December 2, 2022

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Business is my step

MAHB’s November passenger targeted traffic down 30.8% m-o-m on CMCO extension

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KUALA LUMPUR (Dec 15): Malaysia Airports Holdings Bhd’s (MAHB) passenger site visitors for November slid 30.8% thirty day period-on-thirty day period (m-o-m) to 1.8 million, from the preceding month’s 2.6 million passengers.

This is the 2nd consecutive m-o-m drop in passenger traffic from September, which saw 3.5 million travellers.

In a filing to Bursa Malaysia now, the airport operator said Malaysia’s November visitors overall performance for the domestic sector was impacted by the extension of the Conditional Motion Handle Get (CMCO) from Oct to Dec 6, which was also extended to all states in Peninsular Malaysia, other than for Perlis, Pahang and Kelantan.

On a yr-on-year (y-o-y) foundation, MAHB’s community of airports noted a decrease of 84.2%.

Domestic and intercontinental passenger movements recorded 1.3 million and 518,000 passengers respectively, mentioned MAHB.

On a past-12-month basis, MAHB’s community of airports noticed a drop of 61.9% with 53.6 million passengers. In general aircraft actions declined by 73.2%, from the exact same thirty day period in 2019, with domestic and international aircraft actions contracting by 68.3% and 80.8% respectively, claimed the airport operator.

For airports in Malaysia, it registered 311,000 passenger actions in November 2020, a 96.4% y-o-y decrease, with the domestic and global sectors recording 234,000 (-94.5% y-o-y) and 78,000 (-98.2% y-o-y) travellers, respectively.

KLIA passenger actions had been down by 97.8% y-o-y at 113,000. November passenger movements for KLIA Main Terminal and klia2 lowered by 96.7% and 98.8% respectively, explained the airport operator.

Passenger actions at MASB Airports, on the other hand, lessened by 94.4% y-o-y with 198,000 passengers.

In the meantime, over-all aircraft movements in Malaysia diminished by 82.5% y-o-y. Domestic and global plane movements declined by 78.9% y-o-y and 88.1% y-o-y respectively, mentioned MAHB.

Total plane actions at KLIA decreased by 89.5% y-o-y, whilst aircraft actions at MASB airports reduced by 76.7% y-o-y in November 2020.

Nevertheless, MAHB famous that KLIA welcomed the return of Cathay Pacific Airways with one flight weekly, after a three-year absence.

In total, there have been 58 scheduled and charter airlines operating at KLIA to 64 worldwide destinations in 35 countries, which include cargo flights to 21 countries in November.

Moreover, Istanbul SGIA passenger actions declined by 47.6% y-o-y in November 2020 to 1.5 million travellers, with domestic and worldwide passengers down to 1.1 million (-38.9% y-o-y) and 440,000 (-61% y-o-y), respectively.

Total plane actions at Istanbul SGIA reduced by 35.9% y-o-y in November 2020, claimed MAHB.

“Istanbul SGIA passenger movements ended up a little affected by the re-introduction of partial curfews on Nov 20, a evaluate imposed by the Authorities of Turkey due to the raising quantity of Covid-19 circumstances throughout Turkey,” said MAHB.

The airport operator observed that Pegasus Airways operated to 33 domestic and 52 international locations in 34 various international locations in November, when Anadolujet operated 26 domestic and 13 global routes in 8 diverse international locations in November.

Shares of MAHB shut two sen or .32% better at RM6.18 currently, valuing the group at RM10.25 billion. From this year’s trough of RM4.05 on Oct 16, the counter has risen 52.6%. Yr to day, nonetheless, the inventory is nevertheless down by 18.7% from RM7.60.

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