Hard landing for Malaysia Airports

27 November 2012 Shares Continue To Fall – Analysts not too impressed with MAHB‘s reported bid for Stansted. MALAYSIA Airports Holdings Bhd’s (MAHB) shares slid a day after it emerged that the airport operator may join the fray in making an estimated RM5 billion bid for the UK’s Stansted Airport, a move some aviation analysts … Continue reading Hard landing for Malaysia Airports

AirAsia offers low fare deals to celebrate 11th anniversary

25 November 2012 AirAsia is celebrating it’s 11th anniversary by offering fares as low as 11 cents, exclusive of airport taxes and fees. The “Birthday Bash” promotion that begins Monday, will feature low all-in rates for various domestic and regional destinations. Flights from Kuala Lumpur to Penang, Langkawi, Terengganu, Kota Bharu and Alor Setar, as … Continue reading AirAsia offers low fare deals to celebrate 11th anniversary

Prospects of new airline

17 November 2012 It was near to impossible to get an interview with Rusdi Kirana, the president director of Lion Air, but when the call came through late on Thursday night that the interview was fixed for Friday 10am, the only fear was it would be cancelled because Rusdi rarely meets the press. But B.K. … Continue reading Prospects of new airline

Lion goes regional with Malindo

17 November 2012 RUSDI Kirana is one of Indonesia’s wealthiest people. Together with his brother Kusnan, the Kirana brothers own Lion Air and are listed by Forbes as the 34th richest individuals with a net worth of US$580mil. Rusdi (left) and Chandran strategising about Malindo. But there was an air of simplicity surrounding Rusdi when … Continue reading Lion goes regional with Malindo

ERL extension on track to klia2

7 November 2012 Work to extend the Express Rail Link (ERL) to the new Low-Cost Carrier Terminal (klia2) is on target and is expected to be completed by the end of March, said ERL Sdn Bhd chief executive officer Noormah Mohd Noor. Almost there: Syed Hamid (left) inspecting the ERL line extension project during a … Continue reading ERL extension on track to klia2

Final batches of klia2 awards presented

6 November 2012 Malaysia Airports Holdings Bhd (MAHB) presented the final batch of awards to successful tenderers yesterday for the Kuala Lumpur International Airport 2 (klia2) encompassing different areas throughout the terminal. MAHB Managing Director Tan Sri Bashir Ahmad said it has received overwhelming response for the tender briefing sessions with over 1,600 interested parties … Continue reading Final batches of klia2 awards presented

Malindo Air to take off earlier

6 November 2012 S Puvaneswary, Kuala Lumpur, November 6, 2012 MALAYSIA-based LCC Malindo Air has brought forward its commencement date to mid-March 2013, two months earlier than its original scheduled date in May 2013 (TTG Asia e-Daily, September 11, 2012). Said Malindo Air CEO, Chandran Ramamuthy: “The airline will operate out of Kuala Lumpur International … Continue reading Malindo Air to take off earlier

Malindo Airways recruitment drive gets overwhelming response

2 November 2012 Newly formed Malindo Airways attracted more than 2,000 candidates who responded to its first major recruitment drive at its offices in Sepang yesterday. The airline, a 51:49 joint-venture (JV) between Malaysia’s aircraft maintenance specialist National Aerospace and Defence Industries Sdn Bhd (Nadi) and PT Lion Mentari (Lion Air) of Indonesia, is scheduled … Continue reading Malindo Airways recruitment drive gets overwhelming response

klia2 ready to attract over half of low-cost carriers worldwide

2 November 2012 The new low-cost carrier terminal (LCCT), klia2, is ready to attract over 50 per cent the world’s low-cost carriers once it is completed in May 2013. Currently, there are 30-40 low-cost carriers worldwide compared with only five budget carriers for the past five years. Malaysia Airports Holdings Bhd (MAHB) general manager, construction, … Continue reading klia2 ready to attract over half of low-cost carriers worldwide

YTL embarks on new phase

24 October 2012 Its aim is to consolidate its entire business structure to offer better value to shareholders. IT is no secret that YTL Corp Bhd intends to take its remaining listed subsidiaries private after having done so with its cement unit a few months ago. The plan is just part of an ongoing restructuring … Continue reading YTL embarks on new phase

klia2 gets AirAsia nod

22 October 2012 AIRPORT SWITCH: Fernandes says move will make the low-cost carrier stronger AIRASIA group chief executive officer Tan Sri Tony Fernandes has given the greenlight for AirAsia, Asia’s largest low-fare, no-frills airline, to move to the klia2 low-cost carrier terminal upon its completion next year. Aireen Omar The klia2, which is being built … Continue reading klia2 gets AirAsia nod

Area expansion, infrastructure factors adding to klia2 price

8 October 2012 AREA expansion area and infrastructure are among the factors contributing to the increase in construction costs of low-cost carrier terminal (LCCT) klia2, the Dewan Rakyat was told today. Deputy Transport Minister Datuk Abdul Rahim Bakri said several revisions were made to the original klia2 construction plan based on new requirements following the … Continue reading Area expansion, infrastructure factors adding to klia2 price

