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SEPANG – KL International Airport (KLIA) has been named CAPA Large Airport of the Year 2024 at the recent CAPA Airline Leader Summit & Awards for Excellence, held in Belgrade, Serbia. The global award, presented by the Centre for Aviation (CAPA), recognises airports handling over 30 million passengers annually that demonstrate exceptional strategic leadership and significant contributions to the aviation industry. The selection process involves independent research conducted by CAPA’s team of analysts and is chosen by an international panel of experts, with no reliance on customer surveys or popular votes. This marks the second time Malaysia Airports has been honoured by CAPA, having previously won the CAPA Asia Pacific Large International Airport Award in 2014.
In recognition of KLIA’s continued excellence in airport operations, Malaysia Airports' Managing Director, Dato' Mohd Izani Ghani, said, “It is an honour for KLIA to be named CAPA’s Large Airport of the Year 2024. This international recognition is a testament to the tireless efforts and unwavering commitment of our entire team in elevating KLIA’s presence on the global stage. It reflects the team’s dedication to delivering excellence across all aspects of airport operations, from the passenger experience to innovative infrastructure development.”
“Over the past year, we have undertaken many initiatives in enhancing the convenience, comfort, and satisfaction of every passenger. In a fast-evolving industry, we continue to focus on resilience, adaptability, and forward-thinking strategies to meet the ever-changing needs of travellers. This award inspires us to push boundaries even further, continuously enhance our services, and create lasting, meaningful experiences for everyone who passes through KLIA, especially with the upcoming ASEAN Summit 2025 and Visit Malaysia Year 2026. We are grateful to CAPA for this recognition, and we extend our heartfelt thanks to everyone who has supported us in our journey to redefine what an airport can be.”
The CAPA Airline Leader Summit & Awards for Excellence is an annual event that brings together industry leaders to share insights and honour outstanding achievements in aviation.
SEPANG - Malaysia Airports (the Group) today reported its financial results for the quarter ended 30 September 2024 (3Q2024) and the first nine months of the year (9M2024), reporting 9M2024 revenue of RM4.26 billion, 20.3% higher compared to the same period last year (9M2023). The Group’s Earnings Before Interest Taxes, Depreciation and Amortisation (EBITDA) rose to RM2,066.0 million from RM1,578.7 million a year ago. Its 3Q2024 group revenue stood at RM1,532.2 million, an increase of 20.0% from the corresponding period last year (3Q2023), while its 3Q2024 EBITDA rose to RM744.6 million from RM553.2 million in 3Q2023.
Malaysia operations reflected continued improvement in its financial performance with revenue of RM2,706.2 million in 9M2024, an increase of 24.0% compared to 9M23, driven by improvement in both its airport and non-airport segments in tandem with the increase in passenger movements. As for Türkiye operations, revenue increased by 14.5% to RM1,477.0 million compared to the same period a year ago driven by the robust growth in international passenger movements with major airlines focusing on higher-yielding international routes.
The Group’s passenger traffic breached the hundred million mark with 101.2 million passengers as of 9M24, reflecting a recovery of 96.3% against the same period in 2019. Traffic for the Group’s Malaysia operations increased by 15.0% over 9M23 with 69.8 million passenger movements for 9M24, with an international to domestic mix of 53:47. Meanwhile operations in Türkiye saw an increase of 11.6% in passenger movements to 31.4 million in 9M24 compared to 9M23, surpassing pre-pandemic levels by 15.9%.
For 9M2024, the Group recorded a 137.3% increase in its net profit position, recording a net profit of RM606.2 million compared to RM255.5 million in 9M2023. For 3Q2024, its net profit stood at RM210.4 million, up 122.0% from RM94.8 million a year ago.
The Group remains optimistic that passenger movements in Malaysia will continue its trajectory in the final quarter of the year, driven by the school holiday peak travel season and a continued recovery of Chinese inbound traffic. In addition, the Group has been actively intensifying its efforts to expand network connectivity at its airports, with the number of airlines operating at airports in Malaysia in 2024 already exceeding 2019. This proactive approach aligns with the Group’s commitment to meet the escalating demand for air travel and further solidify its position in the aviation industry.
SEPANG- Malaysia Airports (the Group) announced today that it has successfully priced and issued its third Senior Sukuk Wakalah (“Sukuk Issuance”) of RM1.6 bi lion under its Sukuk Wakalah Programme up to an aggregate limit of RM5.0 bi lion in nominal value. Overwhelming investor demand led to an oversubscription rate of more than 3.6 times at its peak. The triple-tranche offering comprises a 5-year RM400 million Senior Sukuk Wakalah, a 7-year RM600 million Senior Sukuk Wakalah and a 10-year RM600 million Senior Sukuk Wakalah.
Dato’ Mohd Izani Ghani, managing director of Malaysia Airports said, “The Sukuk Issuance is a testament to the strong confidence that investors have in Malaysia Airports. It reflects our resilience and our ability to navigate chalenges while remaining focused on long-term value creation. Moving forward, we aim to be a regular issuer in the Malaysian debt capital markets to support our growth and operational needs. Additionaly, we aspire to raise sustainable financing as part of our efforts to align with net-zero goals and advance our ESG agenda.”
