MAG Sees Significant Pressure For FY2026 Amid Higher Fuel Costs
KUALA LUMPUR, Sept 4 (Bernama) -- Malaysia Aviation Group (MAG) sees significant pressure for its financial year 2026 (FY2026) amid sustained increases in fuel prices.
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There are 10 news based on search keyword " jet fuel"
Petronas Dagangan's Share Price Up 1.60 Pct In Early Trade
KUALA LUMPUR, Aug 26 (Bernama) -- Petronas Dagangan Bhd’s share price rose 1.60 per cent in early trade on Wednesday after the company posted a higher net profit in the second quarter ended June 30, 2026 (2Q 2026).
Asia-Pacific Airlines To Maintain Growth Despite Cost Headwinds - S&P
KUALA LUMPUR, Aug 25 (Bernama) -- Asia-Pacific airlines are strengthening their defences against industry headwinds by continuing to invest heavily in fuel-efficient aircraft, supported by long-term demand prospects, lower debt following the pandemic and a diverse funding mix, S&P Global Ratings said.
AirAsia Group Posts RM527 Mln Net Loss In 2Q
KUALA LUMPUR, Aug 13 (Bernama) -- AirAsia Group Bhd, formerly known as AirAsia X Bhd, posted a net loss of RM527.16 million for the second quarter ended June 30, 2026 (2Q FY2026), mainly due to higher fuel expenses and foreign exchange losses.
Global Air Cargo Demand Up By 8.5 Pct In June 2026
KUALA LUMPUR, July 29 (Bernama) -- Total demand of global air cargo, measured in cargo tonne-kilometres, increased by 8.5 per cent in June 2026, compared to June 2025 levels, according to the International Air Transport Association (IATA). International operations saw a 9.6 per cent increase.
SIA Group Posts S$76 Mln Net Loss In 1Q Despite Achieving Record Revenue
By Anas Abu Hassan
SINGAPORE, July 28 (Bernama) -- Singapore Airlines (SIA) Group posted a net loss of S$76 million (S$1=RM3.16) during the first quarter (1Q) ended June 30, 2026, compared to net profit of S$186 million in the same quarter of the preceding year.
AirBorneo Adopts 'Sarawak Model' To Keep Fares Affordable Despite Rising Costs -- Abang Johari
SEPANG, July 20 (Bernama) -- Sarawak's state-owned airline AirBorneo will operate under a unique “Sarawak model” that combines government support with commercial operations to ensure affordable airfares while maintaining long-term sustainability, according to Premier Tan Sri Abang Johari Tun Openg.
Global Air Passenger Demand Down 2.2 Pct In May 2026
KUALA LUMPUR, June 30 (Bernama) -- Total air passenger demand, measured in revenue passenger kilometres (RPK), declined 2.2 per cent year-on-year (y-o-y) in May 2026, according to the International Air Transport Association (IATA).
Workforce Investment, Diversification Key To Withstanding Industry Crises -- MAG
SEPANG, June 26 (Bernama) -- Malaysia Aviation Group (MAG) has identified investment in its workforce, business diversification and stakeholder collaboration as key to strengthening its resilience against recurring crises in the aviation industry, said its president and group chief executive officer Capt Nasaruddin A. Bakar.
AirAsia X Reviewing Fares Weekly, Signals More Price Cuts As Fuel Costs Fall
KUALA LUMPUR, June 22 (Bernama) -- AirAsia X Bhd expects to gradually lower airfares following the recent decline in jet fuel prices, while restoring capacity that had been reduced during the surge in fuel prices caused by the conflict in West Asia.