Kuala Lumpur International Airport 2 (klia2)
27 June 2019 Malaysia’s High Court has dismissed applications made by AirAsia and AirAsia X seeking a judicial review of the Malaysian Aviation Commission’s (MAVCOM) decision not to mediate a dispute between the carriers and Malaysia Airports (MAHB). Both carriers acknowledged that their application was dismissed “with no costs,” and they will review the decision … Continue reading AirAsia, AirAsia X lose bid for MAVCOM judicial review
26 June 2019 AirAsia Group Bhd (June 25, RM2.74) Maintain buy with an unchanged target price (TP) of RM3.35: AirAsia Group Bhd has upsized its future fleet deliveries, converting 253 orders for the Airbus A320 NEOs aircraft to the larger A321 NEOs. To date, AirAsia has placed orders for 239 A320s (with 224 delivered) and … Continue reading New technologies, ideas expected to keep AirAsia ahead of rivals
26 June 2019 For those who didn’t know, you can book a SOCAR for a one-way trip to KLIA and klia2. This is an alternative way of getting to the airport as you get the flexibility to pick up friends or perform last minute errands before you fly. From now until August 31, 2019, SOCAR … Continue reading SOCAR lets you book a one-way trip to KLIA from as little as RM30
20 June 2019 Malaysia Airports Holdings Bhd (June 19, RM8.51) Maintain buy with an unchanged target price (TP) of RM8.80: The Malaysian Aviation Commission (Mavcom) released its second consultation paper for the framework of aeronautical charges. With regard to the regulatory-based asset framework, Malaysia Airports Holdings Bhd (MAHB) submitted a nominal pre-tax weighted average cost … Continue reading MAHB passenger numbers seen at over 100 million in 2019
19 June 2019 Global payment brand UnionPay and Express Rail Link Sdn Bhd (ERL) today announced their participation in the new “Go Cashless on Public Transport” campaign by the Ministry of Transport Malaysia, to accelerate the use of cashless payments on public transportation in support of the national cashless movement. Consumers who are travelling on … Continue reading UnionPay and ERL Join “Go Cashless on Public Transport” Campaign to Accelerate Cashless Payments on Public Transportation
18 June 2019 Damansara Realty Bhd is partnering Negeri Sembilan’s state investment arm, the Menteri Besar Negeri Sembilan (Inc) (MBNSI), to jointly develop a RM771 million mixed development in Bandar Sri Sendayan, Negeri Sembilan. In a filing with Bursa Malaysia, Damansara Realty said it had accepted a letter of award from MBNSI for the joint-development … Continue reading Damansara Realty partners state investment arm in RM771 million mixed development
10 June 2019 MALAYSIA Airports Holdings Berhad (MAHB) has received the Asia Responsible Enterprise Award (AREA) 2019 for spearheading sustainable green initiatives and creating value to the aviation industry. The airport operator received the award for its sustainability initiatives on klia2 at the awards ceremony in Taipei, Taiwan. Sixty-four projects and business leaders were honoured … Continue reading Malaysia Airports recognised for green initiatives
7 June 2019 The Sama-Sama Hotel KL International Airport (KLIA) will be spending RM16 million to renovate its restaurants and event spaces, starting from the middle of November this year. Its general manager Sundralingam Kulendra said the renovation which will be in phases, is in line with the shift in trends and lifestyle to give … Continue reading Sama-Sama Hotel KLIA allocates RM16mil for renovation
6 June 2019 In 2016, an Indian national’s 8 days/7 nights holiday to Malaysia with his wife, parents and a child through klia2 would have cost him RM160 in passenger service charge (PSC). Today, the same holiday would cost the five-member family from India RM505 in PSC and Tourism Tax. And from Sept 1, the … Continue reading Tough terrain for Malaysia’s tourism industry
3 June 2019 AirAsia Group Bhd is hopeful that the new passenger service charge (PSC) will be revised to RM25-RM30 for passengers travelling via the low-cost terminal in Sepang. The new PSC rate is scheduled to be published by October this year, according to the Malaysian Aviation Commission (MAVCOM). The PSC charges are currently at … Continue reading Revised PSC shoud be between RM25 – RM30, says Fernandes