MAS takes it on the chin

Shares of Malaysian Airline System (MAS) hit a record low on Monday after a 777 operated by the airline went missing over the weekend. MAS shares fell almost 18% at the open, but regained some ground to 23 sen per share. The fact is that MAS was on watch lists anyhow given its recent losses posted for 2013 at 1.17 billion ringgit and expected losses, and thus there are worries about reputational damage that could further impact on future plans. If we put the MAS share impact into context against a day when markets across Asia fell quite heavily then