Malaysia Airlines says Q1 loss rose 59 percent - KNOE 8 News; KNOE-TV; KNOE.com |

Malaysia Airlines says Q1 loss rose 59 percent

Posted: Updated:
KUALA LUMPUR, Malaysia (AP) - Malaysia Airlines says its net loss rose 59 percent in the first quarter, hit by loss of revenue from China after the baffling disappearance of Flight 370 two months ago.
    
The flag carrier says net loss surged to 443.4 million ringgit ($137.8 million) in the January-to-March period. Revenue still rose 1.7 percent to 3.6 billion ringgit ($1.1 billion).
    
It says Flight 370, which went missing March 8 with 239 people on board while flying from Kuala Lumpur to Beijing, placed additional financial stress on the company, which is already struggling with high fuel prices and operational costs.
    
It said Thursday that sales from China fell 60 percent in March, with a high numbers of cancellations and a decline in long-haul travel. Many passengers on Flight 370 were Chinese.

  • Most Popular StoriesMost Popular StoriesMore>>

  • West Monroe man arrested for meth possession

    West Monroe man arrested for meth possession

    Sunday, July 27 2014 9:09 PM EDT2014-07-28 01:09:38 GMT
    WEST MONROE, La. (KNOE 8 News) - West Monroe Police arrested a man early Sunday morning for possession of drugs.
    WEST MONROE, La. (KNOE 8 News) - West Monroe Police arrested a man early Sunday morning for possession of drugs.
  • Retired deputy drowns trying to save terrier

    Retired deputy drowns trying to save terrier

    Sunday, July 27 2014 8:43 PM EDT2014-07-28 00:43:53 GMT
    Ret. Lt. Sam Vitter (Source: APSO)Ret. Lt. Sam Vitter (Source: APSO)
    PRAIRIEVILLE, La. (AP) - The Ascension Parish Sheriff's Office says a recently retired deputy has drowned trying to rescue his Yorkshire terrier.
    PRAIRIEVILLE, La. (AP) - The Ascension Parish Sheriff's Office says a recently retired deputy has drowned trying to rescue his Yorkshire terrier.
  • Areas of West Monroe test positive for West Nile

    Areas of West Monroe test positive for West Nile

    Friday, July 25 2014 4:31 PM EDT2014-07-25 20:31:42 GMT
    OUACHITA PARISH, La. (KNOE 8 News OPMAD) - Three mosquito pools, representing three locations, have tested positive for West Nile virus in Ouachita Parish.
    OUACHITA PARISH, La. (KNOE 8 News OPMAD) - Three mosquito pools, representing three locations, have tested positive for West Nile virus in Ouachita Parish.
  • MPD investigate Friday night rape report

    MPD investigate Friday night rape report

    Saturday, July 26 2014 6:05 PM EDT2014-07-26 22:05:59 GMT
    MONROE, La. (KNOE 8 News) - Monroe Police are investigating a reported rape from Friday night.
    MONROE, La. (KNOE 8 News) - Monroe Police are investigating a reported rape from Friday night.
  • Juvenile shot after leaving party in South Monroe

    Juvenile shot after leaving party in South Monroe

    Saturday, July 26 2014 6:19 PM EDT2014-07-26 22:19:25 GMT
    MONROE, La.(KNOE 8 News) - Police are investigating a shooting from South Monroe early Saturday morning.
    MONROE, La.(KNOE 8 News) - Police are investigating a shooting from South Monroe early Saturday morning.
  • Clerk wrestles gun away from armed robbery suspect

    Clerk wrestles gun away from armed robbery suspect

    Saturday, July 26 2014 4:40 PM EDT2014-07-26 20:40:24 GMT
    MONROE, La. (KNOE 8 News) - Police are investigating an attempted armed robbery where a clerk fought a gun away from a suspect.
    MONROE, La. (KNOE 8 News) - Police are investigating an attempted armed robbery where a clerk fought a gun away from a suspect.
  • Group protests illegal immigration in Monroe

    Group protests illegal immigration in Monroe

    Saturday, July 26 2014 6:29 PM EDT2014-07-26 22:29:54 GMT
    MONROE, La. (KNOE 8 News) - On Saturday, a small group took to the streets of the Twin Cities, to protest illegal immigration. They call themselves, Three Percenters. They say they are dedicated to action, education and reform of government, they believe has gotten too large to effectively operate. 
    MONROE, La. (KNOE 8 News) - On Saturday, a small group took to the streets of the Twin Cities, to protest illegal immigration. They call themselves, Three Percenters. They say they are dedicated to action, education and reform of government, they believe has gotten too large to effectively operate. 
  • Jamie Mayo running as the lone democrat, says he's a moderate

    Jamie Mayo running as the lone democrat, says he's a moderate

    Sunday, July 27 2014 6:40 PM EDT2014-07-27 22:40:16 GMT
    MONROE, La. (KNOE 8 News) - Most know him as Monroe's mayor, but Jamie Mayo is also the lone democrat in the Fifth Congressional District race. Mayo says he has the ability to unite people across party and racial lines and continuing in our candidate profiles we sat down with the mayor to discuss some issues he'll face on the campaign trail.
    MONROE, La. (KNOE 8 News) - Most know him as Monroe's mayor, but Jamie Mayo is also the lone democrat in the Fifth Congressional District race. Mayo says he has the ability to unite people across party and racial lines and continuing in our candidate profiles we sat down with the mayor to discuss some issues he'll face on the campaign trail.
Powered by WorldNow
All content © Copyright 2000 - 2014 WorldNow and KNOE. All Rights Reserved.
For more information on this site, please read our Privacy Policy and Terms of Service.