Malaysia Airlines : financial performance with reference to risks / Mohamed Sham Haji Ahmad

This research examines the current performance of Malaysia Airline's financial situation and the performance of previous years. It also study on the effects of risks associated with the nation's monopolistic air transport operator throughout the period of ten years financial review. Relevant articles are used to gather sufficient materials to help develop this paper. Since Malaysia Airlines is a member of the Malaysian Association of Risk and Insurance (MARIM), thus it offers an opportunity to explore the scope of Risk Management currently engaged by the airline. Risk Management is relatively new in the Malaysian industry thus not many organizations establish their Risk Management departments. In practice, Risk Management is not insurance and if a person assumes that Risk Management is insurance, he is totally wrong!. It involves every department in an organization and deals with pure and speculative risks. There are altogether five chapters in this project paper comprising an INTRODUCTION, mainly discussed on what is Risk Management and how to go about with the research; HISTORICAL BACKGROUND, extract of the past events of the airline; LITERATURE REVIEW, mentioned about the application of theoretical Risk management concepts in the current situation; ANALYSIS ;• examines the loss of revenue with reference to risk and finally RECOMMENDATION AND CONCLUSION