Mavcom’s RAB framework lacks alignment with SPV 2030: AirAsia

7 November 2019 AirAsia Group Bhd has claimed that the Malaysian Aviation Commission (Mavcom) does not share the government’s Shared Prosperity Vision (SPV) 2030 to create a more equitable, high-income nation. AirAsia said Mavcom’s insistence on pushing through certain punitive elements within its new Regulatory Asset Base (RAB) framework had gone against the spirit of … Continue reading Mavcom’s RAB framework lacks alignment with SPV 2030: AirAsia

AirAsia accuses Mavcom of going against the spirit of ‘Shared Prosperity’ with new RAB framework

7 November 2019 AirAsia Group today accused the Malaysian Aviation Commission (Mavcom) of going against the federal government’s Shared Prosperity Vision (SPV2030) for its insistence on pushing through certain punitive elements within its new Regulatory Asset Base (RAB) framework. AirAsia Group President (Airlines) Bo Lingam pointed out how both Mavcom and Malaysia Airports Holdings Berhad … Continue reading AirAsia accuses Mavcom of going against the spirit of ‘Shared Prosperity’ with new RAB framework

AirAsia says klia2 not all bad, can still be visitor magnet if MAHB, Mavcom ‘listen’

2 November 2019 The AirAsia Group believes the systemic inefficiencies dogging Kuala Lumpur International Airport 2 (klia2) could be rectified to optimise the low-cost terminal’s potential if regulators pay attention to feedback. AirAsia Berhad and AirAsia X chief executive officer Riad Asmat and Benyamin Ismail told Malay Mail in a recent interview that the country’s … Continue reading AirAsia says klia2 not all bad, can still be visitor magnet if MAHB, Mavcom ‘listen’

Different PSC at KLIA, klia2 major hurdle for RAB implementation

1 November 2019 The Malaysian Aviation Commission (Mavcom) said the government’s intention of having different passenger service charge (PSC) rates at the Kuala Lumpur International Airport (KLIA) and Kuala Lumpur International Airport 2 (klia2) poses a major hurdle for the implementation of the Regulated Asset Base (RAB) framework. An analyst who attended a briefing by … Continue reading Different PSC at KLIA, klia2 major hurdle for RAB implementation