Tajuddin was picking up in profitability if not for the unexpected currency attack by Anwar Ibrahim's financier George Soros. No one could have survived in such a market.
But why did post-Tajuddin profitability was still erratic despite stable ringgit, no asset to deal and no domestic route to bring down profitability? Why is MAS with subsidise fuel is still making losses as compared to other Airlines?
Puzzling isn't it.
But why did post-Tajuddin profitability was still erratic despite stable ringgit, no asset to deal and no domestic route to bring down profitability? Why is MAS with subsidise fuel is still making losses as compared to other Airlines?
Puzzling isn't it.
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