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MAHB incurs a net loss of RM685mil in Q4
KUALA LUMPUR: Hit by the ongoing revenue slump, Malaysia Airports Holdings Bhd (MAHB) recorded a net loss of RM685.02mil in the fourth quarter ended Dec 31,2020, versus a net profit of RM29.51mil a year ago.
MAHB records 4Q net loss of RM685.02mil
KUALA LUMPUR: Hit by the ongoing revenue slump, Malaysia Airports Holdings Bhd recorded a net loss of RM685.02mil in the fourth quarter ended Dec 31, 2020, versus a net profit of RM29.51mil in the year-ago quarter.
Aviation aims for the sky with IATA Travel Pass
PETALING JAYA: The International Air Transport Association (IATA) will unveil the specifics of the IATA Travel Pass as it seeks to revive the badly battered civil aviation sector.
AirAsia sees ray of hope as vaccines rolled out, upbeat on RM2.5b fund raising
KUALA LUMPUR: Low-cost carrier AirAsia sees a ray of hope for the resumption of air travel as Covid-19 vaccines start to be rolled out this week while its CEO Tan Sri Tony Fernandes remains upbeat on the RM2.5bil fund-raising target.
Hong Kong and Singapore in talks over postponed travel bubble
SINGAPORE, Feb 21 (Bloomberg): Singapore said it’s in "close discussions” with Hong Kong over a postponed travel bubble.
Convincing the non-believers
RECENT news that Indonesia has made Covid-19 vaccination for its citizens compulsory has given rise to speculation that Malaysia could follow suit.
Singapore economy on the mend but uncertainty remains over pace of recovery
SINGAPORE (The Straits Times/ANN): Even as Singapore's economy stays on the recovery track, enthusiasm over a significant growth acceleration is wearing off.
Ministers’ ‘travel bubble’ isn’t the first of its kind
PETALING JAYA: The “travel bubble” created in the exemption order to enable ministers who go abroad for investment purposes to only be quarantined for three days is not the first of its kind as Malaysia had already practised local travel bubbles, says Health Minister Datuk Seri Dr Adham Baba.
Brace yourself: Long-haul travel may not get going until 2023
SYDNEY (Bloomberg): As coronavirus vaccines started rolling out late last year, there was a palpable sense of excitement.