Manufacturing Industry

Malaysian Airlines profits from Equant NV share sale

Airline Industry Information, Dec 29, 1999

AIRLINE INDUSTRY INFORMATION-(C)1997-2000 M2 COMMUNICATIONS LTD

Malaysia Airlines has announced a profit of about USD25.9 from the sale of 304,620 shares in Equant NV, a provider of telecommunications for the airline industry.

In other news, Malaysia Airlines has announced the cancellation of 18 more international flights over the New Year changeover period due to low passenger demand.

Flights affected will be those operating between 30 December 1999 and 1 January 2000 from Amsterdam, Beirut, Cairo, Cape Town, Los Angeles, Nagoya, Perth and Shanghai.

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COPYRIGHT 1999 M2 Communications Ltd.
COPYRIGHT 2008 Gale, Cengage Learning

 

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