Equity Analysis /

MY : Aviation - Overall - Malaysia and Singapore open up borders

    Raymond Yap
    Raymond Yap

    Head of Regional Transport

    26 March 2022
    Published by

    Malaysia and Singapore said that unrestricted air and land travel between the two countries will be permitted from 1 Apr to the fully-vaccinated. This coincides with Malaysia’s opening of its borders to all fully-vaccinated arrivals from around the world without quarantine. This is positive news for aviation, especially our top pick MAHB, which is a direct volume play. Reiterate sector Overweight.