Tesla (TSLA) +2% Tesla shares bounced after a rough Monday, despite being down 36% in Q1 — the worst Q1 in company history. Investors are now eyeing its Q1 delivery report due Wednesday, with Street estimates hovering around 380,000 units . Analysts have been revising expectations lower amid backlash over Elon Musk’s role in Trump’s administration. Chinese EV Makers Up XPeng (XPEV) +1.6% : Delivered 33,205 vehicles in March — its fifth straight 30k+ month. NIO (NIO) +1.6% and Li Auto (LI) +1.4% also gained on strong March deliveries. Nvidia (NVDA) -0.6% Still under pressure after a 19.3% Q1 drop , its worst since 2022. Investor worries over AI spending, tech valuation, and trade tensions are weighing heavily. Johnson & Johnson (JNJ) -5% Fell after a Texas judge dismissed J&J’s third bankruptcy attempt to settle talc-related lawsuits via Chapter 11. PVH Corp (PVH) +18.9% Shares surged after Q4 earnings beat expectations ...
Key Takeaways:
Passenger Growth: Malaysia recorded 8.7 million air passengers in February 2025, up 6.9% YoY from the same month last year.
Slight Monthly Dip: Traffic declined 5.9% MoM, but travel demand remained strong due to school holidays, visa exemptions, and new routes.
Domestic vs International:
Domestic traffic: 4.3 million (+6.6% YoY)
International traffic: 4.4 million (+7.2% YoY), making up 51.5% of total passenger volume YTD.
Strong Non-ASEAN Travel:
Non-ASEAN passengers: 2.6 million (+10% YoY)
ASEAN passengers: 2.2 million (+4.4% YoY)
Busy Airports:
KLIA (+7.2%)
Penang (+8.7%)
Senai (+6.9%)
Kota Kinabalu (+5.3%)
Langkawi (+2.3%)
Kuching (+1.7%)
Boosting Factors: Higher seat capacity, visa exemptions for China and India, and new routes like Kota Kinabalu–Tokyo, KL–Ürümqi, and Penang–Zhangjiajie supported growth.
Outlook for 2025: MAVCOM projects total air traffic to hit between 105.8 million and 112.9 million passengers, underlining a sustained aviation recovery.
Summary:
Malaysia’s aviation sector continues to rebound strongly in 2025, with steady growth in both domestic and international travel. Strong policy support, new routes, and increased capacity are driving momentum, positioning the country’s air travel industry for continued expansion.
Comments
Post a Comment