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Credit Suisse confident MAHB will meet passenger traffic growth forecast

Credit Suisse confident MAHB will meet passenger traffic growth forecast

KUALA LUMPUR (July 11): Credit Suisse AG has expressed a high level of confidence that Malaysia Airports Holdings Bhd (MAHB) will be able to meet its forecast of chalking up a 11% growth in total passenger traffic.

"Encouragingly, the growth was well diversified with 25 countries registering double-digit traffic growth. Countries like China, India, Indonesia, Japan and the UK among others, registered more than 20% year-on-year (y-o-y)," Credit Suisse's research analyst Joanna Cheah said in a note to clients today.

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