Thursday, April 28, 2011

MAHB ups target to 72m passengers for 2014

SEPANG: Malaysia Airports Holdings Bhd (MAHB) is revising its passenger traffic volume target to 72 million for 2014, from 60 million earlier under its five-year plan.

Its managing director Tan Sri Bashir Ahmad Abdul Majid said on Thursday, April 28 passenger growth at KLIA has been very promising and it should be able to hit its initial 60 million passengers target by 2011.

'The growth so far as been good as indicated by the traffic in the first three months of the year. We are definitely on track,' he said at the AGM.

Under the five-year plan, MAHB is also targeting to achieve an earnings before interest, tax, depreciation and amortisation and returns on equity of RM1 billion and 10% respectively under its five-year plan that expires in 2014.

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