News about air

Domestic travel demand remained a key growth driver, with Malaysians making up 67% of Airbnb guests in 2024, surpassing pre-pandemic levels recorded in 2019.

NPI for the fourth quarter ended March 31, 2024 (4QFY2025) rose  1.

The Subang airport expansion plan aims to increase capacity to five million passengers annually in three to four years, and up to eight million by 2030.

When the three properties are fully leased, CLMT is expected to generate an annual gross rent of RM5.

Quarterly revenue fell 21.

“The board is confident in Wan Zakariah’s ability to fulfill this role, given his extensive experience and leadership as the group managing director,” the company said.

In tandem with the third phase of Senai Airport City’s industrial development expansion measuring some 300 acres, NISB has been appointed as the contractor for earthworks to provide investors with industrial plots ready with platform and corresponding infrastructure.

There is a need for the industry to have regulatory clarity that does not hinder the sector's potential, especially as it plays an increasingly significant role in driving tourism, Airbnb’s Asia-Pacific public policy director Mich Goh said during the roundtable discussion on Malaysia's tourism growth.

The project will be fully funded by Malaysia Airports Holdings Bhd (KL:AIRPORT), or MAHB, through an investment-recovery model, without the need for government guarantees, Transport Minister Anthony Loke noted.

Senai Airport City Sdn Bhd which is the master developer of the 2,718-acre Senai Airport City, has inked a sale and purchase agreement with Chenbro Micom’s wholly owned unit, Chenbro Malaysia Sdn Bhd.