AirAsia share price dips

13 September 2012 AirAsia Bhd’s share price predictably took a beating yesterday, shedding 17 sen to close at RM3.02 following the formation of a new low-cost carrier (LCC) Malindo Airways which will start operation by next May. The stock was also the second most active counter with 42.7 million shares changing hands yesterday. Malindo Airways … Continue reading AirAsia share price dips

Nadi, Lion Air to launch new LCC

12 September 2012 Lion Air, Indonesia’s largest privately-run airline, is intensifying competition in Malaysia’s skies by partnering with National Aerospace and Defence Industries Sdn Bhd (Nadi) to form a new low-cost regional carrier called Malindo Airways, with flights originating from the soon-to-be-completed klia2 in Sepang. Under the joint venture, Nadi will hold a controlling 51% … Continue reading Nadi, Lion Air to launch new LCC

Eye on Stock: WCT Bhd

8 September 2012 WCT Bhd’s shares had fallen slightly in tandem with the sharp two-day slump on the local bourse recently, but recovered to close 9 sen higher to RM2.63 yesterday. On Thursday, the construction and property development group had proposed a bonus issue on the basis of three bonus shares for every 20 existing … Continue reading Eye on Stock: WCT Bhd

klia2 opening to boost air traffic

30 July 2012 Opening of the new low-cost carrier terminal, klia2, next year is expected to significantly boost air traffic, says MIDF Research. The research house said completion of klia2, which is currently ahead of schedule, would provide airport operator, Malaysia Airports Holdings Bhd (MAHB), the chance to seize the opportunity from the robust regional … Continue reading klia2 opening to boost air traffic

Work together to complete klia2

8 July 2012 VITALLY IMPORTANT: The success of klia2 is not about pitting one man’s ego against another but getting it done on time and on budget All stakeholders, including AirAsia and MAHB, should sit down together to prepare for the opening of klia2 as scheduled in April 2013. Work together to complete klia2 ARDENT … Continue reading Work together to complete klia2

Overwhelming response to klia2 tender as new deadline nears

3 May 2012 Airport authority Malaysia Airports Holding Berhad has reported an “overwhelming response” to its ambitious programme of commercial tenders for space in its new “next generation hub” in Kuala Lumpur, klia2. Over 1,000 companies registered their interest during the first two phases of the process, and the deadline for submissions for Phase Three … Continue reading Overwhelming response to klia2 tender as new deadline nears

MIDF cuts MAHB target price

27 Apr 2012 MIDF Research cut its target price for Malaysia Airports Holdings Bhd to RM6.72 (US$2.20) from RM7.30 after the announcement of the airport operator’s first quarter results on Thursday. “We are adjusting our target price in conjunction with the private placement of 110 million shares which was completed in March,” said the broker … Continue reading MIDF cuts MAHB target price

Have a peach and scoot off

7 April 2012 WHEN low-cost carriers (LCCs) burst onto Asia’s aviation landscape about a decade ago, they were initially greeted with scepticism due to restrictive bilateral air service agreements, lack of secondary airports and low Internet and credit card penetration. However, with creative collaboration (e.g. working with convenience stores and post offices to distribute tickets), … Continue reading Have a peach and scoot off

Being Flexible

21 March 2012 The planning and design of Kuala Lumpur’s existing low-cost carrier terminal and its $1.2 billion replacement shows just how flexible airports have to be when building major new infrastructure, writes Joe Bates. The low-cost phenomenon has had such an impact on Kuala Lumpur International Airport that Malaysia’s capital city gateway will open … Continue reading Being Flexible

Smiths Detection supplies advanced scanners to Malaysia

12 March 2012 Smiths Detection has won contracts to supply advanced X-ray screening systems and explosives trace detectors to two major airports in Malaysia. Penang International Airport and Kuala Lumpur International Airport Low Cost Carrier Terminal 2 (klia2) will be equipped with HI-SCAN detectors that can detect explosives automatically and IONSCAN table-top devices that can … Continue reading Smiths Detection supplies advanced scanners to Malaysia

MAHB to raise 616 million ringgit

9 March 2012 Malaysia Airports Holdings Bhd (MAHB) is expected to raise RM616mil from its private placement after fixing the issue price at RM5.60 a share. The airport operator had earlier proposed private placement of up to 110 million new ordinary shares of RM1 each, representing 10% of the company’s issued and paid-up share capital, … Continue reading MAHB to raise 616 million ringgit

MAHB announces 10 winners of KLIA online contest

29 February 2012 Ten contestants were named the winners of Kuala Lumpur International Airport (KLIA) online contest recently. Several of KLIA‘s online contest winners at the prize-giving ceremony. Malaysia Airports Holdings Berhad senior general manager of commercial services, Faizah Khairuddin said the contest drew about 800 entries. "We were extremely encouraged by the response," she … Continue reading MAHB announces 10 winners of KLIA online contest

US market underserved from Malaysia

15 February 2012 The Malaysian air transport market has been leading the growth in Southeast Asia for quite some time, but there are changes to the country’s aviation landscape on the horizon with the partnership between the country’s two main airlines; Malaysia Airlines and AirAsia. anna.aero’s Ryan Ghee spoke to Tan Sri Bashir Ahmad, Managing … Continue reading US market underserved from Malaysia