MAS to cut unprofitable routes, focus on Asia
Publish date: Tue, 22 Nov 2011, 09:14 AM
Malaysian Airline System Bhd, which posted a third-quarter loss, expects fourth-quarter earnings to be weaker and said it will cut unprofitable routes and focus on higher-yielding destinations in Asia.
"With the adoption of a leaner network, management shall also be accelerating the return of ageing aircraft, and in so doing improve the fuel efficiency of our fleet," the carrier said in a statement to the Kuala Lumpur stock exchange. -- Bloomberg
"With the adoption of a leaner network, management shall also be accelerating the return of ageing aircraft, and in so doing improve the fuel efficiency of our fleet," the carrier said in a statement to the Kuala Lumpur stock exchange. -- Bloomberg
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National airline oso loosing $$...Shame. Definitely Somebody "A" the money...
2011-11-22 09:56