Monday 27 February 2012

Malaysia Airports: Passenger traffic up 11pc

Malaysia Airports Holdings Bhd (MAHB) said today that the January passenger volume at its airports grew 11 per cent compared with January last year.

International passenger movements increased by eight per cent while domestic passenger movement was up 13.9 per cent, MAHB said in a filing to Bursa Malaysia.

Apart from the economic and political fundamentals, growth was also partly driven by Chinese New Year festive season.

Apart from Lion Air of Indonesia recommencing its operations at KLIA, AirAsia, Firefly and a number of foreign airlines increased their frequencies at the airports operated by the group.

"The largest growth in international passengers at KLIA was recorded by foreign carriers, which grew 19.8 per cent year-on-year," it said.

Most of airports operated by the group recorded double-digit growth in domestic and international movements.

Cargo movements, on the other hand, continued to decline in tandem with global and regional trade. The unpredictable economic condition in Europe and the United States will continue to be a challenge for the cargo sector, it said.

Total aircraft movements at MAHB's airports increased by 5.2 per cent. International and domestic aircraft rose by 4.1 per cent and 5.8 per cent, respectively, it added. -- Bernama



Get your T+10 interest FREE margin trading account NOW. Attractive brokerage for online trading. Contact Mr Ho at +603-5192 0808 or hoxian@sjsec.com.my for more details.
Related Posts Plugin for WordPress, Blogger...