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BRIEF-Malaysia Air posts 695 mln ringgit Q1 loss

Fri Jun 12, 2009 2:41am EDT

Stocks

   

KUALA LUMPUR, June 12 (Reuters) - Malaysian Airlines Systems (MASM.KL) first-quarter results:

* Net loss 695 mln ringgit.

* Operating loss at 138 mln ringgit.

* Sees potential hedging gain of 1.1 billion Malaysian ringgit in Q2 based on $66 per barrel oil price, says charge of 3.8 billion at end Q1 due to fuel hedges.

* Stock still suspended, at 3.26 ringgit per share.



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