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Mavcom: Aviation industry seeing signs of recovery in domestic market

PETALING JAYA: The aviation industry is seeing encouraging signs of recovery in the domestic market following an increase in Air Traffic Rights (ATR) applications for domestic routes in the fourth quarter of 2021, says Malaysian Aviation Commission (Mavcom).

Malaysia generalKota baruSaripuddin kasimJohor baruAirasiax bhdFlyfirefly sdn bhdAirasia bhdM jets international sdn bhdMyjet express airlines sdn bhdMalindo airways sdn bhdService licenceMalaysia airlines bhdWorld cargo airline sdn bhdMalaysian aviation commission mavcomAir traffic rightsMalaysian aviation commission

Virus to erase RM1 7t from airline industry s revenue in 2021, says IATA

Virus to erase RM1 7t from airline industry s revenue in 2021, says IATA
themalaysianreserve.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from themalaysianreserve.com Daily Mail and Mail on Sunday newspapers.

Brian pearceAirasiax bhdAirasia bhdMalindo airways sdn bhdMalaysia airlines bhdInternational air transport association

AirAsia shares drop further, salary cut for top management

AirAsia shares drop further, salary cut for top management
themalaysianreserve.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from themalaysianreserve.com Daily Mail and Mail on Sunday newspapers.

Hong kongRepublic ofSouth koreaIzham ismailTharumalingam kanagalingamAirasiax bhdGroup bhdMalindo airways sdn bhdMalaysia airlines bhdInternational air transport associationMalaysian aviation commissionFree munchMalaysian reserveNorth asiaAirways sdn bhd

Mavcom extends Air Traffic Rights moratorium to support aviation sector recovery

Mavcom extends Air Traffic Rights moratorium to support aviation sector recovery
thesundaily.my - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thesundaily.my Daily Mail and Mail on Sunday newspapers.

Malaysia generalDatuk saripuddin kasimMyjet xpress airlines sdn bhdMalindo airways sdn bhdService licenceService permitWorld cargo airline sdn bhdMalaysian aviation commission mavcomQuality of service frameworkMalaysian aviation commissionAir traffic rightsCargo airline sdn bhdAir service permitAir service licenceService frameworkMalaysian aviation consumer protection code

Airline rescues and restructuring gathering speed, but headwinds abound

MALAYSIA Airlines Bhd (MAS) appears to have a head start on its closest rivals AirAsia Group Bhd, AirAsia X Bhd (AAX) and Malindo Airways Sdn Bhd after closing a restructuring deal that sees it emerging with a stronger balance sheet, having eliminated some RM10 billion in debt. Last week, the UK court approved the national airline’s plan to restructure more than RM15 billion in liabilities, which effectively removes “decades-long legacy issues in its balance sheet”, its parent Malaysia Aviation Group Bhd (MAG) says. The plan includes a RM3.6 billion lifeline from its sole shareholder Khazanah Nasional Bhd to support the carrier’s new five-year business plan, which envisages MAS returning to profitability from 2022.

Kuala lumpurHong kongUnited kingdomKhair mirzaKhazanah nasional bhdAirasiax bhdStanley choi chiuSepang sdn bhdAsia pacific conrad cliffordShukor yusofMacquarie aircraft leasing services ireland ltdSabah development bank bhdMalindo airways sdn bhdBoom ltdHead shoulders financial groupKuala lumpur international airport