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Malaysia Aviation Group valuation, funding and investors

Malaysia Aviation Group works in airline operations and management, based in Petaling Jaya, Malaysia. It has about 751 employees.

Petaling Jaya Growth Equity
VALUATION · TODAY
$9.46B +0% after Growth
Range $2.78B – $14.40B · Grade C
TODAY
+12 MO
$5.00B
$10.00B
$15.00B
2022
2023
2024
2025
2026
2027
Valuation12-month outlook: where it points, how wide it fansHover the past: the outlook shows what was predicted then
HEADCOUNT · TODAY751 employees
+35%6m growth
+74%1y growth
+1092%2y growth
500
1,000
Data from Sep 2024
TODAY
Predicted in 1 yr $9.46B +0% vs today
Predicted next raise $979M if a round comes
Winding-down probability 0%
Last round
Growth · $890M · Feb 2021
Valuation at last round
$8.60B · implied
Headcount
751 · growing
Grade
C
Founded
–
How VCMC values companies →

Malaysia Aviation Group valuation today

VCMC values Malaysia Aviation Group at $9.5B today, with a range of $2.8B to $14.4B and a grade of C. The valuation starts from its last funding round, a growth round in Feb 2021.

Valuation by date (70 rows)

Each point is what the model would have shown on that date, using only what was known then; before its first round, a company is valued as a startup because it later raised.

