Malaysia Airlines Flight 370 7 March 2016, the day before the second anniversary of the disappearance, twelve Chinese families with relatives on board the missing aircraft filed a lawsuit in Beijing, one day before the deadline for pursuing litigation against the carrier. In Kuala Lumpur, lawyer Ganesan Nethi reported that he had filed a joint lawsuit on behalf of the families of 32 passengers on 3 March 2016, explaining that most were Chinese, along with an American and a few Indians. Some Chinese boycotted all things Malaysian, including holidays and singers, in protest of Malaysia's handling of the Flight 370 investigation. Bookings on Malaysia
Malaysia Airlines Flight 370 Malaysia Airlines was struggling to cut costs to compete with a wave of new, low-cost carriers in the region. In the previous three years, Malaysia Airlines had booked losses of: RM1.17 billion (US$356 million) in 2013, RM433 million in 2012, and RM2.5 billion in 2011. Malaysia Airlines lost RM443.4 million (US$137.4 million) in the first quarter of 2014 (January–March). The second quarter—the first full quarter in the aftermath of Flight 370's disappearance—saw a loss of RM307.04 million (US$97.6 million), which represented a 75-percent increase over losses from the second quarter of 2013. Industry analysts expected Malaysia Airlines to lose further