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Malaysia Aviation Group, the operator of national carrier Malaysia Airlines, reported higher profits in 2025 but warned on Thursday (April 2) that Middle East tensions and market volatility could impact performance this year.

MAG president and group chief executive officer Nasaruddin A Bakar said geopolitical uncertainties continue to affect capacity, supply chains, and cost structures, but travel demand remained strong, particularly from India and China and on routes to Australia, New Zealand, and Britain.

Nasaruddin said MAG's airlines, which also include low-cost carrier Firefly, were actively reviewing and adjusting fares, adding that the company is estimated to see a financial impact of RM50mil on every dollar increase in oil prices.

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00:02Famed as India's glass city, with a four-century tradition of glass making, Ferozabad's furnaces are now burning low, putting
00:10thousands of day laborers out of work in what would normally be peak season.
00:15The industry has been crippled by the war in the Middle East because of its intense energy needs.
00:20With the war extending into a second month, Ferozabad may be a harbinger of what is to come throughout Indian
00:27manufacturing, from textiles to high tech.
00:31Just a short drive east of the Taj Mahal, Ferozabad's glass making furnaces sit mostly apart from the colorful marketplaces
00:38where tourists haggle over the city's hallmark glass bangles.
00:42Many smaller glass artisans had shuttered shop as they waited for gas to become available and affordable.
00:49Mukesh Kumar Bansal, a Ferozabad manufacturer supplying retailers in the US and Europe, said output had dived by more than
00:57a third at his factory.
01:06El上 jours, flags were permanently defence of gas being limited by more than 80% of their dischargeachment.
01:10The dramatic detta of shop has been out of 4Class Coming up with 40% of production to be limited
01:19by more than 40%.
01:22The comparable expenses of iconic buildings were produced by more than 40% from gas, including생par'll going off as possible
01:29by less than 40%.
01:51For thousands of glassworkers in this historic city, the crisis has become a daily struggle
01:57between keeping their furnaces burning and putting food on the table.
02:00The gas shortages show how a distant war can quickly shatter an industry that has flourished for centuries.
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