KUALA LUMPUR: Malaysia Airlines Bhd says it remains on track to be profitable in the second half of next year after experiencing a tough second quarter. The national carrier said its passenger revenue for the second quarter rose eight per cent, amid heightened competition and adverse forex movement. Malaysia Airlines’ load factor remained stable at 77.8 per cent, a marginal reduction from 79.4 per cent in the first quarter this year. Technical issues, severe weather, air traffic control delays and operational constraints led to a 5 per cent reduction in on time performance (OTP). The A350s will operate Malaysia Airlines’ flagship service to London Heathrow from the first quarter of 2018.

Source: New Strait Times September 08, 2017 12:22 UTC