10 October 2017
Malaysia Airports Holdings Bhd (MAHB) recorded a 4.7% year-on-year growth in passenger traffic in September with combined passenger volume of 10.8 million in all its airports including Istanbul Sabiha Gokcen International Airport (Istanbul SGIA).
In a filing with Bursa Malaysia, MAHB said international traffic grew 10.5% y-o-y to five million passengers while domestic traffic increased marginally by 0.2% to 5.8 million passengers as compared with a year ago.
Overall aircraft movements, on the other hand, rose 2.5% in September – international movements posted 9.7% growth whereas domestic movements saw a yearly drop of 1.6%.
Still, MAHB noted on a last-12-month basis, its entire network of airports saw an 8.6% increment in passengers to 126.2 million passengers, the highest traffic handled over a 12-month period.
On the local front, airports in Malaysia handled 7.8 million passengers in September this year, rising 3.6% from September 2016, with overall aircraft movements growing 4.1%.
However, overall average load factor stood at 73.1% in September, down 3.1 percentage points year-on-year.
For Kuala Lumpur International Airport (KLIA), passenger movements was 5.5% higher y-o-y at 4.7 million. Passenger traffic for the Main Terminal dropped 3.4% while klia2 saw a 15% on-year improvement.
As for MASB airports (airports apart from KLIA handled by Malaysia Airports Sdn Bhd), passenger movements rose marginally by 0.9% y-o-y to 3.1 million passengers. International passenger movements rose 12.5% to 600,000 passengers, Asean traffic grew 5.4% y-o-y to 300,000 passengers while non-Asean traffic improved 24% to 300,000 passengers.
Meanwhile, Istanbul SGIA posted growth of 7.9% in passenger traffic to 2.9 million passengers. International and domestic passengers grew by 9.5% and 7.1% respectively to one million and 1.9 million respectively.
“The growth was achieved despite a decrease in total aircraft movements by 2.7%, with both international and domestic traffic movements recording 1.9% and 3.2% decline respectively,” MAHB said.
Commenting on September’s performance, MAHB described the overall increase in passengers as “moderate”, despite double-digit growth in international passenger traffic.
“There was a double-digit growth in passenger traffic to and from (13) countries in September 2017, including South Korea, India, Indonesia, Vietnam, Japan, Oman and Saudi Arabia,” the group said.
Additionally, airlines which achieved growth during the period included AirAsia X Bhd, All Nippon Airways Co Ltd, Malindo Air Sdn Bhd, China Southern Airlines Co Ltd, Qatar Airways Co Q.C.S.C and Singapore Airlines Ltd, among others, said MAHB.
Original Source: theedgemarkets
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