PETALING JAYA: MIDF Research is maintaining a “neutral” call on the aviation sector as both positives and negatives are to be expected for the rest of the year.
The research house said despite passenger traffic being the lowest so far this year during the Ramadan month, it had also remained above seven million passengers in March 2024 for two months in a row, now.
MIDF Research said for the first quarter of 2024, passenger traffic recovered to 86% of pre-pandemic levels, which was a strong indication of recovery for the sector.
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