Capital A to benefit the most from MYAirline's suspension, says Maybank IB

Abrupt end: MYAirline planes parked on the tarmac after the suspension of its service at KLIA2 in Sepang, Selangor. — GLENN GUAN/The Star

KUALA LUMPUR: Malaysia Airports Holdings Bhd (MAHB) is expected to be mildly negatively impacted on fewer passengers and potential provision for doubtful debts following the suspension of MYAirline Sdn Bhd's (MYAirline) operations, said Maybank Investment Bank (Maybank IB).

In its research note today on Malaysia Aviation, it said AirAsia X Bhd (AAX) would not be impacted at all while Capital A Bhd stands to benefit the most via higher fares.