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

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

Lower PSC for all airports, except KLIA and klia2, under new RAB

24 October 2019 More than 20 million passengers in Malaysia will enjoy a lower passenger service charge (PSC) following the introduction of the regulated asset base (RAB) framework, said the Malaysian Aviation Commission (Mavcom). Among the airports that are expected to charge lower PSC rates are Langkawi, Penang, Kota Kinabalu, Kuching, Miri, Sibu, Tawau, Lahad … Continue reading Lower PSC for all airports, except KLIA and klia2, under new RAB

All airports, except KLIA and klia2, to enjoy lower PSC under new framework, says Mavcom

23 October 2019 More than 20 million passengers in Malaysia will enjoy a lower passenger service charge (PSC) following the introduction of the regulated asset base (RAB) framework, says the Malaysian Aviation Commission (Mavcom). Among the airports that are expected to charge lower PSC rates are Langkawi, Penang, Kota Kinabalu, Kuching, Miri, Sibu, Tawau, Lahad … Continue reading All airports, except KLIA and klia2, to enjoy lower PSC under new framework, says Mavcom

AirAsia sues klia2 operator for RM480m after mediation refused by Mavcom

4 October 2019 Low-cost carrier AirAsia Bhd sued Malaysia Airports (Sepang) Sdn Bhd (MASSB), the operator of Kuala Lumpur International Airport (KLIA) and klia2, on Wednesday over alleged losses and damages it suffered at the latter. In a statement today, AirAsia said it is claiming RM479.78 million from the Malaysia Airports Holdings Bhd (MAHB) unit … Continue reading AirAsia sues klia2 operator for RM480m after mediation refused by Mavcom

AirAsia set to implement reduced PSC at klia2 from tomorrow

30 September 2019 AirAsia guests will have reason to celebrate on Tuesday as it proceeds with the implementation of the reduced passenger service charge (PSC) at klia2 and other international airports in Malaysia where it operates. This follows last month’s announcement by the Malaysian Minister of Transport Anthony Loke of the Cabinet’s decision to revise … Continue reading AirAsia set to implement reduced PSC at klia2 from tomorrow

AirAsia set to implement lower PSC rate for non-ASEAN destinations from Oct 1

30 September 2019 Airasia Group Bhd says it is set to implement tomorrow (Oct 1), the new, lowered passenger service charge or PSC for passengers flying out to destinations beyond Asean from all other airports in Malaysia, except the Kuala Lumpur International Airport. Its announcement today came after Transport Minister said in end-August that the … Continue reading AirAsia set to implement lower PSC rate for non-ASEAN destinations from Oct 1

Malaysia’s passenger service charge reduction draws opposing views

11 September 2019 The Malaysian government will reduce the passenger service charge (PSC) for international flights from RM73 (US$17) to RM50 at all airports in Malaysia, except Kuala Lumpur International Airport (KLIA), from October 1. Transport minister Anthony Loke said the move was meant to reduce the tax burden of travellers, in light of the … Continue reading Malaysia’s passenger service charge reduction draws opposing views

Loke: PSC cut not temporary

4 September 2019 Transport Minister Anthony Loke Siew Fook said the lowering of passenger service charge or PSC for international travellers flying beyond Asean from klia2 and other airports, other than the Kuala Lumpur International Airport (KLIA), is “not temporary”, and “should not be disputed”. “It is not temporary. When it (PSC cut) was announced … Continue reading Loke: PSC cut not temporary

MAHB’s shares up, fuelled by expectations on new PSC rates

4 September 2019 The lower PSC collection for non-KLIA international flights is neutral to MAHB’s financial performance, says research house By SHAZNI ONG / Pic By BLOOMBERG Malaysia Airports Holdings Bhd’s (MAHB) shares rose on expectations that the Malaysian Aviation Commission (Mavcom) will announce new passenger service charge (PSC) rates in the next few weeks, … Continue reading MAHB’s shares up, fuelled by expectations on new PSC rates

PSC cut has created uneven playing field for airlines, claims IATA

2 September 2019 Malaysia is creating an uneven playing field for airlines with the reduction in the passenger service charge (PSC) for destinations beyond Asean, claims the International Air Transport Association (IATA). IATA’s regional vice-president for Asia Pacific, Conrad Clifford, said that while the reduction is positive for most travellers in Malaysia, “we are disappointed … Continue reading PSC cut has created uneven playing field for airlines, claims IATA

New PSC charges ensures everyone is charged fairly, says Tony Fernandes

30 August 2019 News of the reduced Passenger Service Charge (PSC) for destinations beyond Asean countries at other airports other than the Kuala Lumpur International Airport (KLIA) is a victory for AirAsia Group Bhd, said its chief executive officer Tan Sri Tony Fernandes. Earlier today, Transport Minister Anthony Loke announced that the new PSC charges … Continue reading New PSC charges ensures everyone is charged fairly, says Tony Fernandes

