Analyst suggests govt sell or get strategic partner for Malaysia Airlines

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

Festive crowd boosts 5.4% growth of passenger traffic in local airports

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

MAHB allocates up to RM300 million to upgrade baggage handling system at KLIA this year

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