Boss of Malaysian budget airline Firefly resigns

The boss of Malaysian budget airline Firefly has resigned, reports the BBC's Jennifer Pak.

Eddy Leong's surprise departure comes at a time when parent group Malaysia Airlines says it does not expect to make a profit for the remainder of the year.

Malaysia blames higher fuel costs, and less demand for flights to and from Europe.

While Firefly has been making a profit, aviation analysts say it may find itself squeezed by Malaysia's deal with seperate budget airline Air Asia.

Although details have yet to be released, Malaysia and Air Asia are expected to eliminate any overlapping routes.

http://www.bbc.co.uk