Malaysia Aviation Group: valuation by date, as the model would have shown it on each date
DateValuationRangePredicted in 1 yrPhaseHeadcountTrendGradeWinding-down probability
23 Feb 2021$8.6B$5.6B – $14.4B$9.5B (+10%)after a round–unknownB0%
1 Mar 2021$8.6B$5.6B – $14.4B$9.5B (+10%)after a round–unknownB0%
1 Apr 2021$8.7B$5.6B – $14.4B$9.5B (+9%)after a round–unknownB0%
1 May 2021$8.8B$5.6B – $14.4B$9.5B (+8%)after a round–unknownB0%
1 Jun 2021$8.8B$5.6B – $14.4B$9.5B (+7%)after a round–unknownB0%
1 Jul 2021$8.9B$5.6B – $14.4B$9.5B (+6%)after a round–unknownB0%
1 Aug 2021$9.0B$5.6B – $14.4B$9.5B (+6%)after a round–unknownB0%
1 Sep 2021$9.0B$5.6B – $14.4B$9.5B (+5%)after a round–unknownB0%
1 Oct 2021$9.1B$5.6B – $14.4B$9.5B (+4%)after a round–unknownB0%
1 Nov 2021$9.2B$5.6B – $14.4B$9.5B (+3%)after a round–unknownB0%
1 Dec 2021$9.3B$5.6B – $14.4B$9.5B (+2%)after a round–unknownB0%
1 Jan 2022$9.3B$5.6B – $14.4B$9.5B (+1%)after a round–unknownB0%
1 Feb 2022$9.4B$5.6B – $14.4B$9.5B (+1%)after a round–unknownB0%
1 Mar 2022$9.5B$5.6B – $14.4B$9.5B (0%)after a round–unknownB0%
1 Apr 2022$9.5B$5.3B – $14.4B$9.5B (0%)after a round–unknownB0%
1 May 2022$9.5B$5.1B – $14.4B$9.5B (0%)after a round–unknownB0%
1 Jun 2022$9.5B$4.8B – $14.4B$9.5B (0%)after a round–unknownB0%
1 Jul 2022$9.5B$4.6B – $14.4B$9.5B (0%)after a round–unknownB0%
1 Aug 2022$9.5B$4.3B – $14.4B$9.5B (0%)after a round–unknownB0%
1 Sep 2022$9.5B$4.1B – $14.4B$9.5B (0%)after a round–unknownC0%
1 Oct 2022$9.5B$3.9B – $14.4B$9.5B (0%)after a round–unknownC0%
1 Nov 2022$9.5B$3.7B – $14.4B$9.5B (0%)after a round–unknownC0%
1 Dec 2022$9.5B$3.6B – $14.4B$9.5B (0%)after a round–unknownC0%
1 Jan 2023$9.5B$3.4B – $14.4B$9.5B (0%)after a round–unknownC0%
1 Feb 2023$9.5B$3.2B – $14.4B$9.5B (0%)after a round–unknownC0%
1 Mar 2023$9.5B$3.1B – $14.4B$9.5B (0%)after a round–unknownC0%
1 Apr 2023$9.5B$2.9B – $14.4B$9.5B (0%)after a round–unknownC0%
1 May 2023$9.5B$2.8B – $14.4B$9.5B (0%)after a round–unknownC0%
1 Jun 2023$9.5B$2.6B – $14.4B$9.5B (0%)after a round–unknownC0%
1 Jul 2023$9.5B$2.5B – $14.4B$9.5B (0%)after a round–unknownC0%
1 Aug 2023$9.5B$2.4B – $14.4B$9.5B (0%)after a round–unknownC0%
1 Sep 2023$9.5B$2.3B – $14.4B$9.5B (0%)after a round–unknownC0%
1 Oct 2023$9.5B$2.2B – $14.4B$9.5B (0%)after a round–unknownC0%
1 Nov 2023$9.5B$2.1B – $14.4B$9.5B (0%)after a round–unknownC0%
1 Dec 2023$9.5B$2.0B – $14.4B$9.5B (0%)after a round–unknownC0%
1 Jan 2024$9.5B$1.9B – $14.4B$9.5B (0%)after a round–unknownD0%
1 Feb 2024$9.5B$1.8B – $14.4B$9.5B (0%)after a round–unknownD0%
1 Mar 2024$9.5B$1.7B – $14.4B$9.5B (0%)after a round–unknownD0%
1 Apr 2024$9.5B$1.6B – $14.4B$9.5B (0%)after a round–unknownD0%
1 May 2024$9.5B$1.5B – $14.4B$9.5B (0%)after a round–unknownD0%
1 Jun 2024$9.5B$1.4B – $14.4B$9.5B (0%)after a round–unknownD0%
1 Jul 2024$9.5B$1.4B – $14.4B$9.5B (0%)after a round–unknownD0%
1 Aug 2024$9.5B$1.3B – $14.4B$9.5B (0%)after a round–unknownD0%
1 Sep 2024$9.5B$1.2B – $14.4B$9.5B (0%)after a round63unknownD0%
1 Oct 2024$9.5B$1.2B – $14.4B$9.5B (0%)after a round63unknownD0%
1 Nov 2024$9.5B$1.1B – $14.4B$9.5B (0%)after a round63unknownD0%
1 Dec 2024$9.5B$3.2B – $14.4B$9.5B (0%)after a round250growingC0%
1 Jan 2025$9.5B$3.2B – $14.4B$9.5B (0%)after a round250growingC0%
1 Feb 2025$9.5B$3.1B – $14.4B$9.5B (0%)after a round250growingC0%
1 Mar 2025$9.5B$3.3B – $14.4B$9.5B (0%)after a round250growingC0%
1 Apr 2025$9.5B$3.2B – $14.4B$9.5B (0%)after a round250growingC0%
1 May 2025$9.5B$3.2B – $14.4B$9.5B (0%)after a round250growingC0%
1 Jun 2025$9.5B$3.1B – $14.4B$9.5B (0%)after a round250growingC0%
1 Jul 2025$9.5B$3.1B – $14.4B$9.5B (0%)after a round250growingC0%
1 Aug 2025$9.5B$3.0B – $14.4B$9.5B (0%)after a round250growingC0%
1 Sep 2025$9.5B$3.0B – $14.4B$9.5B (0%)after a round432growingC0%
1 Oct 2025$9.5B$2.9B – $14.4B$9.5B (0%)after a round432growingC0%
1 Nov 2025$9.5B$2.9B – $14.4B$9.5B (0%)after a round432growingC0%
1 Dec 2025$9.5B$2.8B – $14.4B$9.5B (0%)after a round505growingC0%
1 Jan 2026$9.5B$2.8B – $14.4B$9.5B (0%)after a round505growingC0%
1 Feb 2026$9.5B$2.8B – $14.4B$9.5B (0%)after a round558growingC0%
1 Mar 2026$9.5B$2.8B – $14.4B$9.5B (0%)after a round558growingC0%
1 Apr 2026$9.5B$2.8B – $14.4B$9.5B (0%)after a round558growingC0%
1 May 2026$9.5B$2.8B – $14.4B$9.5B (0%)after a round558growingC0%
1 Jun 2026$9.5B$2.8B – $14.4B$9.5B (0%)after a round649growingC0%
1 Jul 2026$9.5B$2.8B – $14.4B$9.5B (0%)after a round649growingC0%
1 Aug 2026$9.5B$2.8B – $14.4B$9.5B (0%)after a round690growingC0%
1 Sep 2026$9.5B$2.8B – $14.4B$9.5B (0%)after a round718growingC0%
1 Oct 2026$9.5B$2.8B – $14.4B$9.5B (0%)after a round751growingC0%
24 Oct 2026$9.5B$2.8B – $14.4B$9.5B (0%)after a round751growingC0%

