Malaysian Airlines swings into red
Malaysian Airlines swung into the red in the third quarter, reporting a net loss of 299.6m ringgit, down from 38.1m ringgit profit in the same period last year.
British Airways plunged into the red with a 375-million-pound loss in the past year, hit by high fuel costs and slumping demand and with no sign of immediate improvement in the downturn, the airline said on Friday.