Page 16 - மலேசியா விமான நிலையங்கள் ஹோல்டிங்ஸ் ப்ட் News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Newsbreak: MAHB shortlists candidates for Covid-19 screening and testing at airports
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MAHB announces appointment of Berk Albayrak as covering CEO of Istanbul Sabiha Gokcen International Airport | Money
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Travel restrictions during the Covid-19 pandemic have severely impacted the aviation industry. The International Air Transport Association (IATA) estimated airline losses globally at US$118.5 billion in 2020, a year when revenue shrank by 60.8% to US$328 billion, mirroring the 60.5% reduction in passenger numbers to 1.8 billion.
Airport Council International (ACI) likewise estimated a reduction in airport revenues globally for 2020 by US$111.8 billion or a 65.0% reduction in comparison to 2019. Last year was certainly the worst year in aviation history.
Looking forward, IATA expects continued losses with forecasted 2021 airline revenues globally growing only to US$459 billion (about RM1.9 trillion), well short of the US$838 billion achieved in 2019. Global passenger levels in the meantime are expected to grow to 2.8 billion, still 1.7 billion less than that recorded in 2019.
(MAHB) is eyeing a total investment of RM1.3bil for Subang Airport’s regeneration development (SZB) that will transform it from an airport operator to an ecosystem master developer and aviation hub in the Asia-Pacific.
KLIA Aeropolis Sdn Bhd head Randhill Singh (pic) said RM300mil would be needed for the common infrastructures and RM1bil for building lettable facilities such as hangers; factories; maintenance, repair and operations (MRO); and workshops.
He said SZB would leverage the same global technology platforms and vendors used in KL International Airport (KLIA) to have access to global practices and standards.
“It is imperative for Malaysia to consolidate its position as a hub across these segments – business and commercial aviation, helicopter ecosystem, air cargo and e-commerce logistics, centre of aviation new technologies, aerospace manufacturing and MRO – in the region.
MAHB: Cooking video at KLIA just a gimmick (VIDEO) | Malaysia
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