Air Transport World

MAS aims for more profits, lower costs.(FINANCIAL RESULTS, NEW DEALS, AND REPORTS FROM EVERY CORNER OF THE GLOBE)(Malaysia Airline System Bhd.)(Brief article)

Malaysia Airlines unveiled a five-year growth plan dubbed BTP2 (Business Transformation Plan 2) in Kuala Lumpur targeting a minimum full-year net profit of MYR1.5 billion ($463.6 million) by 2012. The winner of ATW's 2008 Phoenix Award appears well on its way to achieving that goal after posting a record MYR610 million profit in the first nine months of 2007, with a forecast of MYR700 million for the full year. It is aiming for a MYR1 billion profit in 2008. …

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