KUALA LUMPUR:The Malaysian Aviation Commission (MAVCOM) expects passenger traffic to rebound in 2021 by between 94.2 per cent and 100.3 per cent year-on-year (y-o-y), which translates to 51.7 to 53.3 million passengers.
In a statement yesterday, the commission said it expected the airlines to gradually expand seat capacity as international travel restrictions are presumably lifted in 2021.
"This forecast, however, relies chiefly on performance of the industry which is dependent on a range on external factors including the pathway of the COVID-19 pandemic, public health measures, as well as consumer behaviour," it said.
This year, for the base case scenario, MAVCOM has revised downwards its 2020 passenger traffic forecast to contract by between 72.8 per cent and 75.7 per cent y-o-y to between 26.6 million and 29.7 million passengers.
It said local passenger traffic dropped to its lowest in the Malaysian aviation history, recording only 802,525 passengers in the second quarter of 2020 (Q2 2020), down 97.0 per cent y-o-y, from 26.7 million passengers recorded in Q2 2019.
"This decline was largely attributed to the lower load factor and a longer period of seat capacity recovery by airlines as they continued to cut seat capacity," it said.
However, MAVCOM noted that passenger traffic recovered slightly in Q3 2020, demonstrating a smaller decline of 83.3 per cent, attributed to the easing of domestic travel restrictions.
Kuala Lumpur International Airport (KLIA) and klia2 connectivity ranked sixth place in ASEAN, dropping from third place last year due to 95.8 per cent y-o-y reduction on international seats from the capital city, which recorded one of the largest reductions among major airports in ASEAN due to the pandemic.
Given the ongoing uncertainties, MAVCOM executive chairman Datuk Seri Saripuddin Kasim said a few potential events involving the five local airlines that may transpire in the future had been identified while the potential effect to air connectivity had been analysed.
"Although the sector's outlook is largely dependent on the pace of recovery from COVID-19 locally, regionally and globally, the commission is of the view that the aviation industry will be on a long road to recovery," he added.
-- BERNAMA
Bernama
Wed Dec 09 2020
MAVCOM noted that passenger traffic recovered slightly in Q3 2020, demonstrating a smaller decline of 83.3 per cent, attributed to the easing of domestic travel restrictions.
COP29 climate summit draft proposes rich countries pay $250 billion per year
The draft finance deal criticised by both developed and developing nations.
Bomb squad sent to London's Gatwick Airport after terminal evacuation
This was following the discovery of a suspected prohibited item in luggage.
Kelantan urges caution amidst northeast monsoon rains
Kelantan has reminded the public in the state to refrain from outdoor activities with the arrival of the Northeast Monsoon season.
Former New Zealand PM Jacinda Ardern receives UN leadership award
Former New Zealand prime minister Jacinda Ardern was given a global leadership award by the United Nations Foundation.
ICC'S arrest warrants for Netanyahu, Gallant an apt decision - PM
The decision of the ICC to issue arrest warrants against Benjamin Netanyahu and Yoav Gallant is apt, said Datuk Seri Anwar Ibrahim.
KTMB provides two additional ETS trains for Christmas, school holidays
KTMB will provide two additional ETS trains for the KL Sentral-Padang Besar route and return trips in conjunction with the holidays.
BNM'S international reserves rise to USD118 bil as at Nov 15, 2024
Malaysia's international reserves rose to US$118.0 billion as at Nov 15, 2024, up from US$117.6 billion on Oct 30, 2024.
Findings by dark energy researchers back Einstein's conception of gravity
The findings announced are part of a years-long study of the history of the cosmos focusing upon dark energy.
NRES responds to Rimbawatch press release on COP29
The Ministry of Natural Resources and Environmental Sustainability (NRES) wishes to offer the following clarifications to the issues raised.
Online Safety Bill and Anti-Cyberbullying Laws must carefully balance rights and protections
The Online Safety Advocacy Group (OSAG) stands united with people in Malaysia in the fight against serious online harms.
Malaysia's inflation at 1.9 pct in Oct 2024 - DOSM
Malaysia's inflation rate for October 2024 has increased to 1.9 per cent, up from 1.8 per cent in September this year.
Saudi Arabia showcases Vision 2030 goals at Airshow China 2024
For the first time, Saudi Arabia is participating in the China International Aviation & Aerospace Exhibition held recently in Zhuhai.
King Charles' coronation cost GBP 71mil, govt accounts show
The coronation of Britain's King Charles cost taxpayers GBP72 million (US$90 million), official accounts have revealed.
Couple and associate charged with trafficking 51.9 kg of meth
A married couple and a man were charged in the Magistrate's Court here today with trafficking 51.974 kilogrammes of Methamphetamine.
PDRM to consult AGC in completing Teoh Beng Hock investigation
The police may seek new testimony from existing witnesses for additional insights into the investigation of Teoh Beng Hock's death.
Thai court rejects petition over ex-PM Thaksin's political influence
Thailand's Constitutional Court rejects a petition seeking to stop Thaksin Shinawatra from interfering in the running the Pheu Thai party.
Abidin takes oath of office as Sungai Bakap assemblyman
The State Assemblyman for Sungai Bakap, Abidin Ismail, was sworn in today at the State Assembly building, Lebuh Light.
UPNM cadet officer charged with injuring junior, stomping on him with spike boots
A cadet officer at UPNM pleaded not guilty to a charge of injuring his junior by stomping on the victim's stomach with spike boots.
How Indian billionaire Gautam Adani's alleged bribery scheme took off and unraveled
The indictment was unsealed on Nov. 20, prompting a $27 billion plunge in Adani Group companies' market value.
Elon Musk blasts Australia's planned ban on social media for children
Several countries have already vowed to curb social media use by children through legislation, but Australia's policy could become one of the most stringent.