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From Kisho Kumari Sucedaram
GENEVA, Dec 10 (Bernama) -- The International Air Transport Association (IATA) has welcomed efforts to resume the search for missing Malaysia Airlines Flight MH370 later this month, saying the global aviation community remains determined to uncover the truth behind the aircraft’s disappearance.
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) -- 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).
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).
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.
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.
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.
KUALA LUMPUR, Dec 5 (Bernama) -- Bursa Malaysia remained lower at midday today, with the benchmark index down 0.54 per cent, due to persistent selling in selected heavyweights, led by the financial services, telecommunications, and media sectors.
KUALA LUMPUR, Dec 3 (Bernama) -- Bursa Malaysia opened higher today in sync with Wall Street’s overnight gains as sentiment was bolstered by the return of interest in risky assets underscored by gains in Bitcoin.
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).
KUALA LUMPUR, Dec 1 (Bernama) -- Bursa Malaysia remained higher at mid-afternoon, supported by persistent buying in selected heavyweights led by financial services, utilities, and industrial products and services sectors.
KUALA LUMPUR, Dec 1 (Bernama) -- The Employees Provident Fund (EPF) has appointed Mohamad Hafiz Kassim as its new chief investment officer (CIO) and Ahmad Rizal Omar as chief financial officer (CFO), both effective today.
