Malaysia says aviation firms may need three years to recover from COVID-19
KUALA LUMPUR: Airlines in Malaysia could take three years to bounce back from the COVID-19 pandemic, depending on the outbreak in the country and abroad, the transport ministry said.
Transport Minister Wee Ka Siong said earlier this week that in the Malaysian Aviation Commission's (MAVCOM) revised projections for passenger traffic this year, it expects passenger numbers to shrink as much as 75.6 per cent to 26.6 million, compared with the 109.2 million passengers recorded in 2019.
"In this regard, airlines are expected to need a period of three years to fully recover the situation from the impact of the COVID-19 epidemic, subject to the of the outbreak in the country and abroad," Wee said in a written parliamentary reply dated Monday (Nov 9).
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