By Kisho Kumari Sucedaram
GENEVA, Dec 9 (Bernama) -- Global sustainable aviation fuel (SAF) output is expected to reach 1.9 million tonnes (Mt), or equal to 2.4 billion litres, this year, double the 1 Mt produced in 2024, according to the International Air Transport Association (IATA).
From Kisho Kumari Sucedaram
GENEVA, Dec 9 (Bernama) -- A weaker US dollar is expected to benefit non-US dollar-based airlines’ profitability and margins by reducing US dollar-denominated costs such as fuel, aircraft leases and maintenance, said the International Air Transport Association (IATA).
KUALA LUMPUR, Aug 26 (Bernama) -- AirAsia X Bhd’s (AAX) net profit jumped to RM35.22 million in the second quarter ended June 30, 2025 (2Q 2025), compared to RM4.82 million in the same period a year ago.
KUALA LUMPUR, June 3 (Bernama) -- Capital A Bhd has emerged as an active stock today, with its share price rising over four per cent following its strong first quarter of 2025 (1Q 2025) performance, which saw the company’s turnaround with a net profit.
KUALA LUMPUR, May 29 (Bernama) -- The International Air Transport Association (IATA) has reported a year-on-year (y-o-y) increase in global air cargo demand for April 2025.
KUALA LUMPUR, May 28 (Bernama) -- AirAsia X Bhd (AAX) reported a lower net profit of RM50.20 million in the first quarter ended March 31, 2025 (1Q 2025) from RM80.11 million in the previous corresponding period.
KUALA LUMPUR, April 30 (Bernama) -- Airline profitability is projected to improve despite supply chain challenges remaining a significant headwind for the industry, said Public Investment Bank Bhd (PIBB).
KUALA LUMPUR, Nov 29 (Bernama) -- Research houses are anticipating a strong turnaround for Capital A Bhd in the fourth quarter of 2024 (4Q 2024), given the seasonally stronger demand and yields, lower jet fuel price and a weakened US dollar.
KUALA LUMPUR, Nov 21 (Bernama) -- Petron Malaysia Refining and Marketing Bhd’s net profit fell to RM4.63 million in the third quarter (3Q) ended Sept 30, 2024, from RM81.90 million a year earlier amid a downward trend in oil prices.
KUALA LUMPUR, Oct 24 (Bernama) -- Capital A Bhd is expected to benefit from favourable factors such as ringgit appreciation, robust air travel demand, and lower jet fuel prices amid its proposed restructuring plan, said Public Investment Bank Bhd (PIVB).
