Malaysia Aviation Group anticipates financial pressure in FY26 due to rising fuel costs.

Malaysia Aviation Group (MAG) expects substantial financial strain in fiscal year 2026, primarily driven by sustained increases in jet fuel prices. The group's CEO noted that fuel reached US$160 per barrel, largely influenced by escalating conflict in West Asia. This development poses a challenge for MAG, which had reported profits in the initial two months of the year before the crisis's impact.