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MH370 pushes Malaysia Airlines to wider Q1 loss

Relatives of victims of crashed MH370 flight protest in Beijing
Relatives of victims of crashed MH370 flight protest in Beijing
Relatives of victims of crashed MH370 flight protest in Beijing

Malaysia Airlines on Thursday announced that it posted a wider loss in the first quarter year-on-year as the impact of flight MH370’s disappearance added to the struggling carrier’s woes.

The state-controlled airline said it posted a net loss of 443 million ringgit ($137 million) for the three months ending March 31, compared to a 279 million ringgit loss in the same quarter in 2013.

More to follow…

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