Malaysia Aviation Group Delivers Fourth Consecutive Year of Operating Profit with NIAT of RM137 Million in 2025

Malaysia Aviation Group maintained its positive momentum in the financial year ended 31 December 2025, recording a Net Profit After Interest and Tax (NIAT) of RM137 million, more than double the RM54 million achieved in 2024.

Financial Performance
- Net Profit After Interest & Tax (NIAT): RM137 million (up from RM54 million in 2024).
- EBITDA: RM1.6 billion, more than double the RM788 million in 2024.
- Revenue: RM14.5 billion (+6% year-on-year).
- Growth supported by a stronger ringgit, favorable fuel prices, and expanded capacity.

Operational Metrics
- Available Seat Kilometres (ASK): 53,217 million (+16%).
- Passengers carried: 18.6 million (+12%).
- Load factor: 81% (up from 80%).
- On-time performance: 81% (up from 73%).

Airline Segment
- Malaysia Airlines Berhad (MAB): Resumed Paris and Brisbane routes; expanded frequencies to Australia, India, Maldives, and Bangladesh.
- Firefly: Added international services to Krabi, Siem Reap, and Cebu.
- AMAL by Malaysia Airlines: Higher revenue driven by passenger growth.
- MASwings: Divested to Sarawak Government in Dec 2025.

Non-Airline Segment
- MAB Kargo: Stronger operating profit with added capacity.
- AeroDarat Services: Double-digit revenue growth from higher flight volumes.
- MAB Engineering Services: Turned profitable after losses in 2024.
- MAB Academy: Continued profitability with expanded training investments.

Recognition
- Malaysia Airlines ranked #27 in Skytrax World Airline Rankings (up from #39).
- Recognized among Top 10 Cabin Crew worldwide.
- Enrich loyalty program won Best Frequent Flyer Programme in Asia-Pacific.

Strategic Outlook
- Fleet modernization: 30 new Boeing 737 narrowbodies, plus options for 20 A330neo aircraft.
- Launch of MAB Academy Simulator Building to strengthen training.
- Transition from Long-Term Business Plan 2.0 to LTBP3.0 (roadmap to 2030).
- Upcoming MAG Culinary Solutions catering facility (groundbreaking in Q2 2026, operational by 2029).

CEO Remarks
- Captain Nasaruddin A. Bakar emphasized discipline, operational reliability, and customer trust as drivers of success.
- Acknowledged geopolitical and market volatility as challenges for 2026.
- Reinforced commitment to financial resilience, safety, and Malaysia’s role as a global aviation hub.