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Malaysia Airports targets good growth

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KUALA LUMPUR: Holdings Bhd (MAHB) targets a higher EBITDA (earnings before interest, tax, depreciation and amortisation) of RM822mil for the next financial year ending Dec 31 compared to the current financial year.

 

In a filing to Bursa Malaysia yesterday, MAHB in its headline key performance indicators (KPIs) said that based on the expected GDP growth of 5% to 6% and assuming world economic environment would remain reasonably stable, it was expected that MAHB's 2012 passenger traffic across all airports would grow by 6.6%.

 

MAHB added that its targeted return on equity (ROE) for next year was at 10.42% and to be in the top five in airport service quality awards.

 

This year, MAHB targeted an EBITDA of RM773mil and ROE of 10.7%.

 

The headline KPIs are set based on MAHB's strategic plans and longterm targets developed under MAHB's five-year business direction (2010-2014) planning initiatives with emphasis on the broader internal initiatives that are put in place for 2012.

 

On the aviation industry outlook, MAHB said that following the growth in 2010, passenger growth momentum at airports operated by MAHB group continued with vigour in 2011.

 

“We believe 2011 will again end with a double-digit passenger growth of about 10%. The sustained higher than expected 2011 passenger growth indeed promises further growth in 2012,” it said.

 

Globally, MAHB said, there were fears of economic weakening especially in Europe and to a certain extent in the United States and oil price was also predicted to be on an uptrend where the possibility of another economic downturn remained.

 

“Despite the slowing economies and lower economic growth, airports operated by the MAHB group have done well in the past three years in terms of passenger growth. This is expected to continue though at a reduced level.

 

“We expect low cost travel would continue to grow as legacy carriers streamline their operations. The International Civil Aviation Organisation has forecast 6.2% in global passenger growth and 8.8% for Asia Pacific region for 2012, mainly driven by China and India,” it said.

 

On the other hand, the International Air Transport Association has estimated global passenger growth to be lower, at 4.6%.

 

KLIA2 construction will continue to be a priority and with the projected passenger growth, MAHB expected a challenging but profitable year ahead. The headline KPIs were targets meant to drive MAHB's performance in 2012 and signalled its commitment towards transparent performance measures and good corporate governance.

 

http://biz.thestar.com.my/news/story.asp?file=/2011/12/6/business/20111206082617&sec=business

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With the airport taxes increase, no wonder they can target higher earnings.

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How to grow low cost travel further next year? LCCT capacity was 15m. This year, it was forced to operate over capacity (17m). Is AirAsia/MAHB going to try to shoot for 20m pax in a 15m terminal next year? ;)

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How to grow low cost travel further next year? LCCT capacity was 15m. This year, it was forced to operate over capacity (17m). Is AirAsia/MAHB going to try to shoot for 20m pax in a 15m terminal next year? ;)

 

They have geniuses working out figures. Malaysia memang boleh. :clapping:

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How to grow low cost travel further next year? LCCT capacity was 15m. This year, it was forced to operate over capacity (17m). Is AirAsia/MAHB going to try to shoot for 20m pax in a 15m terminal next year? ;)

 

this certainly reminds me of the minibus days .. "masuk masuk! belakang ada tempat lagi!"

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this certainly reminds me of the minibus days .. "masuk masuk! belakang ada tempat lagi!"

Errr... it is very much still happening on a daily basis as we speak - on the Komuter trains and the Kelana Jaya line LRTs.

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MAHB Shares Slide On Slower Passenger Traffic Growth Expectation


KUALA LUMPUR, April 14 (Bernama) -- Shares of Malaysia Airports Holdings Bhd (MAHB) shares declined marginally today on expectations of slower passenger traffic growth.


At 11.44 am, MAHB shares slipped two sen to RM7.99 with 138,700 changing hands.


Hong Leong Investment Bank Research (HLIB Research) said MAHB reported a slower traffic growth of 12.6 per cent in March as compared to 17.46 per cent in February and 25.8 per cent in January.


"Hence, We expect lower growth in April before potentially rebounding the following month, as can been seen in past incidents," it said in a research note today.


The research house said the commencement of klia2 on May 2 and the higher-than-expected passenger traffic growth at Istanbul-Sabiha Gocken Airport (ISGA) could also help boost the airport operator's passenger traffic growth.


It said ISGA, whereby MAHB increased its stake to 60 per cent from 20 per cent previously, reported passenger growth of 40 per cent year-on-year in the first quarter of this year, outpacing the research house's assumption of 28 per cent.


