Smaller net loss for MAHB

31 July 2015 Malaysia Airports Holdings Bhd (MAHB) reported a smaller net loss of RM19.88mil for the second quarter ended June 30, in line with analysts’ expectations. “We are doing well as a holding company. We are pleased with ISG’s performance. It was better than expected. The outlook still looks bright,” he said at a … Continue reading Smaller net loss for MAHB

klia2 issues need a resolution

30 July 2015 AIRPORTS are not airports when the runways are not fit for aeroplanes to land on and to take off from. Apparently this is the problem of the Kuala Lumpur International Airport Terminal 2 (klia2) which was designed for low-cost carriers. This is a controversy that began even before the tenants arrived, the … Continue reading klia2 issues need a resolution

klia2 gets new detection machine

16 June 2015 A verifier travel document and biometrics system facility is being installed at the Malaysia Airport, Kuala Lumpur International Airport 2 (klia2), to detect fake travel documents in less than 20 seconds. The Canadian High Commission in Malaysia handed over the solution, which was developed by International Organization for Migration in Bangkok, Thailand, … Continue reading klia2 gets new detection machine

MAHB to beef up non-aeronautical ops

11 June 2015 Malaysia Airports Holdings Bhd (MAHB) is targeting to grow its non-aeronautical revenue contribution to 60%, managing director Datuk Badlisham Ghazali said. Its non-aeronautical segment now contributes about 50% of group revenue, he said. “The Government wants us to grow the non-aeronautical portion for more revenue so that we can be more investment-minded. … Continue reading MAHB to beef up non-aeronautical ops

Malindo offers in-flight WiFi

4 June 2015 Hybrid airline Malindo Air has become the first airline in Malaysia to provide onboard connectivity via its new Malindo WiFi and Malindo Mobile services on its Boeing 737-900ER aircraft. SURF IN THE AIR: Liow (right) and Chandran trying out Malindo Air's new in-flight connectivity services on board a plane during the launch … Continue reading Malindo offers in-flight WiFi

Hard to probe into MAS as it’s a GLC, PAC tells union

31 May 2015 The special position enjoyed by government-linked companies (GLC) under Khazanah Nasional makes it difficult for Parliament's Public Accounts Committee (PAC) to conduct investigations or demand explanations from their management teams, the committee's chief said in response to calls to probe mismanagement in Malaysia Airlines. MAS's special position as a government-linked company makes … Continue reading Hard to probe into MAS as it’s a GLC, PAC tells union

WCT plans 2 new malls

30 May 2015 WHEN WCT Holdings Bhd opened its first mall – the Aeon Bukit Tinggi Shopping Mall – in Klang eight years ago, it was a start to a long-term plan to diversify into shopping mall ownership and management. High traffic: Gatewayklia2 is expected to break even within the next two to three years. … Continue reading WCT plans 2 new malls

Many outlets at airports have been awarded Halal certification

27 May 2015 Minister in the Prime Minister's Office, Datuk Seri Jamil Khir Baharom said many of the restaurants at the Kuala Lumpur International Airport (KLIA) and klia2 have obtained halal certificates. "Among the restaurants which display the certificates are McDonald's, KFC, Starbucks, Marrybrown, Kenny Rogers and many more. "Consumers should come to their own … Continue reading Many outlets at airports have been awarded Halal certification

No cost overruns at klia2

20 May 2015 At The DEWAN RAKYAT klia2 did not experience cost overruns although costs had ballooned from RM1.7bil to RM4bil, the Transport Ministry said. In a written reply to Ariff Sabri Abdul Aziz (DAP-Raub), the ministry said the project never experienced cost overruns. “The reason is due to the new design for klia2, and … Continue reading No cost overruns at klia2

Air passenger traffic up in April 2015

14 May 2015 A report by Malaysia Airports Holdings Bhd (MAHB) showed that both domestic and international passenger movements at airports operated in Malaysia have improved in April. In its Bursa filing, MAHB reported year-on-year passenger traffic growth of 4.6%, recording nine million movements as of April 2015. Domestic traffic recorded 4.9 million passengers, an … Continue reading Air passenger traffic up in April 2015

