Air Traffic in Malaysia to Register a New Record in 2018

Updated on Friday 22nd June 2018

The Malaysian Aviation Commission (MAVCOM) announced that the aviation industry is set to establish a new record at the level of 2018, as it will reach 100 million passengers for the first time. Investors who want to open a company in Malaysia in the aviation sector should know that this field of activity is expected to increase in 2018 by 6.5-7%. Our team of specialists in company formation in Malaysia can offer advice on the legislation regulating this sector. 
 

Positive trends for the Malaysian aviation sector 
 

The Malaysian aviation sector has been increasing at a steady rate in the last years, as in 2017 the passenger trafic developed by 8.1% on a year-to-year basis compared to the previous year. In 2017, Malaysia accounted for 99.1 million passengers, arriving in this country through both local and international flights
 
One of the strong points of the Malaysian aviation sector is that the industry increased its profitability. For example, 2014 was marked by negative results, registering an operating loss of RM 0,5 billion, while in 2017, the operating profit reached RM 1.6 billion
 
This was given by the fact that flight companies registered better results for the Revenue per Available Seat Kilometre (RASK), which increased at a higher rate than in the case of the Cost per Available Seat Kilometre (CASK)
 
The aviation sector developed even though the prices for oil are increasing, and other new routes were established. More exactly, the country’s air connectivity expanded in 2017 by including eight new international destinations and the air fleet increased with 360,000 seats. Our team of consultants in company registration in Malaysia can advise on the regulations applicable to a flight company seeking to expand its air routes
 

Strong flight connections with the Asian countries    
 

The highest share of the flights concluded in Malaysia (59.8%) in 2017 were available for Asian countries, more specifically, to the following: 
 
The Association of Southeast Asian Nation (ASEAN);
China
India
 
From all the ASEAN countries, the country is considered the fourth most connected market and businessmen are invited to contact our team of representatives in company registration in Malaysia for in-depth assistance on the business permits imposed to flight companies