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Definitely good news for the economy when traffic grows

Posted in Airport related

Reference to thestar.com.my article. Malaysia Airports Holdings Bhd (MAHB) announced the following: Passenger traffic to and from 18 countries registered double-digit growth, including the United Kingdom, Vietnam, Sri Lanka, Laos, Pakistan, New Zealand, Oman, Nepal, Mauritius, Kazakhstan and Japan which registered more than 20% growth. International traffic for Asean countries grew 6.9% to 1.8 million passengers whereas non-Asean traffic posted a 9.6% growth to 1.9 million passengers. The reason why this is so significant is because this is the first time that this has happened ever since Malaysia Airlines cut frequencies and routes in 2015. Besides that, due to the visa relaxation for China and India, the increase in visitors from these two countries were significant. From the airlines numbers, eighteen airlines registered double-digit growth for international passenger traffic. They include Malaysia Airlines, AirAsia X, All Nippon Airways, Malindo, Xiamen Airlines, and Oman Air. Domestic passenger numbers however slipped very slightly by 0.7 percent to 5 million passengers.

The more the merrier. Tourists are always good. Remember the recent visit by King Salman of Saudi Arabia and his entourage of 600? They would spent many million ringgit, that’s for sure. Here’s the article: Entourage of 600? Aramco and Petronas. Good for business too.  Perhaps it was also because of the ringgit’s current value which made us even more attractive to visit. Reminder though that Malaysia continue to have surpluses in trade numbers and statistically it should lead to a stronger ringgit. Three things we can think about if these numbers continue. First, buy relevant airline stocks or even MAHB’s counter.  Second, Get to know where these tourists are concentrated at and buy the stocks of hotels based there. Many counters to choose from. Third, buy a place and start renting out via AirBnB! Returns are pretty lucrative it seems if your place is rented out often. Okay, this requires by far more significant amount of funds and calculated risks. Happy enjoying and I wish these numbers would only grow when we report this again next year.

written on 13 March 2017

Next suggested article:  Airport within a mall, Mitsui Outlet and Aeropolis 

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