MAG President And Group CEO Capt Nasaruddin Appointed To IATA Governing Board For 3-year Term

KUALA LUMPUR, June 12 (Bernama) -- Malaysia Aviation Group (MAG) president and group chief executive officer Captain Nasaruddin A. Bakar has been appointed to the board of governors of the International Air Transport Association (IATA) during its 82nd annual general meeting in Rio de Janeiro, Brazil.

Khazanah: Investments Key To Malaysia’s Next Growth Phase

KUALA LUMPUR, June 9 (Bernama) -- Malaysia must ensure that investments are channelled towards strengthening firms, deepening industrial linkages, and building higher-value capabilities to support the country’s next phase of economic development.

SAF Production At Only 0.8 Pct Of Aviation Fuel Use Is Disappointing, Says IATA

KUALA LUMPUR, June 7 (Bernama) -- The global Sustainable Aviation Fuel (SAF) production is expected to reach around 2.4 million tonnes in 2026, representing just 0.8 per cent of aviation fuel use and at a cost of of US$4.3 billion to airlines, the International Air Transport Association (IATA)’s estimates revealed.

Airasia X Dismisses Reports Of Philippines Airasia Shutdown, It Remains Operational

KUALA LUMPUR, June 4 (Bernama) -- AirAsia X has denied recent media reports claiming that Philippines AirAsia operations have been grounded.

Vista Leverages Floating Fleet Model To Maintain Operation Efficiency Amid Geopolitical Uncertainties

By Danni Haizal Danial Donald

KUALA LUMPUR, June 3 (Bernama) -- Global private aviation company Vista Global Holding Ltd (Vista) leverages its floating fleet model to maintain operational efficiency and service resilience amid heightened geopolitical uncertainties.

Malaysia Remains Central To VistaJet's Growth Strategy As Regional, Global Travel Gateway

By Danni Haizal Danial Donald

KUALA LUMPUR, June 2 (Bernama) -- Malaysia remains a key market for VistaJet’s global growth strategy, underpinned by the country’s strategic position as a gateway to Southeast Asia and its importance as a hub for both regional and international travel.

Stoneshield Capital To Increase Stake In Exolum To 20 Pct

KUALA LUMPUR, May 25 (Bernama) -- Stoneshield Capital, a European real assets investment firm, has signed an agreement to acquire a 15 per cent stake in Exolum from OMERS, building on its existing investment in the company.

KPK, KPDN Collaborate To Improve Agricommodity Logistics Chain -- Akmal Nasrullah

KUALA LUMPUR, May 25 (Bernama) -- The Ministry of Plantation and Commodities (KPK) and the Ministry of Domestic Trade and Cost of Living (KPDN) will collaborate to improve the agribusiness sector’s logistics chain in response to the impact of the global supply crisis.

Malaysia Airlines Marks 200th Boeing Aircraft Delivery With Latest 737-8 Arrival

KUALA LUMPUR, May 24 (Bernama) -- Malaysia Airlines has welcomed the delivery of its fourth Boeing 737-8 aircraft this year.

ADE Secures US$100 Mln Financing From QNB Group To Accelerate Expansion, Strengthen Regional Position

KUALA LUMPUR, May 22 (Bernama) -- Asia Digital Engineering (ADE), the maintenance, repair and overhaul (MRO) subsidiary of Capital A Bhd, has secured a US$100 million (US$1=RM3.95) financing facility from QNB Group, a financial institution in the Middle East and Africa.

MAG Expects Jet Fuel Prices To Hover At US$120-US$130 Over The Next One Year

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, May 20 (Bernama) -- Malaysia Aviation Group (MAG) expects jet fuel prices to hover between US$120 and US$130 per barrel over the next one year, based on current forward market indications, as airlines continue navigating geopolitical tensions and fuel supply disruptions affecting the aviation industry. 

Berjaya Air Targets Two New ATR 72-600 Highline Aircraft By Year-end With RM70 Mln Capex

SUBANG JAYA, May 20 (Bernama) -- Berjaya Air Sdn Bhd is targeting ownership of two new ATR 72-600 Highline aircraft by the end of this year, with an annual capital expenditure (capex) of RM70 million.