Kuala Lumpur, November 2, 2026: Malaysia Aviation Group (MAG) has received its inaugural credit rating from MARC Ratings, which has assigned the Group its highest ratings of MARC-1IS and AAAIS for MAG’s proposed Islamic Commercial Papers and Islamic Medium-Term Notes Programmes.
The ratings reflect MAG’s consistent operational performance, financial discipline, and the progress achieved under its Long-Term Business Plan 3.0, according to the company.
Fleet modernisation and network expansion
MAG outlined upcoming growth initiatives, including plans for fleet modernisation and network expansion. The Group also intends to enhance in-flight services and invest in infrastructure and technical capabilities as part of its ongoing strategy.
Credit rating details
The MARC-1IS and AAAIS ratings are the highest levels awarded by MARC Ratings for Islamic Commercial Papers and Islamic Medium-Term Notes respectively, underscoring the Group’s creditworthiness and financial stability.
Long-Term Business Plan 3.0 progress
The Group said the recognition from MARC Ratings supports its efforts to strengthen operational and financial performance through the implementation of Long-Term Business Plan 3.0.
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