MAHB boosts traffic by 40% with inclusion of six airlines

MAHB boosts traffic by 40% with inclusion of six airlines

Total passenger movements hit 45 million, reaching 87.9% of pre-pandemic figures from 2019.

mahb
MAHB remained confident about growth with the addition of Cambodia Airways, Flydubai, Iraqi Airways, Juneyao Airlines, Thai Lion Air, and Turkmenistan Airlines.
KUALA LUMPUR:
Malaysia Airports Group’s local airport network saw a 40% year-on-year increase in international traffic in the first half of 2024 (H1 2024), fuelled by the addition of six new airlines.

In a statement today, Malaysia Airports Holdings Bhd (MAHB) named the airlines as Cambodia Airways, Flydubai, Iraqi Airways, Juneyao Airlines, Thai Lion Air and Turkmenistan Airlines.

MAHB reported that these airlines contributed to a total passenger movement of 45 million in H1 2024, reaching 87.9% of pre-pandemic levels from the same period in 2019.

“The recovery in total seat capacity reached 85%, amounting to 57 million seats compared to 67.3 million in H1 2019,” it said.

Furthermore, MAHB noted that the average load factor for H1 2024 was 78.8%, surpassing the H1 2019 level by 3.4 percentage points.

“This sustained growth indicates robust demand, potentially prompting further expansions in seat capacity offerings,” it added.

It said the overall performance of Malaysia Airports Group’s local airports in H 12024 showed resilience, with total passenger movements reaching 45 million, marking a notable 15.5% increase over H1 2023 and achieving 87.9% of the passenger levels seen in H1 2019.

Meanwhile, the addition of two new airlines, Air Arabia and AJet, at Sabiha Gokcen International Airport, its Turkish asset, led to surpassing pre-pandemic passenger movements with 20 million passengers recorded in H1 2024, a 16.4% increase over H1 2023 and an 18.1% increase over H1 2019.

The group registered 65 million passenger movements in H1 2024, representing a growth of 15.8% compared to H1 2023 and reaching 95.4% of 2019 levels.

The robust traffic performance was predominantly driven by international passenger movements, buoyed by increasing air travel demand, visa exemptions for travellers from China and India, and an expanded array of airline routes.

“Total international passenger movements for the group saw 34.1 million passengers, up from 26.5 million in H1 2023, and a 5.3% increase over 2019 levels.

“Domestic passenger movements were also encouraging, recording a 4.1 per cent growth over H1 2023 with 30.9 million passengers, reaching 86.5% of the 2019 levels,” the statement added.

MAHB is optimistic about maintaining this positive momentum and remains committed to enhancing passenger experiences, expanding route networks, and improving operational efficiencies to support sustainable growth.

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