Malaysia Projects $3B In Air Transport Industry Losses

Chen Chuanren July 22, 2020
Malaysia
Credit: Malaysia Airports
The Malaysian Ministry of Transport is estimating its air transport industry will record a MYR13 billion ($3 billion) loss for 2020 following travel restrictions and a drop-off in demand caused by the COVID-19 outbreak. Quoting transport minister Wee Ka Siong, local business news outlet The Edge...
Chen Chuanren

Chen Chuanren is the Southeast Asia and China Editor for the Aviation Week Network’s (AWN) Air Transport World (ATW) and the Asia-Pacific Defense Correspondent for AWN, joining the team in 2017.

Subscription Required

 

Malaysia Projects $3B In Air Transport Industry Losses is published in Aviation Daily, an Aviation Week Intelligence Network (AWIN) Market Briefing and is included with your AWIN membership.

Already a member of AWIN or subscribe to Aviation Daily through your company? Login with your existing email and password

Not a member?  Learn how to access the market intelligence and data you need to stay abreast of what's happening in the air transport community.

LoginLearn How

Related Content

AirAsia
AirAsia Cites Progress In Negotiating New Financing
GOL
Daily Memo: Will GOL’s Case Of ‘Long COVID’ Result In Chapter 11 Filing?
various airlines and aircraft
Airline Industry Profits Continue To Be Marginal In 2024
Emirates A380
Carbon Analysis: Middle Eastern Carriers’ A380 U-Turn
air arabia a320
Air Arabia Continues Expansion Despite Geopolitical Headwinds
Aviation Week Intelligence Network
Monitor the market and connect your business to the people, programs and proprietary data driving the Commercial Aviation market - only available with AWIN.

AVD_AWIN_270

Stay Connected.
Stay Informed.
Grow Your Business.

Learn How