The entry of Malindo has cost MAS to go into red, loss of RM350m in the 3rd quarter as they fight for market share. It has also caused AA to lose 77% of its profit.
I dont know how much Malindo is bleeding, must respect their bottomless pockets.
Seems Thai Lion Air on schedule for take off....but in Grand Lion Air's tradition, they already posting out letters to thousands of customers about flight cancellations to KL and Jakarta BEFORE they fly!