MAHB reviews claims

6 May 2015 Malaysia Airports Holdings Bhd (MAHB) is reviewing its claims and counter-claims following the imposed liquidated and ascertained damages (LAD) on UEM-Bina Puri joint venture (JV) who were the contractors for the terminal building of klia2. “We are doing the review now and it should be completed by the end of this month. … Continue reading MAHB reviews claims

MAHB achieves KPI for 2014 with EBITDA of RM861.4 million

5 May 2015 Malaysia Airports Holdings Berhad (MAHB) recorded earnings before interest, tax, depreciation and amortisation (EBITDA) of RM861.4 million (without construction revenue and cost) achieving its key performance indicator (KPI) target for the financial year ended 31 December 2014 (FY2014). This 4.1% growth is supported by the growth in passenger movements in Malaysia of … Continue reading MAHB achieves KPI for 2014 with EBITDA of RM861.4 million

CIMB maintains Hold on MAHB

13 April 2015 CIMB Research has maintained its Hold call on MAHB with a targe price of RM7.45, as the outlook forMAHB’s Malaysian business is weak, though Turkey is doing better than expected.  In a note on Monday, CIMB said 2015 is unlikely to be a fabulous year for MAHB’s Malaysian operations. Passenger traffic growth … Continue reading CIMB maintains Hold on MAHB

Minister will report PAC’s recommendations to the Cabinet

11 April 2015 Minister in the Prime Minister’s Department Datuk Paul Low has defended the Finance Ministry for not submitting an official response to the Public Accounts Committee’s (PAC) recommendations to the Govern­ment. He said all ministries had taken heed of PAC’s dissatisfaction in regard to government processes, adding that the committee’s recommendations would be … Continue reading Minister will report PAC’s recommendations to the Cabinet

Someone ‘independent’ should head Malaysian Aviation Commission

8 April 2015 Aviation analysts said someone “independent”, who has the collective interests of all stakeholders in mind, should head the proposed Malaysian Aviation Commission. “The executive chairman has to be someone independent who can act accordingly to take care of all stakeholders of the industry,” an aviation analyst from a local investment bank told … Continue reading Someone ‘independent’ should head Malaysian Aviation Commission

be Duty Free marks opening with US$15,000 vacation giveaway

2 April 2015 MALAYSIA. Heinemann Asia Pacific has announced the winner of its ‘Win Your Dream Vacation’ contest, organised in celebration of theofficial opening of be Duty Free at klia2. The travel retailer’s be Duty Free store marked its grand opening at klia2’s International Departure last October by offering travellers a chance to win a ten-day … Continue reading be Duty Free marks opening with US$15,000 vacation giveaway

MP queries ‘over up’ at klia2

27 March 2015 Tony Pua wants the Transport and Finance Ministers to stop pussyfooting around the scandal. Liow Tiong Lai has been described as a typical “no action, talk only” Barisan Nasional (BN) Minister by DAP’s Tony Pua, because up until today, more than four months later, no directive has been given to the Auditor-General … Continue reading MP queries ‘over up’ at klia2

Working out the fare hike

20 March 2015 LAND Public Transport Commission (SPAD) chairman Tan Sri Syed Hamid Albar announced new fares for budget taxis, hired cars and express buses at a press conference yesterday. Working out the fare hike The meters for normal budget taxis are now clocking 10 sen for every 115m. When recalibrated with the new fares, … Continue reading Working out the fare hike

PAC needs AG’s report on 1MDB to start investigation

8 March 2015 The Public Accounts Committee (PAC) will proceed with its investigations on 1Malaysia Development Board (1MDB) once it received the audit report from the Auditor-General’s Department. PAC chairman Datuk Nur Jazlan Mohamed, in a statement last night, said this is because the committee requires an audit basis from the Auditor-General’s Department before it … Continue reading PAC needs AG’s report on 1MDB to start investigation

