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Malaysian arlines losses deepen

Kuala Lumpur - Malaysia Airlines (MAS) posted a loss of 576.1 million ringgit ($169.46m) in the third quarter, dragged down by the impact of the twin tragedies that hit the national carrier earlier this year, the airline said on Friday.

The July to September loss was higher than the 375.4-million-ringgit loss it suffered in the same period last year.

"The double impact of MH370 and MH17 incidents and the continued intensified competition resulted in lower seat factor (proportion of available seats being filled) by 11.5 percentage points to 73%," it said in the report.

"Despite a 2% capacity increase, the group's operating revenue decreased by 12% to 3.325 million ringgit as compared to the same quarter last year," it added.

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