The 15th General Election is expected to add fuel to the recovery in the aviation industry, with a long-term positive impact on passenger traffic and a short-term positive impact on airfares.
It said Malaysia Airports Holdings Bhd’s domestic passenger traffic grew 18 per cent in 2013 and 3.0 per cent in 2018 , while Capital A Bhd, the operator of AirAsia, saw its Malaysian operation’s passenger traffic rising 11 per cent in both GE13 and GE14. “In other words, passenger traffic does not ease post-GEs but stabilises or even continues growing,” it said in a note today,
At press time, Pakatan Harapan is still deciding on whether to dissolve the Penang and Negeri Sembilan state assemblies after deciding not to dissolve the Selangor state assembly, while the Islamic party PAS stated that it will not dissolve the state assemblies of Kedah, Kelantan and Terengganu.