Monday 26 February 2007

Money, Money, Money

It’s been another good profit in quarter 4 for Malaysia Airlines boasting 122.04 million Ringgit.

Due to reduced costs and improved profits this has been a good outcome of a five-quarter loss.

Chief Executive Idris Jala told reporters. "I can say that Malaysia Airlines is fully alive and kicking. The crisis is behind us. We've said this is the year we want to generate profit".

Targeted profits for this year is 50 million Ringgit yet Jala had something else to say: "If we can achieve a profit of between 50 and 99 million Ringgit, it will be on target," he said.

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