KUALA LUMPUR: Malaysia’s aviation industry has a fairly stable 2018 with airlines showing greater efficiency in operations but overall growth has been slowing down as the industry heads towards a matured phase.
Maybank Kim Eng analyst Mohsin Aziz said growth in passenger movement for this year was likely to be 2%, relatively lower than during the 17-year period in the country from 2000-2016, where growth was at almost 8% per annum on the back of cheap airfares and higher average flight per population.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!