MAHB targets 40% passenger growth by 2020

KUALA LUMPUR: Malaysia Airports Holdings Bhd (MAHB) is targeting 40% passenger growth from 112 million last year, to 155 million by 2020 under its Runway to Success 2020 (RtS2020) business plan.
Launched today, RtS2020 is a five-year business plan which charts the airport operator's business direction for 2016 till 2020. It is a follow-through from MAHB's earlier five-year business plan, Runway to Success 2010-2014.
In his presentation, managing director Datuk Badlisham Ghazali said it is targeting 90% growth in revenue from RM3.9 billion last year, by RM7.5 billion in 2020.
It is also targeting 90% growth in earnings before interest, tax, depreciation and amortisation (Ebitda) from RM1.6 billion last year, by RM3 billion in 2020.