KUALA LUMPUR: Malaysia Airports Holdings Bhd sees a gradual recovery in domestic air travel over the next few months once daily Covid-19 cases are reduced, interstate travel restrictions are lifted and confidence of air travellers builds up with the increasing number of populations vaccinated.
“We look forward to seeing the opening of borders between Malaysia and Indonesia and anticipate that this would facilitate the movement of business travellers between the two countries, ” said MACEOS president Francis Teo (pic) in a statement.
PETALING JAYA: The travel bubble between Malaysia and Indonesia would not have significant impact on the aviation sector as strict travel conditions may limit passenger traffic.
It was reported that Malaysia has been given the green light by Indonesia over a Reciprocal Green Lane/Travel Corridor Arrangement (RGL/TCA) travel bubble between both nations.
A bank-backed research analyst told StarBiz the travel bubble was likely to have strict conditions and limitations for travellers, and hence, the positive impact to the aviation sector and companies like AirAsia Group Bhd
15 Feb 2021 / 23:31 H.
PETALING JAYA: Malaysia Airports Holdings Bhd’s (MAHB) network of airports recorded 2.1 million passenger movements in January 2021, a contraction of 82.6% compared with January 2020.
The international and THE domestic sectors recorded 500,000 and 1.6 million passenger movements with year-on-year contractions of 91.3% and 74% respectively in the same period last year.
On a last-12-months basis, the total MAHB network registered 33.1 million passenger movements. Overall aircraft movements declined by 72.1% over January 2020, while international and domestic aircraft movements contracted by 80.1% and 66.8% respectively.
Airports in Malaysia registered 800,000 passenger movements in January 2021, a contraction of 91.6% on-year over the same period in 2020.
“Malaysia passenger movements continued to be affected by the interstate travel ban under the movement control order imposed from Jan 13, 2021. The renewed restriction was imposed in response to the re
KUALA LUMPUR (Feb 10): The main index at Bursa Malaysia pared some of its gains at mid-morning today as investors turned cautious amid muted trading at regional markets.
Local investors are also awaiting the fourth quarter 2020 gross domestic product (GDP) data to be released by Bank Negara Malaysia on Feb 11.
At 10am, the FBM KLCI was up 1.3 points at 1,587.43. The index had earlier risen to a high of 1,592.27.
Losers overtook gainers by 503 to 317, while 398 counters traded unchanged. Trading volume was 1.41 billion shares valued at RM853.51 million.
The gainers included Widetech (M) Bhd, PPB Group Bhd, Malaysia Airports Holdings Bhd, RCE Capital Bhd and Ann Joo Resources Bhd.