Bullish sentiment on aviation as China continues reopening

MIDF Research says the reactivation of the remaining half of AirAsia Malaysia’s aircraft that have yet to receive airworthiness certificates will lend significantly to the support of the aviation sector in 2023. — Reuters

PETALING JAYA: Despite anticipation of roadblocks ahead, MIDF Research is expecting further recovery in the local aviation industry this year and in 2024.

This will primarily be supported by Capital A Bhd’s AirAsia, the research house said in its latest report.