Jump in tourist numbers a boon to MAHB

Kenanga Research says it expects traffic trajectory to grow in the subsequent months as airlines continue to reactivate more aircraft to match increasing demand.

PETALING JAYA: Tourist arrivals in Malaysia are expected to jump four-fold to 9.6 million in 2023 from an estimated 2.5 million a year ago, thanks to the return of business and leisure air travel post Covid-19 pandemic.

Kenanga Research said in a report that the revocation of all on-arrival quarantine and testing requirements in Malaysia last August and the gradual reopening of China, which historically contributed to an estimated 12% of total tourist arrivals in Malaysia, will also help boost arrivals.