You are here

Missing plane may hasten MAS break-up

The incident has put the carrier under global scrutiny

BT_20140429_BREAK29_1064954.jpg
Watchful gaze: Malaysian Air missed its target to be profitable last year, as higher costs for items including fuel, maintenance and financing wiped out revenue gains. - PHOTO: BLOOMBERG

[SINGAPORE] The disappearance of Malaysian Air flight 370 may hasten a break-up of the 76-year-old unprofitable airline. Even before the jet vanished on March 8 on its way to Beijing from Kuala Lumpur, Malaysian Airline System had run up losses of US$1.3 billion in the previous three years. The

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