Business

Yes, KLIA could rival Changi by next year

KLIA_Cover

Zaidi Azmi
Written by Zaidi Azmi

KUALA LUMPUR – May 15, 2017: Malaysia Airports Holdings (MAHB) has confirmed a forecast that the Kuala Lumpur International Aiport (KLIA) is capable of outperforming Singapore’s Changi airport by next year on the number of passengers handled.

It also stated as correct the forecast that was based on its comparative growth analysis of the two airports.

Facebooker Lim Sian See had earlier written that KLIA’s passenger traffic movement had increased by 12.7 per cent in the first quarter of this year, registering 14.1 million passengers, while Changi’s traffic slowed to 4.7 per cent, registering 15 million.

The estimation was that if the pattern continues, KLIA would have registered 59.31 million passengers compared to Changi’s 61.46 million by end of this year.

Should that happen, KLIA can easily outpace Changi by next year if the former manages to increase its traffic movement by just 3.7 per cent.

“We remain optimistic on the traffic growth of 6.5 per cent for the year for our Malaysia operations, with international and domestic passenger traffic movements growing at 4.7 per cent and 8.2 per cent respectively,” read MAHB’s email to The Mole.

According to MAHB, KLIA’s current growth is due to the visa relaxation for India and China, favourable exchange rates for tourists, competitive fares as well as increasing travelling population and sufficient seat capacity by airlines.

“Part of the growth is also due to the recovery from large capacity cuts by Malaysia Airlines in 2014 and 2015.

“Our efforts in developing KLIA as a preferred Asean hub are also contribute to this growth,” it added.

MAHB nonetheless cautions that the forecast may be on a higher side.

It expects the current growth for KLIA to continue for the first half of 2017  but the second half may see a slightly reduced single-digit growth.

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About the author

Zaidi Azmi

Zaidi Azmi

Despite becoming The MOLE's journalist in 2014, he still has a hard time traversing the city. If he is not lost, this northern kampung boy can be found struggling to make some sense out of the Malaysian political sphere.