Kuala Lumpur International Airport 2 (klia2)
25 March 2019 The expansion plan of the main terminal of the Kuala Lumpur International Airport (KLIA) could be deferred until 2023, unless the decision can be finalised for the first Regulatory Asset Base (RAB) framework by January 2020. Malaysia Airports Holdings Bhd (MAHB) group chief executive officer Raja Azmi Raja Nazuddin said the airport … Continue reading KLIA expansion may be delayed until 2023
22 March 2019 Malaysia Airports Holdings Bhd (MAHB) announced today it had yesterday received an arbitration notice from Segi Astana Sdn Bhd (SASB) whereby SASB is claiming RM70 million from MAHB for alleged losses and damages due to the delay in the commencement of commercial operations at the klia2 Integrated Complex. TanFernandes In a statement … Continue reading MAHB gets arbitration notice on klia2 Integrated Complex delay
13 March 2019 MALAYSIA Airports Holdings Bhd (MAHB) has just wrapped up its best financial year, suggesting that the airport operator is finally returning to a period of rapid growth last seen before FY2015. On Thursday, MAHB released data showing that it posted a record net profit of RM727.3 million and revenue of RM4.85 billion … Continue reading MAHB looks to return to its heyday of rapid growth
13 March 2019 Hong Leong Investment Bank (HLIB) Research has suggested that the government consider divesting Malaysia Airlines Bhd or roping in a strategic partner for the ailing national carrier. Nonetheless, it said any options on the table will involve capacity cut, which may benefit AirAsia Group Bhd (AAG) in gaining further market dominance, but … Continue reading Analyst suggests govt sell or get strategic partner for Malaysia Airlines
11 March 2019 Passenger traffic at the country’s 39 airports managed by Malaysia Airports Holdings Bhd (MAHB) grew 5.4% in February to 8.14 million from 7.72 million a year ago. International traffic climbed 2.3% year-on-year (y-o-y) to 4.2 million passengers, while domestic traffic climbed 8.9% y-o-y to four million passengers. The Chinese New Year festive … Continue reading Festive crowd boosts 5.4% growth of passenger traffic in local airports
4 March 2019 The Employees Provident Fund (EPF) is not planning to adjust employees and employers’ monthly contribution rates anytime soon, in view of the rising cost of living as well as cost of doing business. “I wouldn’t hastily increase or decrease (the rates) because I think a lot of study needs to be done … Continue reading EPF: No plans to adjust contribution rates
26 February 2019 Malaysia Airports Holdings Bhd (MAHB) is set to embark on baggage handling system (BHS) replacement exercise at the main terminal of the Kuala Lumpur International Airport (KLIA) beginning this year. Corporate communication general manager Nik Anis Nik Zakaria said the airport operator would allocate between RM250 million and RM300 million to undertake … Continue reading MAHB allocates up to RM300 million to upgrade baggage handling system at KLIA this year
21 February 2019 The government said it will stay out of the commercial spat between Malaysia Airports Holdings Bhd (MAHB) and AirAsia Group Bhd over the collection of the passenger service charge (PSC) at the Kuala Lumpur International Airport 2 (klia2). Transport Minister Anthony Loke said both parties should re-negotiate an amicable solution, and the … Continue reading Govt to stay out of MAHB-AirAsia feud, says Loke
19 February 2019 The Employees Provident Fund (EPF) is expected to hold discussions with AirAsia Group Bhd soon, pertaining to its ongoing legal tussle with Malaysia Airports Holdings Bhd (MAHB) on the collection of passenger service charge (PSC) at the Kuala Lumpur International Airport 2 (klia2). The pension fund, which holds major stakes in both … Continue reading MAHB-AirAsia feud: EPF wants amicable solution
12 February 2019 The Malaysian Aviation Commission (Mavcom) will not involve itself in the ongoing spat between Malaysia Airports Holdings Bhd (MAHB) and AirAsia Group Bhd, over the collection of passenger service charge (PSC) at the Kuala Lumpur International Airport 2 (klia2). Mavcom chairman Dr Nungsari Ahmad Radhi (picture) said the regulator will instead wait … Continue reading Mavcom on wait-and-see mode over MAHB-AirAsia spat