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Shares of MAS down 3.2 pct after fourth straight quarterly loss
February 19, 2014 / 1:15 AM / 4 years ago

Shares of MAS down 3.2 pct after fourth straight quarterly loss

KUALA LUMPUR, Feb 19 (Reuters) - Shares of national carrier Malaysian Airline System (MAS) dropped 3.2 percent on Wednesday to their lowest in a fortnight on Wednesday after announcing a fourth straight quarterly loss.

MAS was down to 30 sen at 0104 GMT. On Tuesday, the airline posted a net loss of 343.4 million ringgit for its fourth quarter ended Dec. 31, citing high costs and stiff fare competition. (Reporting By Al-Zaquan Amer Hamzah; Editing by Paul Tait)

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