Key facts about Malaysia Aviation Group

Founded
Not on record
Headquarters
Petaling Jaya, Malaysia
Employees
about 751 +74% in a year
Total raised
$890M
Funding rounds
1
Last round
Growth Equity Feb 2021

Malaysia Aviation Group funding history

Malaysia Aviation Group has 1 funding round on record, from Feb 2021 to Feb 2021, $890M in total. None disclosed a valuation.

  1. Growth Equity 22 Feb 2021

    Led by Khazanah Nasional.

    Sources: thediplomat.com, malaysiaairlines.com

    $890M

Malaysia Aviation Group investors

1 investor has backed Malaysia Aviation Group; Khazanah Nasional led at least one round.

What Malaysia Aviation Group does

Malaysia Aviation Group works in airline companies, with 11 recorded offerings and customers in aviation and travel and tourism.

Malaysia Aviation Group Berhad is a Malaysian public company engaged in the aviation sector. The company operates through three main business portfolios: Airline Business, Loyalty & Travel Services, and Aviation Services. Its Airline Business portfolio includes airlines and regional carriers, while the Loyalty & Travel Services portfolio provides travel services and loyalty programs. The Aviation Services portfolio offers maintenance, repair and overhaul, cargo, ground handling, and training services. The company also manages a supply chain and logistics network to support its operations. Malaysia Aviation Group serves both domestic and international markets and is certified for its operations.

Description from Veridion's company data.

Products and services

  • Airline Operations and Management
  • Segmented Airline Operations and Management
  • Travel Solutions Delivery
  • Aviation Engineering and Maintenance Services
  • Aircraft Repair and Overhaul Services
  • Aviation Cargo Transportation Services
  • Ground Handling Services
  • Aviation Training Services
  • Sustainable Aviation Solutions
  • Digital Travel Platform Services
  • Customized End-to-End Travel Solutions

Markets

  • Aviation
  • Travel and Tourism

Business model

  • Business-to-Business
  • Business-to-Consumer
  • Service Provider
  • Logistics/Transportation
  • Enterprise

Industry codes (NAICS)

  • 481111 Scheduled Passenger Air Transportation 50% match
  • 488190 Other Support Activities for Air Transportation 35% match
  • 481112 Scheduled Freight Air Transportation 15% match

Questions about Malaysia Aviation Group

What is Malaysia Aviation Group worth?

Valuation $9.5B (range $2.8B to $14.4B), as of 24 Oct 2026.

Has Malaysia Aviation Group raised money?

Malaysia Aviation Group has 1 funding round on record, from Feb 2021 to Feb 2021, $890M in total. None disclosed a valuation.

Who has invested in Malaysia Aviation Group?

Khazanah Nasional. Lead investors include Khazanah Nasional.

How many people work at Malaysia Aviation Group?

About 751, up 74% over the last year. Headcount grew from 63 in Aug 2024 to 751 in Sep 2026.

What does Malaysia Aviation Group do?

Malaysia Aviation Group works in airline companies, with 11 recorded offerings and customers in aviation and travel and tourism. Its main offerings are airline operations and management, segmented airline operations and management and travel solutions delivery.

Where is Malaysia Aviation Group based?

Malaysia Aviation Group is based in Petaling Jaya, Malaysia; its founding year is not on record. It has about 751 employees, up 74% over the last year.