Malaysia Airlines is Currently Losing $1.6 Million a Day Because Flights Are Near Empty [PHOTOS]
In March, Malaysia Airline Flight 370, disappeared suddenly while traveling from Kuala Lumpur to Beijing. Last month, Flight 17 was shot down while flying over Ukraine. With the two tragedies tied to them, Malaysian Airlines has not been the most popular kid in the block.
Even with the heavy damage to its reputation, the carrier is still operational, but according to Howard University professor Oliver McGee, they are burning money.
“The southeast Asia air carrier burns its cash reserves at nearly $2.16 million each day,” McGee wrote in a Linkedin Post. “Operations are losing about $1.6 million a day.”
Check out some of the tweets below by passengers, as you can see, some of the flights are near empty.
At Penang Airport, flying to Kuala Lumpur. The Malaysia Airlines check-in line is empty as a Richard Marx concert