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Missing plane may hasten MAS break-up

The incident has put the carrier under global scrutiny

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