Malaysia Aviation Group (MAG), the parent company of Malaysia Airlines, reported a 39% year-on-year increase in net income after tax (NIAT) for the first half of 2025. The improvement was attributed to favorable fuel prices, the stronger ringgit, and operational efficiency gains achieved through ongoing fleet renewal.
Malaysia Airlines has extended the contract of its CEO Izham Ismail for an additional year, allowing him to continue overseeing the airline’s recovery and growth efforts. Alongside his role as CEO, Izham will also maintain his position as Managing Director of Malaysia Aviation Group (MAG), the parent company of Malaysia Airlines. This decision reaffirms the company’s confidence in Izham’s leadership as he…
