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Malaysia Aviation Group on track to break even in 2023 but faces fuel, forex headwinds

MALAYSIA Aviation Group Bhd (MAG), which narrowed its full-year net loss for 2021 by 60% over the preceding year, remains on track to achieve break-even in 2023 as part of its Long Term Business Plan 2021-2025 (LTBP 2.0). However, group CEO Captain Izham Ismail warns of headwinds from fuel and foreign exchange (forex) volatility, which could affect the target.

AirAsia studying viability of Sibu-Singapore route | Daily Express Online

AirAsia is looking into the viability of having a new Sibu-Singapore round trip route following requests from people in the state’s central region, said Sarawak Transport Minister Datuk Seri Lee Khim Shin

Malaysia s Latest Ultra Low-Cost Carrier MYAirline Spotted Taxiing In KLIA

Malaysia Airports Recorded 52% Increase In International Traffic In March Prior To Border Reopening

Malaysia Airports’ network of airports nationwide had recorded 52% increase in international traffic in March compared to the preceding month. The increase recorded by the 420,000 international passenger movements was due to the implementation of various Vaccinated Travel Lane (VTL) programmes between Kuala Lumpur and Singapore, Bangkok, Phuket and Phnom Penh as well as between Penang and Singapore.

AirAsia studying possibility of mounting Sibu-Singapore route, says Sarawak transport minister | Malaysia

SIBU, May 9 AirAsia is looking into the viability of having a new Sibu-Singapore round trip route following requests from people in the state’s central region, said Sarawak Transport Minister Datuk Seri Lee Khim Shin. He said that during a recent meeting with AirAsia, the state had also.

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