"This is due to the fast expansion of Pegasus Air and Turkish Airlines," it said.


The research house said MAHB was also expected to be the main beneficiary of strong air traffic into Malaysia, in line with the government's initiatives to boost the tourism sector such as Visit Malaysia Year 2014.


HLIB Research maintained its "Buy" call on MAHB with an unchanged target price of RM10.55 per share.

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'Massive jump in airport, passenger taxes coming'



A DAP MP today said that Malaysia Airports Berhad (MAHB) might resort to increasing airport and passenger taxes to make up cost overruns of KLIA2's construction, which has slashed MAHB's profits immensely.


Petaling Jaya Utara MP Tony Pua pointed out that MAHB's first financial report since the RM4 billion airport started operations, showed that the airport operator's profits plunged a huge 98.6 percent to only RM1.61 million.


"As earnings and cash flow decline sharply for the airport operator, it is clear that MAHB will appeal to the government to approve massive increases in airport and passenger taxes.


"The government in return, would be hard pressed not to approve the hike to bail out MAHB," Pua said during a press conference at the Parliament lobby today.


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Meanwhile, Malaysia Airports Berhad, holds the all shares of IStanbul Sabiha Gokcen Airport operating rights. Another shareholders LIMAK co. has been resigned from the investment of ISGA and remained the shares to MAHB in last month. (I don't remember the value of LIMAK's shares. As a procedural, LIMAK offered to MAHB first if they want to buy those shares and MAHB accepted the offer)

 

The operating rights available until 2030 when would be new adjudicate about airport operation rights.

Edited by Hakan

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MAHB Eyes Managing Five More Airports Overseas


SEPANG, March 3 (Bernama) -- Malaysia Airports Holdings Bhd (MAHB) is keen to manage five more airports overseas, including the King Abdul Aziz International Airport in Jeddah, Saudi Arabia.


Its Managing Director, Datuk Badlisham Ghazali, said the airport operator will submit proposals to manage two airports by year-end.


"One will be submitted for the Jeddah airport," he said after the launch of Eraman Shopping Extravaganza campaign, which started from March 1 until Feb 2, 2017, here Thursday.


MAHB was among the three bidders for the airport, which is the busiest airport in Saudi Arabia. It is situated 19km to the north of Jeddah.


"We have a five-year plan for MAHB and we are looking for opportunity everywhere except North America," he said.


MAHB had 12 years' experience in managing airports in Malaysia as well as those in Maldives, Cambodia, Kazakhstan and Istanbul, Turkey.


On its duty-free business segment, Badlisham said, MAHB was confident of achieving double-digit growth this year backed by its aggressive campaigns as well as the visa-free entry for Chinese tourists to Malaysia.


"Last year, MAHB's duty-free business segment recorded nine per cent growth and in the first two months of 2016 it recorded 15 per cent growth.


"Annually, the duty-free business segment contributed on average between RM600 million and RM700 million in revenue and Eraman Shopping Extravaganza campaign was expected to contribute another RM16.8 million," he said.

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They did a round of upgrading to the toilets at the Main Terminal Building before this. But curiously left out all the other toilets at satellite and contact pier in the same state as they were back in 1998

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I truly agree that KLIA is in dire need of an upgrade.

 

But as I mentioned in another thread, wait till that is announced.

 

In this thread, hopefully we can keep it to JED and possibly SAW :)

Edited by jani

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because reporter will normally only have access to public area and not restricted area. and VIP uses bunga raya building, not satellite building. VVIP uses subang air force base.

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I would say free WiFi or making TM WiFi available at all Malaysia based airports would be a fantastic 1st step.

 

KLIA toilets are good enough as it is.

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I believe that free WiFi is indeed on the cards.

 

Note that there is always a reason for free WiFi from the providers perspective, that is, to track the movements of passengers and identifying bottlenecks and key areas within the airport for passenger flow/retail.

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KLIA toilets are good enough as it is.

Ermm... No. KLIA toilets are pushing 18 years of age in some locations... The refurbished toilets at departure level concourse of MTB are tacky and lacked integration with the rest of the terminal... If there is one thing I admire at Changi - it's the rate of restroom refurbishment and standard of maintenance.. These simple lessons and tasks go a long way to improving the overall passenger experience.

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... The refurbished toilets at departure level concourse of MTB are tacky and lacked integration with the rest of the terminal...

You wanna compare tackiness standards, come to BKI and see the benchmark !! :D

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