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COVID-19

74% Increase In Domestic Passenger Movements For September Contributes To Optimistic Outlook In Q4

SEPANG – Malaysia Airports’ domestic passenger movements in September surged by 74% from the preceding month following the success of the Langkawi Travel Bubble and the progress of the National Recovery Plan (NRP). Due to the surge, the Group saw a 55% increase in total passenger movements for Malaysia last month at 458,000 passengers (Dom: 362,000 / Int: 96,000). Domestic aircraft movements increased by about 20% last month as well when compared to August, registering more than 10,000 flights.

New Airport Retail Rental Model And Relief Package Will Help Revitalise Airport Commercial Offerings Post Covid-19

SEPANG – Airport retail tenants can look forward to a new rental model that will be introduced by Malaysia Airports as part of on-going efforts in retaining and attracting business partners that will help revitalise airport commercial offerings under its commercial reset strategy.  With this new rental model, existing tenants who had signed up, or are going to sign up under the ongoing airport commercial reset programme will get to benefit from a rental reduction of up to 30% from the current rate, equivalent to a total annual savings of RM45 million for the participating tenants.

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