15d ago
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.
15d ago
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).
15d 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).
15d ago
KUALA LUMPUR, Dec 9 (Bernama) -- The government's move to raise the e-invoice exemption threshold from RM500,000 to RM1 million starting next year is expected to encourage entrepreneurs to become more competitive in advancing their businesses.
15d 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).
15d 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.
15d 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.
15d 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.
16d ago
KUCHING, Dec 9 (Bernama) -- Sarawak state-owned airline AirBorneo will launch its official website and call centre tomorrow, marking the start of ticket sales for flights following its takeover of MASwings at the end of December this year.
16d ago
KUALA LUMPUR, Dec 9 (Bernama) -- The Prime Minister’s Department today received a hydrogen-powered Fuel Cell Electric Vehicle (FCEV), the ‘Toyota Mirai’, from the Ministry of Science, Technology and Innovation (MOSTI), marking a significant step in strengthening the nation’s agenda towards green mobility through low-carbon technology and sustainable economic growth.
16d ago
KUALA LUMPUR, Dec 9 (Bernama) -- A sharp acceleration in global wealth migration in 2025 is colliding with rapidly diverging private healthcare costs worldwide, making the availability and price of reliable private care a key factor for high-net-worth families deciding where to live, invest, or secure residence and citizenship.
16d ago
KUALA LUMPUR, Dec 8 (Bernama) -- The Energy Regulatory Insights Forum 2025 (ERI 2025), themed “Shaping a Sustainable Energy Future” has surpassed its initial target of 500 participants, reaching 600, with additional names already on the waiting list, said Energy Commission (EC) chief executive officer Siti Safinah Salleh.