more details, a representative said.

[KUALA LUMPUR] Malaysian Airline System Bhd, the loss-making airline that was hit by two separate jet disasters this year, has delayed the release of its third-quarter results to Nov 28 to allow time to include more details, a representative said.

The state-run company, also known as MAS, was scheduled to report results for the July-September period on Tuesday, its last set of earnings before going private. The third quarter would have been one of its worst ever quarters as passenger numbers fell and yields dropped after the loss of its two jets this year, according to analysts.

An MAS investor relations official told Reuters the company missed some details that needed to be included in the earnings results and hence the delay. The official did not clarify further.

REUTERS

sentifi.com

Market voices on:

grab

Receive $80 Grab vouchers valid for use on all Grab services except GrabHitch and GrabShuttle when you subscribe to BT All-Digital at only $0.99*/month.

Find out more at btsub.sg/promo

Powered by GET.comGetCom