Company Watch - Malaysia Airlines.Mar 5, 2007 Malaysia Airlines[sup.1] MASkargo, the company's airfreight air·freight n. 1. A system of transporting freight by air. 2. The amount charged for transporting freight by air. air division, was a bright spot. Its full-year revenue increased 8% to MYR MYR In currencies, this is the abbreviation for the Malaysian Ringgit. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 2.5 billion and net earnings were MYR150 million, a record cargo profit for the airline. Feb 27, 2007 Malaysia Airlines yesterday reported a net loss of MYR136 million ($39 million) for full-year 2006, improved over a loss of MYR1.7 billion the prior year. "The improvement is the result of a considerable increase in revenue due to major improvements in passenger and cargo yields, network restructuring, improvement in productivity and cost savings," the airline said in a statement. Malaysia said it would have earned a net profit of MRY MRY Monterey Peninsula Airport (California) MRY Monterey / Carmel, CA, USA - Monterey Peninsula Airport (Airport Code) MRY Moore, Ruble, Yudell Architects and Planners (Santa Monica, California) 676 million if fuel costs and aircraft lease rates had remained constant. Passenger revenue was up 10% to MYR9.3 billion from MYR8.5 billion the previous year. Yield increased 21% to MYR0.24 as RASK grew 17% to MYR0.17. Feb 27, 2007 KLM KLM Kaiserliche Marine (Enigma: Rising Tide game) KLM Koninklijke Luchtvaart Maatschappij (Royal Dutch Airlines) KLM Klub Langer Menschen (German: Tall Person Club) and Malaysia Airlines are strengthening their codeshare cooperation to include MAS flights from Kuala Lumpur Kuala Lumpur (kwä`lə l  m`pr), city (1990 est. pop. to Penang, Langkawi
and Kota Kinabalu. KLM passengers arriving from Amsterdam will have
access to the flights from March 1. Feb 28, 2007
Malaysia Airlines reported a net profit of MYR121 million for the fourth quarter, reversed from a net loss of MRY611 million in the year-ago quarter. MD and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Idris Jala credited the "single-mindedness" of the company's Business Turnaround Plan unveiled last February with improving its earnings toward the end of the year. "We have exceeded all our BTP (Business Transaction Protocol) An XML-based protocol from OASIS that adds the type of validation to transactions in a Web services environment that are normally performed by the two-phase commit within an enterprise. financial targets," he said, but warned that the carrier "cannot afford to be complacent. . .We are not out of the woods yet." Feb 27, 2007 03/05/2007 Editor: Aram Gesar, eMail: edit@AirGuideOnline.com For Air Transport & Travel Business Experts contact eMail: bizintel@AirGuideOnline.com For more global news, reviews, features and analysis, please subscribe to our Newsletters: http://www.airguideonline.com/order_formsubs.htm#news To Advertise: advert@AirGuideOnline.com Copyright [c] 2007 Air Travel Media / Pyramid Media Group. All rights reserved. Feb 26, 2007 |
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