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airline industry

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Air transport body expects airlines to return to profitability in 2023

Air transport body expects airlines to return to profitability in 2023

IATA on Tuesday said that the global airline industry would return to profit next year for the first time since 2019.
Wed Dec 07 2022
IATA's Geneva gathering to chart airline industry's future

IATA's Geneva gathering to chart airline industry's future

While the lifting of travel restrictions has brought relief to the aviation industry, airlines continue to see threats from inflation, the risk of recession, and foreign exchange volatility.
Mon Dec 05 2022
Airline industry shifts attention to Russia risks after Ukraine airspace closed

Airline industry shifts attention to Russia risks after Ukraine airspace closed

The fallout to the global aviation industry from Russia's invasion of Ukraine is spreading beyond the airspace closings.
Fri Feb 25 2022
Two new airlines expected to encourage healthy competition in aviation industry - Azmin

Two new airlines expected to encourage healthy competition in aviation industry - Azmin

Azmin said the granting of the licences to the airlines was expected to help the airline industry recover from the impact of the pandemic.
Mon Jan 24 2022
Airline industry expected to remain cash negative throughout 2021 - IATA

Airline industry expected to remain cash negative throughout 2021 - IATA

IATA said the previous analysis in November 2020 indicated that airlines would turn cash positive in the fourth quarter of this year.
Thu Feb 25 2021
The impact of COVID-19 on Malaysia's airline industry

The impact of COVID-19 on Malaysia's airline industry

From travel restrictions to flight cancellations, the airline industry has been the hardest hit industry during the COVID-19 pandemic.
Wed Oct 21 2020
On board a flight to nowhere amidst a global pandemic

On board a flight to nowhere amidst a global pandemic

A recent trend in the airline industry sweeps the globe as airline companies began offering flights to nowhere to satisfy the travel bugs amidst the COVID-19 pandemic.
Wed Oct 07 2020
Singapore Airlines obtains $13 bln rescue package amid coronavirus shock

Singapore Airlines obtains $13 bln rescue package amid coronavirus shock

The massive financing plan, which drove SIA shares down as much as 10.5% underscores the depth of financial trouble for the global airline industry.
Fri Mar 27 2020
PSC yet to be determined, still under review - Liow

PSC yet to be determined, still under review - Liow

Mavcom's decision would take into account public views, as well as the players within the airline industry, as the needs of travellers remain a priority.
Fri Sep 23 2016
Weaker ringgit will hit airlines this year: Alliance Research

Weaker ringgit will hit airlines this year: Alliance Research

It expects the local airline industry to experience deteriorating financial performance this year as unit cost is expected to rise.
Mon Mar 31 2014
Tony Fernandes named 'Airline Industry Leader of the Year'

Tony Fernandes named 'Airline Industry Leader of the Year'

AirAsia's Group Chief Executive Officer Tan Sri Tony Fernandes has been named "Airline Industry Leader of the Year".
Thu Jan 23 2014
COP29 climate summit draft proposes rich countries pay $250 billion per year

COP29 climate summit draft proposes rich countries pay $250 billion per year

The draft finance deal criticised by both developed and developing nations.
Fri Nov 22 2024
Bomb squad sent to London's Gatwick Airport after terminal evacuation

Bomb squad sent to London's Gatwick Airport after terminal evacuation

This was following the discovery of a suspected prohibited item in luggage.
Fri Nov 22 2024
Kelantan urges caution amidst northeast monsoon rains

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.
Fri Nov 22 2024
Former New Zealand PM Jacinda Ardern receives UN leadership award

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.
Fri Nov 22 2024
ICC'S arrest warrants for Netanyahu, Gallant an apt decision - PM

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.
Fri Nov 22 2024
KTMB provides two additional ETS trains for Christmas, school holidays

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.
Fri Nov 22 2024
BNM'S international reserves rise to USD118 bil as at Nov 15, 2024

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.
Fri Nov 22 2024
Findings by dark energy researchers back Einstein's conception of gravity

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.
Fri Nov 22 2024
NRES responds to Rimbawatch press release on COP29

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.
Fri Nov 22 2024
Online Safety Bill and Anti-Cyberbullying Laws must carefully balance rights and protections

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.
Fri Nov 22 2024