The Sukuk Issuance marks Malaysia Airports’ return to the debt capital markets since its last issuance in 2022 during the Covid-19 pandemic. The aviation industry has since witnessed a robust recovery, with the Group registering a 10.2% increase in passenger volume in September 2024 from the 10.4 million passengers recorded in September 2023. This recovery showcases the resilience of the aviation sector and Malaysia Airports’ ability to adapt and grow in a chalenging environment, and further supports the Group’s strategic return to the Malaysian debt capital markets.
The offering attracted a diverse investor base and generated robust demand, achieving a peak orderbook in excess of RM5.7 billion, which represents both an oversubscription rate of more than 3.6 times and the largest orderbook ever achieved by Malaysia Airports compared to its past Senior Sukuk issuance. On the back of a strong and healthy orderbook, Malaysia Airports tightened its offering yield and achieved a final profit rate of 3.95% p.a., 4.02% p.a. and 4.08% p.a., representing the tightest spread ever achieved across the respective tenors.
The Senior Sukuk Wakalah under the Sukuk Wakalah Programme carries a credit rating of “AAA” with a stable outlook by RAM Rating Services Berhad. Proceeds raised from the Sukuk Issuance shal be utilised by Malaysia Airports’ group of companies to refinance its maturing borrowings at a lower funding rate.
HSBC Amanah Malaysia Berhad, Maybank Investment Bank Berhad and RHB Investment Bank Berhad are the Joint Lead Managers for the Sukuk Issuance.
SEPANG- Kota Kinabalu International Airport (KKIA) and Langkawi International Airport (LIA) have achieved Airport Carbon Accreditation (ACA) Level 1 Mapping by Airports Council International (ACI), recognising their commitment to carbon management and environmental sustainability. These two airports now join KL International Airport (KLIA) and over 600 other airports worldwide in advancing toward net-zero carbon emissions through ACI’s comprehensive 7-level programme, which encourages colective action on carbon reduction and climate change. KLIA, accredited since 2015, is currently endorsed at Level 3 Optimisation, reflecting its ongoing efforts in carbon management and sustainability.
According to Dato’ Mohd Izani Ghani, sustainability is a key strategic theme for Malaysia Airports, guiding the organisation’s long-term vision and operational practices. "Achieving Airport Carbon Accreditation (ACA) for KKIA and LIA is a testament of our unwavering commitment to environmental excelence and leadership in building a greener aviation sector in Malaysia. We are already actively working towards certifying Penang (PEN) and Kuching (KCH) and ultimately aim to bring ACA accreditation to our entire airport network. By being part of the ACA-accredited airports, we are able to lead and set global standards in sustainable airport operations. Through initiatives spanning energy efficiency, advanced waste management, and community engagement, we strive to minimise our environmental impact while raising awareness of sustainability’s vital role in airport management. Each accredited airport moves us closer to our goal of a low-carbon future, ensuring that our actions today support a sustainable legacy for generations to come,” he commented further.
The ACA programme is a global initiative led by ACI to help airports manage and reduce their carbon emissions. This programme offers a structured framework designed to guide airports from basic carbon mapping to achieving net zero emissions with seven levels of certification — Mapping, Reduction, Optimisation, Neutrality, Transformation, Transition and maintaining a Net Zero balance on scopes 1 and 2 and actively addressing Scope 3 emissions. For KKIA and LIA, by achieving Level 1, the two airports have committed to conducting a comprehensive analysis of its CO2 emissions and creating structured plans for their reduction. This is a significant first step in the airport's journey towards decarbonisation.
KKIA has recorded a total of 6.6 million passengers year-to-date (YTD), marking a 13% increase from the 5.9 million passengers during the same period last year. The airport has successfully implemented solar panels with a total capacity of 3.8 MW and introduced an Energy Management System to enhance energy efficiency across its operations. Meanwhile, LIA, with 2.1 million passengers YTD, currently operates on solar panels with a total capacity of 1.1 MW. Additionally, its Airfield Ground Lighting (AGL) has been upgraded from halogen bulbs to energy-efficient LED lighting, reducing energy use by up to 90%.
In October 2024, Malaysia Airports (the Group) recorded a total of 7.7 million passenger movements across its network of Malaysian airports, including 4.1 million international and 3.6 million domestic passengers, reflecting steady air travel demand. Last month saw the introduction of several new international routes, including PEN to Jakarta with Batik Air Malaysia (seven weekly flights), PEN to Shenzhen with Air Asia (four weekly flights), and KLIA to Amritsar with Air Asia (four weekly flights) and Malacca to Singapore with Scoot (five weekly flights). In the domestic sector, Batik Air Malaysia launched a newservice from Subang to Kota Bharu, operating seven times weekly.
The Group's total passenger count for October 2024, including its Turkish asset, Istanbul Sabiha Gökçen International Airport (ISGA), reached 11.2 million. At ISGA, passenger traffic totaled 3.5 mi lion, with international passengers contributing 1.9 million, while domestic passengers accounted for 1.6 million.
