MAHB unaffected by turbulence at MYAirline


Travel resurgence: Passengers in the Kuala Lumpur International Airport. MAHB is not expected to see major fallout from troubles at a local budget airline. — Bernama

PETALING JAYA: The possible shutdown of the country’s second low-cost carrier MYAirline will not be overly damaging to Malaysia Airports Holdings Bhd (MAHB), according to CGS-CIMB Research.

The research house said this is because MYAirline is primarily domestic in nature and had only 9% market share of domestic Malaysia seat capacity at its peak in August 2023.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
MAHB , MYAirline , shutdown , carrier ,

Next In Business News

CIMB is said to consider selling Philippines business
Honda Malaysia rolls out new City Hatchback from Melaka plant
PETRONAS CEO warns of LNG ‘bloodbath’ risks as prices surge
A trader’s guide to navigating Malaysia’s 2027 Budget plan
Taiwan shares scale record high as softer US payrolls boost Asian equities
Wil-Key gets Bursa approval for ACE Market listing
SCA Solutions signs underwriting agreement for ACE Market IPO
Emerging Asia banks have buffers to withstand strong El Ni�o, says S&P
AI to drive Asean+3 growth
Khazanah’s Dana Impak mobilises RM2.6bil in investments

Others Also Read