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Compensation may push Malaysian Airlines to bankruptcy

2014-03-25 14:09 Ecns.cn Web Editor: Gu Liping
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The news conference on the missing Malaysia Airlines Flight MH370 is held in Kuala Lumpur, Malaysia, March 25, 2014. (Xinhua/Wang Shen)
The news conference on the missing Malaysia Airlines Flight MH370 is held in Kuala Lumpur, Malaysia, March 25, 2014. (Xinhua/Wang Shen)

(ECNS) -- The compensation for passengers aboard flight MH370 may lead Malaysian Airlines System(MAS)to bankruptcy or restructuring, as it has lost a total of 7.7 billion yuan ($1.245 billion) in the past three years, according to financial reports of MAS. [Special coverage]

Malaysian Prime Minister Najib Razak announced on Monday night that the plane "ended" in the south Indian Ocean, adding that the conclusion was based on an unprecedented analysis of satellite data.

Families of the Chinese passengers aboard the missing plane issued a statement Tuesday morning condemning the Malaysian government, military and Malaysian Airlines, saying they are the real "killer".

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