Malaysia Airlines reduces Q2 losses

Pricing and revenue management along with lower fuel costs lowered the losses

fuel costs Malaysia Airlines operating loss pricing revenue management

Malaysia Airlines announced a reduced operating loss of $ 33 million (RM 102 million) for the second quarter ended 30 June 2012 compared to $ 141 million (RM443 million) in the same period last year. The 77 per cent improvement in performance year-on-year at the operating level was due to efforts in the pricing and revenue management area plus lower fuel costs and lower passenger-related costs in line with capacity cuts. The operating loss for the second quarter was also lower than the operating loss of $ 98 million (RM307 million) achieved in the first quarter of 2012.