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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4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
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National airline oso loosing $$...Shame. Definitely Somebody "A" the money...
2011-11-22 09:56