August 14, 2012
Malaysia Airlines on Tuesday posted a smaller net loss of MYR349.248 million ringgit for the second quarter.
That compared with a net loss of THB526.68 million ringgit in the same quarter a year earlier.
The smaller loss was due to the airline's efforts in pricing and revenue management along with lower fuel and passenger-related costs.
Revenue fell 6 percent to MYR3.2 billion ringgit, the carrier said in a filing to the local stock exchange.
Malaysian said it expects the remainder of 2012 to be challenging.
