Malaysia Aviation Group Profitability Shrinks Due To Capacity Cuts

Malaysia Airlines Airbus A330-900neo
Credit: Rob Finlayson
KUALA LUMPUR—Malaysia Airlines’ parent Malaysia Aviation Group (MAG) reported its second consecutive annual profit in 2024, despite having to cut back its schedule to reduce operational disruptions. MAG posted a net profit of RM54 million ($12.3 million) in 2024, down from a profit of RM766 million...
Adrian Schofield

Adrian is a senior air transport editor for Aviation Week, based in New Zealand. He covers commercial aviation in the Asia-Pacific region.

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