Control tower at KLIA2 cools down with Schneider equipment

2 March 2015 PERKASA Jauhari Sdn Bhd, the turnkey contractor which designed and built the air traffic control tower at the Kuala Lumpur International Airport (klia2), has implemented Schneider Electric’s Uniflair Precision Air Conditioning solution to keep the mission-critical equipment running at optimum. “The implementation of Schneider Electric’s Uniflair Precision Air Conditioning solutions is in … Continue reading Control tower at KLIA2 cools down with Schneider equipment

klia2 Air Traffic Control Tower implements Schneider’s solutions

26 February 2015 The air traffic control tower at the Kuala Lumpur International Airport 2 (klia2) is now using the Uniflair Precision Air Conditioning solution, to keep mission critical equipment running at optimum. Perkasa Jauhari Sdn Bhd, the turnkey contractor who designed and built klia2, said to accomplish critical functions like air traffic clearance, aircraft … Continue reading klia2 Air Traffic Control Tower implements Schneider’s solutions

What’s your point, Zam?

24 February 2015 By T K Chua I do not know the exact intention of Zainuddin Maidin’s piece on Lee Kuan Yew. In the midst of his praise for Lee, he insinuated many things that are either half-truths or outright baloney. For one, comparing our Twin Towers and F1 fest with Singapore’s achievements is simplistic … Continue reading What’s your point, Zam?

Convenience at klia2

24 February 2015 The next time you are at klia2 and are looking for a quick, affordable snack, head on over to the airport's all-new 7-Eleven store. The 7-Eleven Next Gen concept store at klia2 is unique, in that it offers additional amenities. These include complimentary Wi-Fi and a more diverse selection of products, offered … Continue reading Convenience at klia2

AirAsia X opens Chongqing route

19 February 2015 Kuala Lumpur based long-haul low-cost carrier (LCC) AirAsia X has opened its sixth destination in China with a new 4X-weekly service to Chongqing, one of China’s top second-tier cities. With a population of some 29 million—and a thriving heavy industry sector based on automotive, aviation, iron, steel and aluminum production—the city has a … Continue reading AirAsia X opens Chongqing route

Aviation stakeholders’ ask for airport tax to be GST exempted

22 January 2015 Aviation stakeholders are in talks with the Ministry of Finance to exempt passenger service charges (PSC) from being taxed under the Goods and Service Tax regime, a move which could dampen the government's move to encourage increased domestic travel through competitive domestic fares announced during the revised Budget 2015 announcement, Tuesday. It … Continue reading Aviation stakeholders’ ask for airport tax to be GST exempted

Development Of KLIA2 based on 2008 National Airport Master Plan

21 January 2015 Malaysia Airports Holdings Bhd (MAHB) said the failure to provide detailed clarification on National Airport Master Plan (NAMP) 2008, which became the reference for the development of klia2, has given rise to negative feedback on the construction of the low-cost carrier terminal (LCCT) including from the Public Accounts Committee (PAC). MAHB Managing … Continue reading Development Of KLIA2 based on 2008 National Airport Master Plan

Malaysia Airports traffic growth in 2014 affected

19 January 2015 Passenger movements at Malaysia’s airports exceeded 80 million for the first time in 2014, growing +4.7% to 83.3 million. This lower-than-expected increase is a result of “the negative sentiment from the two major unprecedented Malaysia Airlines incidents” during the year, according to Malaysia Airports.  “The impact from MH370 was significant for the … Continue reading Malaysia Airports traffic growth in 2014 affected

Malaysian police send DVI team

7 January 2015 Malaysian police have sent a team of eight Disaster Victim Identification personnel – consisting of divers, crime scene investigators, fingerprint experts and a photographer – to Surabaya to help in the recovery and identification of victims of the Indonesia AirAsia Flight QZ8501 crash. Six personnel, led by SAC Narenasagaran Thangaveloo and ACP … Continue reading Malaysian police send DVI team

Liow backs move to investigate klia2

5 January 2015 Datuk Seri Liow Tiong Lai welcomes the Public Accounts Committee’s recommendation for the Auditor-General (A-G) to investigate the Kuala Lumpur International Airport 2 (klia2) following accusations of mismanagement.  The Transport Minister, who is also MCA president, said that some people who had accused him of ignoring the recommendation had made accusations without basis.  … Continue reading Liow backs move to investigate klia2