Air Transport World

Malaysia Airlines. (Asia/Pacific Report).(Malaysian Airline System reorganization plan)

Malaysia Airlines unveiled the details of restructuring plans that it believes will return it to profitability by the March 31 end of its current fiscal year. The carrier recorded a net loss of 835 million ringgit ($219.7 million) in the previous year, its sixth consecutive year of red ink. The plan calls for MAS to transfer the remaining 73 aircraft on its balance sheet, amounting to 5.11 billion ringgit in assets and 6. …

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