PETALING JAYA: The rising geopolitical tensions in the Middle East could result in potential jet fuel price hikes and lower passenger traffic, thus impacting the aviation sector negatively.
No aviation player will be spared if a full blown war erupts in the Middle East.
Maybank IB Research estimates that up to 26% of earnings and target price (TP) of Malaysia Airports Holdings Bhd
(MAHB) are at risk should passenger traffic to and from the Middle East cease.
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