LATEST NEWS   The RM5 billion microfinancing facility announced today is separate from the RM5 billion Special SME Assistance Facility by BNM as well as the RM5 billion under the SJPP - MoF | The MADANI Government is providing micro-financing facilities totalling over RM5 billion in 2026, expected to benefit over 400,000 micro-entrepreneurs, with loans of up to RM100,000 - MoF | At 6 pm, the ringgit depreciated to 3.9300/9330 against the greenback from 3.9285/9325 at Wednesday’s close. | 

AirAsia Carries Over 45 Million Passengers Year-to-date -- Capital A

KUALA LUMPUR, Oct 28 (Bernama) -- AirAsia has carried over 45 million passengers year-to-date, maintaining a high load factor of 90 per cent, said Capital A Bhd. 

In its aviation operating statistics, it said the group delivered robust operational performance, maintaining a remarkably high load factor of 89 per cent in the third quarter of 2024 (3Q 2024) despite a seasonally slower quarter.  

“Third quarter passenger traffic increased by eight per cent year-on-year (y-o-y) to nearly 16 million on the back of similar growth in seat capacity,” it said. 

Meanwhile, Capital A said that despite closing down permanently one existing hangar in KL International Airport (KLIA), Asia Digital Engineering's (ADE) hangar capacity still expanded from seven lines to 12 during the quarter, following the launch of the first six lines of its newly constructed 14-line maintenance, repair and operations (MRO) hangar in August.

“In 3Q 2024, ADE completed 13 base maintenance checks, a slight decline compared to the prior year. Meanwhile, the line maintenance checks completed in this quarter surpassed 3,000, a 17 per cent y-o-y increase driven by the operational launch of ADE in the Philippines and Indonesia,” it added. 

It said Teleport maintained its strong growth trajectory in 3Q 2024, moving 77,341 tonnes, a 31 per cent year-on-year increase and a 21 per cent rise from the previous quarter while BigPay's user acquisition remained steady, with quarterly carded users increasing by eight per cent y-o-y to reach 1.6 million.

-- BERNAMA