Except KLIA, PSC for international flights cut to RM50 starting Oct 1

30 August 2019 The government has reduced passenger service charges (PSC) for international flights to RM50 at all airports in Malaysia, except for the Kuala Lumpur International Airport (KLIA). Transport Minister Anthony Loke said the new rate would be effective Oct 1. In line with the new rates, which also applies to klia2, passengers who … Continue reading Except KLIA, PSC for international flights cut to RM50 starting Oct 1

PSC for international flights at airports other than KLIA cut to RM50 from Oct 1

30 August 2019 The Passenger Service Charge (PSC) rate for international flights at all airports in Malaysia, except for the Kuala Lumpur International Airport (KLIA), has been cut to RM50 from RM73, effective Oct 1, Transport Minister Anthony Loke Siew Fook announced. He said the PSC rates for other sectors at all airports, however, remained … Continue reading PSC for international flights at airports other than KLIA cut to RM50 from Oct 1

Trade stands with AirAsia’s petition against PSC hike at klia2

16 August 2019 The Malaysian travel trade have rallied on AirAsia’s side after the airline recently launched a petition to protest against the additional RM23 (US$5) passenger service charge (PSC) for passengers using klia2 to fly to destinations outside of South-east Asia. The petition – launched on August 8 on www.change.org with versions available in … Continue reading Trade stands with AirAsia’s petition against PSC hike at klia2

PSC is interim before asset base framework implementation, says Mavcom

13 August 2019 by SHAZNI ONG/ pic by MUHD AMIN NAHARUL THE Malaysian Aviation Commission (Mavcom) said the 2017’s passenger service charge (PSC) rate is a temporary measure before the implementation of levies based on the Regulatory Asset Base (RAB) framework. The regulator of the country’s commercial aviation sector also warned that carriers will be … Continue reading PSC is interim before asset base framework implementation, says Mavcom

AirAsia Starts Petition Against High Malaysia Airport Passenger Charges

12 August 2019 By Joanna Bailey AirAsia has launched a petition against what they are calling ‘unfair’ passenger service charges at Malaysia’s airports. The budget carrier says charges have been increased more than 200% in three years, and argue that passengers using low-cost hubs should pay less than those using full-service airports. Problems at klia2 … Continue reading AirAsia Starts Petition Against High Malaysia Airport Passenger Charges

MAVCOM wants MoF’s departure levy to fund aviation development

12 August 2019 Malaysian Aviation Commission (MAVCOM) executive chairman Dr Nungsari Ahmad Radhi wants Ministry of Finance’s collection of departure levy, starting September 2019, to fund aviation development. The Malaysian Aviation Commission (MAVCOM) executive chairman Dr Nungsari Ahmad Radhi concurred with the International Civil Aviation Organisation (ICAO) that money collected from air travellers should go … Continue reading MAVCOM wants MoF’s departure levy to fund aviation development

AirAsia’s bid to halt RM40.6m PSC payment until appeal heard fixed for Sept 27

9 August 2019 AirAsia Group Bhd’s application for a stay of execution of last month’s summary judgment for it to pay RM40.6 million in passengers service charge (PSC) it owed to Malaysia Airports (Sepang) Sdn Bhd, has been fixed to be heard on September 27 by the High Court here. This follows case management of … Continue reading AirAsia’s bid to halt RM40.6m PSC payment until appeal heard fixed for Sept 27

AirAsia launches petition to protest hike in passenger service charge

8 August 2019 Low-cost airline AirAsia has launched a petition to protest the RM23 additional passenger service charge (PSC) for passengers travelling beyond Asean from RM50 to RM73 per person. At the time of writing, the petition, which was launched mid-last night has garnered 28,568 signatures. “We opposed this increase by not collecting the additional … Continue reading AirAsia launches petition to protest hike in passenger service charge

AirAsia, AirAsia X to charge non-Asean international passengers PSC of RM73 from midnight

8 August 2019 Low-cost carrier AirAsia Group Bhd and its affiliate AirAsia X Bhd (AAX) will start charging a passenger service charge (PSC) of RM73, from RM50 currently, for non-Asean international departures from klia2 starting midnight. The low-cost airline group has only been charging RM50 per passenger on its flights as it felt klia2 passengers … Continue reading AirAsia, AirAsia X to charge non-Asean international passengers PSC of RM73 from midnight

AirAsia includes ‘Under Protest’ in receipts as it starts collecting extra RM23 for PSC

8 August 2019 AirAsia says it will start collecting the additional RM23 in passenger service charge (PSC) following the High Court’s ruling last month ordering the low-cost airline to pay RM40.6 million to Malaysia Airports Holdings Berhad (MAHB) for failing to collect the tax. But the airline said it was doing so “under strong protest”, … Continue reading AirAsia includes ‘Under Protest’ in receipts as it starts collecting extra RM23 for PSC

