The launch of a new direct route from Chennai to Penang, via IndiGo, commencing on Saturday, marks a significant milestone in enhancing connectivity, generating economic opportunities, and solidifying Penang’s position as a regional air travel hub.

Direct route from Chennai elevates Penang as key regional air travel hub, says exco

Gateway Development Alliance (GDA), the consortium proposing to privatise Malaysia Airports Holdings Bhd (MAHB) (KL:AIRPORT), said it is maintaining its offer of RM11 per share, after the airport operator’s independent directors reommended shareholders to reject the offer.

GDA maintains RM11 offer for MAHB, challenges independent directors’ rejection

Cathay Pacific Airways Ltd projected “strong” financial results in the second half (2H) of the year, aided by increased cargo demand and lower fuel prices.

Hong Kong’s de-facto flag carrier said its expected results will be partially offset by a continued normalisation of passenger yields, according to a stock exchange filing on Friday.

Cathay Pacific sees ‘stronger’ financial results in second half 

Malaysia has agreed to resume the search for the wreckage of missing Malaysia Airlines Flight MH370, its transport minister said on Friday, more than 10 years after it disappeared in one of the world's greatest aviation mysteries.

Malaysia agrees to resume search for wreckage of missing Flight MH370

The tentative date for the merger of the Civil Aviation Authority of Malaysia (CAAM) and the Malaysian Aviation Commission (Mavcom) has been set and will be revealed later by the Transport Ministry.

Tentative date for CAAM-Mavcom merger set, to be announced by MOT — CAAM CEO

Taiwan’s China Airlines Ltd will order two dozen Boeing Co and Airbus SE long-range passenger and air cargo jets as it seeks to renew its fleet of older planes.

China Airlines orders US$11.9 bil worth of jets from Airbus, Boeing 

Malaysia Airports Holdings Bhd (MAHB) reported a 16.1% year-on-year increase in passenger traffic across its Malaysian and Turkish airport networks in November, reaching 11.2 million passengers compared to 9.6 million in the same month last year.

Malaysia Airports reports 16.1% y-o-y passenger growth in November

PUTRAJAYA (Dec 18): Malaysia Airports Holding Bhd (MAHB)(KL:AIRPORT) has bolstered manpower to strengthen operations, and is ready to ensure smooth passenger flows and reduce waiting time at key touchpoints ahead of the school holidays, Christmas, and New Year’s celebrations.

Malaysia Airports optimises operations for holiday travel peak

Heathrow said on Wednesday it planned to invest £2.3 billion (US$2.92 billion or RM13 billion) over the next two years to upgrade Britain's busiest airport.

London's Heathrow to invest nearly US$3b to upgrade airport

Boeing said late on Tuesday it has resumed production of all airplane programmes that had been halted by a machinists' strike in the Pacific Northwest.

Boeing resumes production of 767, 777 planes 

A Dec 17 annual report from aviation data provider OAG reveals that seven of the world’s 10 busiest international airline routes this year connect destinations within the wider Asia-Pacific region, a sign of a long-awaited travel comeback for Asia. Two more connect cities in the Middle East. And one doesn’t even feature a business travel hub at all, proving that leisure continues to outshine corporate trips four years after the pandemic brought it all to a standstill.

The world’s busiest airline routes in 2024 are largely in Asia

KUALA LUMPUR (Dec 16): Malaysia Airlines is offering extra flight services starting December and during the Chinese New Year festive season to accommodate an anticipated surge in travel demand.

The airline will operate an additional 112 red-eye flights between Kuala Lumpur and East Mala...

Malaysia Airlines offers extra flights, fixed CNY fares during festive season

KUALA LUMPUR (Dec 16): The Social Security Organisation (Socso) and the Malaysian Aviation Commission (Mavcom) signed a memorandum of understanding (MOU) on Monday, to facilitate the exchange of information regarding the statutory obligations of aviation service providers.

Socso, Mavcom ink MOU to strengthen aviation sector compliance

Invest Selangor Bhd said on Friday that potential deals worth up to RM3.2 billion were recorded during the fourth edition of its Selangor Aviation Show (SAS) in September.

