Ascend Airways Malaysia Optimistic On ACMI Business With Operations Targeted For Mid-November

By Kisho Kumari Sucedaram

KUALA LUMPUR, Aug 28 (Bernama) — Ascend Airways Malaysia is confident of the prospects of its aircraft, crew, maintenance and insurance (ACMI) business, with operations targeted to commence by mid-November this year in line with rising demand and interest in Malaysia and the Asia-Pacific region.

Malaysia Invites Global ACMI Providers, Investors To Tap Asia-Pacific Aviation Growth

KUALA LUMPUR, Aug 28 (Bernama) -- Malaysia invites global aircraft, crew, maintenance and insurance (ACMI) providers and investors to anchor their operations in the country, leveraging its strategic location and strong connectivity to expand across the Asia-Pacific region.

AirAsia X Net Profit Soars To RM35.22 Mln In 2Q

KUALA LUMPUR, Aug 26 (Bernama) -- AirAsia X Bhd’s (AAX) net profit jumped to RM35.22 million in the second quarter ended June 30, 2025 (2Q 2025), compared to RM4.82 million in the same period a year ago. 

US Tariff Reduction Not Conditional On MAS Buying 30 Boeing Aircraft - MITI

KUALA LUMPUR, Aug 26 (Bernama) -- The Investment, Trade and Industry Ministry (MITI) has reiterated that the United States (US) tariff reduction to 19 per cent from 25 per cent was not conditional on Malaysia Airlines (MAS) purchasing 30 Boeing aircraft.

LFG Unit To Acquire Vessel For US$13.25 Mln

KUALA LUMPUR, Aug 20 (Bernama) -- Lianson Fleet Group Bhd’s (LFG) indirect wholly-owned subsidiary Kangsar Corporation Pte Ltd has entered into a memorandum of agreement to acquire a vessel MV Moana BAQ for a cash consideration of US$13.25 million (RM55.95 million). 

ACE Market-bound Express Powerr To Raise RM36.0 Mln From IPO

KUALA LUMPUR, Aug 20 (Bernama) -- Generator rental services provider Express Powerr Solutions (M) Bhd which is en route to be listed on the ACE Market of Bursa Malaysia on Sept 24, 2025, is expected to raise RM36.0 million through its upcoming initial public offering (IPO).

Avangaad Signs Agreement To Sell FSO Vessel For US$10.5 Mln

KUALA LUMPUR, Aug 13 (Bernama) -- Avangaad Bhd has signed a memorandum of agreement to sell its floating storage and offloading (FSO) vessel, FOIS Nautica Tembikai, to MTC Energy Sdn Bhd for US$10.5 million (RM44.5 million).

Modenas Marks 30th Anniversary With Export Growth Drive, Bigger Product Lineup

KUALA LUMPUR, Aug 12 (Bernama) -- National motorcycle manufacturer Motosikal dan Enjin Nasional Sdn Bhd (Modenas) is charting an ambitious growth path with plans to expand its product lineup, boost exports and scale up production capacity in the coming years, as it celebrates three decades of operations.

MAG’s Boeing Order Tailwinds 13MP’s Economic Blueprint

KUALA LUMPUR, Aug 9 (Bernama) -- Malaysia Aviation Group’s (MAG) purchase of 30 Boeing 737 MAX aircraft is a strategic manoeuvre aligned with the goals of the 13th Malaysia Plan (13MP) for economic transformation, industrial upskilling, and global trade recalibration.

Boeing Aircraft Acquisition Part Of MAG's Long-term Fleet Renewal, Capacity Expansion Plan - Tengku Zafrul

KUALA LUMPUR, Aug 4 (Bernama) -- The acquisition of Boeing aircraft by Malaysia Aviation Group (MAG) is part of a long-term, phased plan to renew and expand the fleet’s capacity, said Minister of Investment, Trade and Industry Tengku Datuk Seri Zafrul Abdul Aziz.

HERE, EROAD Expand Partnership To Deliver Smart Trucking Solutions In Oceania

KUALA LUMPUR, July 31 (Bernama) -- HERE Technologies, a global leader in digital mapping and location data, is expanding its collaboration with fleet management and telematics provider EROAD to power EROAD’s first vehicle-aware navigation application for Oceania.

From Setup To Shutdown, Sadhana Offers Turnkey Demolition And Salvage Solutions  

KUALA LUMPUR, July 13 (Bernama) -- Sadhana Demolition & Engineering Sdn Bhd could be the ideal partner for companies looking to make new investments, launching manufacturing plants, or even exiting operations in Malaysia.