Malaysia aviation

Southeast Asia’s second-biggest budget carrier by market value reported a net loss of RM992.9 million ($325.8 million) in the three months ended June 30 versus net income of RM17.3 million a year ago.

SINGAPORE (Nov 25): The Civil Aviation Authority of Malaysia (CAAM) has sought to allay concerns over the recent US downgrade of its safety rating, saying it was purely on its regulatory oversight function. But aviation experts expect the drop in rating t