Malaysia Airlines unveils growth plan
Malaysia Airlines has unveiled a five-year growth plan to swell its annual profit to at least $454 million by 2012 through cost-cutting measures, lower fares and network expansion.
AP Dec 22, 2009 5:10 am National carrier Malaysia Airlines said Tuesday it would buy up to 25 new Airbus A330-300 planes and raise $778 million to help fund the fleet expansion as it bets economic recovery will boost the beleaguered airline industry.