Malaysian airline, the chief airlines of Malaysia is running in loss for more than seven years. Though the company has been making predictions and has taken several measures to make the company profitable, year after year the company is moving into losses. What is wrong? The operations, the management, the service, or what else.. Let us have a look into the matter in detail. A stunning loss in 3 months as on 30 June 2005 of MYR280.7m has been reported by Malaysian Airline authorities. May be because of the rise in fuel costs .A loss in excess of MYR 1bn may have been recorded by Malaysia Airlines for 2005, it has been claimed.An unnamed official quoted by Dow Jones Newswires has stated that the carrier reported a loss of up to MYR552m for the fourth quarter of 2005, making the airline's full year loss worse than the predicted, to a fi

0 comments:
Post a Comment