What was the main reason for Malaysia Airlines' financial struggles in the early 2010s?
Rise of low-cost carriers
Fuel price increase
Decreased demand for air travel
Mismanagement
Answer
Malaysia Airlines faced financial struggles in the early 2010s due to the rise of low-cost carriers in the region. This increased competition forced the airline to cut costs and restructure its operations.
Malaysia Airlines: Soaring High Through the Skies - Test Your Knowledge!