Malaysian Air Breakup Case Grows After Lost Jet: Real M&A
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The disappearance of Malaysian Air flight 370 may hasten a breakup of the 76-year-old unprofitable airline.
Even before the jet vanished March 8 on its way to Beijing from Kuala Lumpur, Malaysian Airline System Bhd. had run up losses of $1.3 billion in the previous three years. The incident has put the carrier under global scrutiny, jeopardizing its reputation and prompting boycotts by travel agents in China.