MAG reports RM54mil net profit for 2024


Datuk Captain Izham Ismail

KUALA LUMPUR: Malaysia Aviation Group Bhd (MAG) reported a net profit of RM54 million for 2024 and RM113 million in operating profit. 

In a statement today, the group said it achieved robust earnings before interest, taxes, depreciation, and amortisation (EBITDA) of RM788 million despite operational headwinds, including network cuts in the fourth quarter of 2024, which reduced capacity by 18 per cent.

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MAG , Malaysia Airlines , airline

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