Airasia Carries 63 Mln Passengers With Load Factor Of 89 Pct In FY2024

KUALA LUMPUR, Feb 12 (Bernama) -- Capital A Bhd’s aviation arm, AirAsia Aviation Group (AirAsia), carried 63.18 million passengers in the financial year ended Dec 31, 2024 (FY2024) with a load factor of 89 per cent, lifted by robust demand and strategic capacity growth. 

Global Air Passenger Demand Rises 10.4 Pct To Hit Record High In 2024 – IATA

KUALA LUMPUR, Jan 31 (Bernama) -- Global air passenger demand reached a record high in 2024, with total traffic rising 10.4 per cent compared to the previous year, according to the International Air Transport Association (IATA).

Saudi Arabia Calls For Global Collaboration To Foster Sustainable Growth At WEF

Economist Forecasts Ringgit To Reach RM4.45 Vs US Dollar By Year-end

KUALA LUMPUR, Jan 24 (Bernama) -- The ringgit is likely to trade sideways, with an end-of-year forecast of RM4.45 against the US dollar.

12 New Airlines, 16 Resumptions And 24 New Destinations Boost Airports Connectivity In 2024 - MAHB

KUALA LUMPUR, Jan 21 (Bernama) -- Malaysia experienced significant aviation growth in 2024, marked by an additional 12 new airlines, 16 resumptions and 24 new destinations, according to Malaysia Airports Holdings Bhd.

Malaysia's GDP Growth Likely To Remain Resilient At 4.5 Pct In 2025 - OCBC

KUALA LUMPUR, Jan 16 (Bernama) -- Malaysia’s gross domestic product (GDP) growth is projected to remain resilient at 4.5 per cent in 2025 compared to 5.2 per cent in 2024, driven by strong export performance and sustained domestic demand, said OCBC senior ASEAN economist Lavanya Venkateswaran.

Malaysia’s Aviation Sector Recovering, Passenger Traffic To Soar In 2025 – Loke

PUTRAJAYA,  Jan 15 (Bernama) -- The Malaysian Aviation Commission (MAVCOM) forecasts that Malaysia’s air passenger traffic will reach between 105.8 million and 112.9 million passengers this year, according to Transport Minister Anthony Loke.

BMI Expects Malaysia’s Economy To Be Resilient In 2024 At 5.0 Pct

KUALA LUMPUR, Jan 14 (Bernama) -- BMI, a Fitch Solutions company, projected Malaysia’s economy to be resilient in 2024, with a real gross domestic product (GDP) growth forecast of 5.0 per cent, supported by robust investment and resilient consumption. 

MAHB Records 11.2 Mln Passenger Movements In November, Nearing Pre-pandemic Levels

KUALA LUMPUR, Dec 18 (Bernama) -- Malaysia Airports Holdings Bhd (MAHB) reported a total of 11.2 million passenger movements across its airport network in November 2024, reflecting a robust 16.1 per cent growth compared to November 2023 and reaching 96.7 per cent of pre-pandemic levels.

MAHB Posts Higher 3Q Net Profit Of RM210.37 Mln

KUALA LUMPUR, Nov 26 (Bernama) -- Malaysia Airports Holdings Bhd (MAHB) posted a higher net profit of RM210.37 million in the third quarter ended Sept 30, 2024 (3Q 2024), compared to RM94.76 million in the same period last year.

Malaysia's Digital Economy To Reach US$31 Bln In 2024 - Report

KUALA LUMPUR, Nov 26 (Bernama) -- Malaysia's digital economy is poised to reach US$31 billion (RM138.4 billion) in gross merchandise value (GMV) in 2024, an increase of 16 per cent from 2023. 

BNM: Existing Mega Projects Will Continue To Support Malaysia's Economic Growth In 2025

KUALA LUMPUR, Nov 15 (Bernama) --  Despite the absence of mega project developments in Budget 2025, existing mega projects will continue to support Malaysia's economic growth next year, said Bank Negara Malaysia governor Datuk Seri Abdul Rasheed Ghaffour.