Malaysian - Det går den rette veien - Curt Lewis

CEO Says Malaysia Airlines Has First Monthly Profit in Years
Malaysia Airlines Berhad chief executive Christoph Mueller speaks during an interview with the Associated Press at Malaysia Airlines office in Sepang, Malaysia on Wednesday, April 6, 2016. 

The chief executive of Malaysia Airlines said Wednesday that the carrier recorded a profit in February, its first positive monthly result in years, and is on track to return to the black by 2018.

In an interview with The Associated Press, CEO Christoph Mueller described the airline as a "ship that has many leaks," but said the monthly profit was a sign that things are on the right track. He said revenue has improved and costs are down, underpinned by low jet fuel prices.

Twin disasters in 2014, including the disappearance of Flight 370 en route from Kuala Lumpur to Beijing, hurt the airline's reputation. But Mueller said its main problems were an unsustainable network of routes, high operating costs and archaic information technology systems, among others.

"Our target is to break even by 2018," said Mueller, a turnaround veteran hired a year ago under a $1.5 billion overhaul that included cutting 6,000 jobs and axing unprofitable routes.