Invest Selangor sees RM3.2b potential deals from Selangor Aviation Show, bags over 41 MOUs

KUALA LUMPUR (Dec 21): Prime Minister Datuk Seri Anwar Ibrahim held a meeting on Saturday with local and foreign media practitioners to convey the latest developments about the country's direction related to government policies, as well as various current and future issues in Malaysia.

PM conveys country’s development, direction, policies, current and future issues to media practitioners

KUCHING (Dec 21): A supply interruption caused by generator trip at the Bakun Hydroelectric Plant (HEP) on Saturday afternoon has been fully restored to affected consumers in certain parts of Kuching, Sibu, Bintulu and Miri.

Sarawak Energy: Partial power outage fully restored

(Dec 21): The Biden administration is mulling exempting Mexico from tariffs on imported solar equipment, a last-minute change that would primarily benefit Maxeon Solar Technologies Ltd.

Biden mulls tariff break for solar modules from Mexico

Among all precious gems, diamonds are one of the most sought after and prominent — for good reason. It is their rarity, durability and beauty that inspire the managing director of jewellery company Tomei, Datuk Ng Yih Pyng, to keep them as the focus of his star label, Le Lumiere. With over 30 years of experience under his belt, he has witnessed his fair share of industry evolutions. As technology progresses and diamond reserves begin to run dry, a new competitor — lab-grown stones — has entered the market. What does this mean for the stability of the natural gemstone trade, and what can consumers expect to see in the coming year? Ng gives us his thoughts.

Light fantastic

Lion Group’s property division, Lion Group Property, is looking to expand its industrial park portfolio, says the conglomerate’s executive chairman Tan Sri William Cheng.

Moving further into industrial parks

Pahang Islamic Affairs, Rural Development, and Orang Asli Affairs Committee chairman Datuk Seri Syed Ibrahim Syed Ahmad has confirmed that a video alleging the allocation of durian plantation land in Pahang to retired soldiers is fake.

Video alleging durian land allocation is actually Skim Tanah Rakyat land rights handover, says Pahang MP's rep

The world’s biggest stablecoin issuer, Tether Holdings Ltd, is on track to close the year with more than US$10 billion (RM45.07 billion) in net profits, chief executive officer Paolo Ardoino said in an interview.

World’s largest stablecoin issuer Tether sees US$10b in net profits for 2024

BNP Paribas SA finalised the €5.1 billion (US$5.3 billion or RM24.0 billion) purchase of Axa SA’s asset management unit, in the biggest acquisition under chief executive officer Jean-Laurent Bonnafe.

BNP Paribas signs €5.1b deal to buy Axa’s asset manager

At least five people were killed in a car-ramming attack at a German Christmas market in the city of Magdeburg that also left more than 200 injured, officials said, and a Saudi man was arrested on suspicion of driving a car into the crowd.

Death toll in German Christmas market car-ramming rises to five, more than 200 injured

Lion Group’s property division, Lion Group Property, is looking to expand its industrial park portfolio, says the conglomerate’s executive chairman Tan Sri William Cheng.

Among all precious gems, diamonds are one of the most sought after and prominent —&nbsp;for good reason. It is their rarity, durability and beauty that inspire&nbsp;the managing director of jewellery company Tomei, Datuk Ng Yih Pyng, to keep them as the focus of his star label, Le Lumiere. With over 30 years of experience under his belt, he has witnessed his fair share of industry evolutions. As technology progresses and diamond reserves begin to run dry, a new competitor — lab-grown stones — has entered the market. What does this mean for the stability of the natural gemstone trade, and what can consumers expect to see in the coming year? Ng gives us his thoughts.

(Dec 21):&nbsp;The Biden administration is mulling exempting Mexico from tariffs on imported solar equipment, a last-minute change that would primarily benefit Maxeon Solar Technologies Ltd.&nbsp;

KUCHING (Dec 21): A supply interruption caused by generator trip at the Bakun Hydroelectric Plant (HEP) on Saturday afternoon has been fully restored to affected consumers in certain parts of Kuching, Sibu, Bintulu and Miri.

KUALA LUMPUR (Dec 21): Prime Minister Datuk Seri Anwar Ibrahim held a meeting on Saturday with local and foreign media practitioners to convey the latest developments about the country's direction related to government policies, as well as various current and future issues in Malaysia.&nbsp;

Aviation

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