Showing posts with label flight cancellations. Show all posts
Showing posts with label flight cancellations. Show all posts

Thursday, 28 August 2014

Malaysia Airlines warns of further losses

Malaysia Airlines has warned of further losses in the second half of the year because of the two tragedies to hit the airline in recent months.
In a statement it said it had seen "a sharp decline" in weekly bookings.
It comes as the airline reported a second quarter net loss of 307m Malaysian ringgit ($97.4m; £58.7m) for the three months to June.
The airline has been affected by the crash of flight MH17 in Ukraine and the disappearance of flight MH370.
"We expected the impact of MH370 on the performance in Quarter 2," said chief executive Ahmad Jauhari Yahya.
"Given that, our team put in much hard work and effort to regain market confidence and rebuild sales. Tragically, just as we were beginning to see