2m ago
From Kisho Kumari Sucedaram
GENEVA, Dec 9 (Bernama) -- Global aircraft delivery shortfalls in 2025 now total at least 5,300 aircraft, making aircraft availability one of the most significant constraints on industry growth, according to the Geneva-based International Air Transport Association (IATA).
2m ago
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).
2m ago
From Kisho Kumari Sucedaram
GENEVA, Dec 9 (Bernama) -- The Asia-Pacific region is expected to remain the largest contributor to global traffic growth, with lead factors projected to reach 84.4 per cent next year - an all-time high for the region.
2m ago
From Kisho Kumari Sucedaram
GENEVA, Dec 9 (Bernama) -- Global airlines are expected to set a new record of a combined total net profit of US$41 billion (US$1=RM4.11) in 2026, up from US$39.5 billion this year, while the net profit margin is expected to remain unchanged from 2025 at 3.9 per cent.
2m ago
From Kisho Kumari Sucedaram
GENEVA, Dec 9 (Bernama) -- Sustainable aviation fuel (SAF) production is falling far short of global expectations, forcing airlines to reconsider their 2030 green targets, said International Air Transport Association (IATA) director general Willie Walsh.
2m ago
KUALA LUMPUR, Dec 9 (Bernama) -- The Centre for Entrepreneur Development and Research (CEDAR) - the capacity building and training arm of SME Bank - has empowered more than 3,000 micro-entrepreneurs nationwide through the “Maju Usahawan MADANI” (MUM) initiative.
2m ago
By Kisho Kumari Sucedaram
KUALA LUMPUR, Dec 3 (Bernama) – Ethiopian Airlines is strengthening its presence in the Asia-Pacific region, with Malaysia emerging as one of its fastest-growing markets amid surging air travel demand between Africa and Asia.
2m ago
By Kisho Kumari Sucedaram
KUALA LUMPUR, Dec 2 (Bernama) -- Asia Pacific remains the world’s fastest-growing aviation region, with demand continuing to outpace capacity amid supply chain pressures, said the International Air Transport Association (IATA).
3m ago
KUALA LUMPUR, Nov 5 (Bernama) -- Petroliam Nasional Bhd (Petronas) and Canada’s Pembina Pipeline Corporation have signed a 20-year agreement for 1.0 million tonnes per annum (mtpa) liquefaction capacity at the Cedar Liquefied Natural Gas (LNG) facility through their subsidiaries.
3m ago
By Kisho Kumari Sucedaram
KUALA LUMPUR, Oct 31 (Bernama) -- Ascend Airways Malaysia has received its air operator certificate (AOC) and air service permit (ASP) from the Civil Aviation Authority of Malaysia (CAAM) on Thursday, marking a crucial step forward to commencing commercial operations in Malaysia.
4m ago
By Sharifah Hunaini Syed Ismail, Niam Seet Wei and Kisho Kumari Sucedaram
KUALA LUMPUR, Oct 10 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim has galvanised RM470 billion resources in Budget 2026, prioritising economic resilience and expanded support for small businesses to future-proof the economy amid persistent global uncertainties and regional headwinds and also goes hard on enforcement to prevent economic leakages.
4m ago
By Mikhail Raj Abdullah, Kisho Kumari Sucedaram and Norsyafawati Ab Wahab
KUALA LUMPUR, Oct 10 (Bernama) – Higher exports of semiconductors and artificial intelligence (AI) edge applications will be among a slew of factors sustaining Malaysia’s economic growth next year at a commendable rate of between 4.0 and 4.5 per cent – against 4.0 to 4.8 per cent this year – despite acute trade challenges, the Ministry of Finance (MoF) said today.