Malaysia Airlines suspends share trading ahead of announcement

Malaysia Airlines has reported a net loss of $104 million in its second quarter and said its earnings in the second half would be hit by lower passenger bookings after the two disasters this year.

Major changes at Malaysia Airlines were foreshadowed earlier this month following the twin disasters of flights MH370 and MH17.

Shares in Malaysia Airlines, the company hit by two air disasters this year, have been suspended ahead of a significant announcement.

Photo: Big changes are tipped for Malaysia Airlines following two aviation tragedies this year.

Read more here: ABC


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