Malaysia Airports in for more headwinds arising from Covid-19

MIDF Research, meanwhile, said it expects to see lower passenger traffic for MAHB’s international segment this month.

PETALING JAYA: Malaysia Airports Holdings Bhd’s (MAHB) operations may weaken further before improving, as the global aviation sector continues to face headwinds from rising Covid-19 cases.

Maybank Investment Bank Research (Maybank IB) in a report yesterday said MAHB’s Malaysian passenger traffic may fall year-on-year (y-o-y) this month by a wider percentage, as airlines cut capacity after experiencing lower load factors in February.