MAHB’s airport tax will undo Malaysia’s position as low-cost hub, AirAsia executive chairman says

3 August 2019 AirAsia Group Bhd co-founder and executive chairman Datuk Kamarudin Meranun today expressed his disappointment over the high airport tax that has been imposed by Malaysia Airports Holdings Bhd (MAHB) on passengers. This follows after a protracted court battle between the MAHB and AirAsia which was triggered after the latter refused to collect … Continue reading MAHB’s airport tax will undo Malaysia’s position as low-cost hub, AirAsia executive chairman says

A year on, AirAsia launches #FairAirportTax campaign against PSC hike at klia2

29 July 2019 A year on, AirAsia Group Bhd has launched a social media campaign, protesting against the government’s move to equalise the passenger service charge (PSC) for non-Asean international flights at klia2 with that of the main Kuala Lumpur International Airport (KLIA). With a video and statement posted under the hashtag #FairAirportTax on Twitter, … Continue reading A year on, AirAsia launches #FairAirportTax campaign against PSC hike at klia2

BAR remarks are ‘inconsequential and self-serving’, says AirAsia’s Riad

26 July 2019 by SHAZNI ONG/ pic by BLOOMBERG AIRASIA Group Bhd hit back at the remarks from the Board of Airline Representatives Malaysia (BAR) on the firm’s ongoing dispute with Malaysia Airports Holdings Bhd (MAHB), describing it as “inconsequential and self-serving”. AirAsia CEO Riad Asmat said BAR has no ground in this issue as … Continue reading BAR remarks are ‘inconsequential and self-serving’, says AirAsia’s Riad

AirAsia dismisses airline group’s remarks on airport passenger tax

25 July 2019 AirAsia Group Berhad has dismissed the comments made by a group representing the majority of airlines operating in Malaysia in the low-cost carrier’s dispute with Malaysia Airports Holdings Berhad (MAHB) over the passenger service charge (PSC). In a statement, AirAsia Berhad CEO Riad Asnat said the Board of Airline Representatives (BAR) had … Continue reading AirAsia dismisses airline group’s remarks on airport passenger tax

AirAsia CEO accuses BAR industry group of bias against low-cost carriers

25 July 2019 AirAsia Berhad chief executive officer Riad Asmat dismissed today the Board of Airline Representatives’ (BAR) views backing Malaysia’s sole airport operator as a sign it favoured full-service carriers. He also derided BAR as “inconsequential, self-serving” after the group came out in support of the High Court decision to dismiss AirAsia and AirAsia … Continue reading AirAsia CEO accuses BAR industry group of bias against low-cost carriers

Tony Fernandes: KLIA and klia2 are not the same, why charge the same PSC?

19 July 2019 Low-cost carrier AirAsia Bhd founder and group chief executive officer Tan Sri Tony Fernandes has drawn a comparison between the quality of service provided in the Kuala Lumpur International Airport (KLIA) and klia2 in explaining his reasons for not wanting to charge customers the higher mandated passenger service charge (PSC). “It’s like … Continue reading Tony Fernandes: KLIA and klia2 are not the same, why charge the same PSC?

In twitter tirade, Tony Fernandes says ‘disapppointed and frustrated’ with airport authorities

18 July 2019 AirAsia Group Bhd group chief executive officer Tan Sri Tony Fernandes said he is “disappointed and frustrated” with airport authorities. On microblogging platform Twitter, Fernandes uploaded a video of an AirAsia pilot alleging that the plane could not move and had to be towed due to the uneven surface of the gate … Continue reading In twitter tirade, Tony Fernandes says ‘disapppointed and frustrated’ with airport authorities

AirAsia chief: Integrated plan, not more taxes, ‘desperately’ needed to grow M’sia tourism industry

16 July 2019 Malaysia desperately needs an integrated tourism plan, and not more taxes, to grow its tourism industry, said AirAsia Group chief executive officer Tan Sri Tony Fernandes. In a series of tweets today, the outspoken steward of the budget carrier said taxing the industry is not helpful, especially when it is a “low-hanging … Continue reading AirAsia chief: Integrated plan, not more taxes, ‘desperately’ needed to grow M’sia tourism industry

MAHB passenger numbers seen at over 100 million in 2019

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

Let the courts decide

27 May 2019 Last week, a hearing date was set for AirAsia’s judicial review application against the Malaysian Aviation Commission’s (Mavcom) decision not to adjudicate on the airline’s dispute with Malaysia Airports Holdings Bhd (MAHB). The dispute in question was over uncollected passenger service charges (PSC), which MAHB is claiming from AirAsia Bhd and AirAsia … Continue reading Let the courts decide

PSC dispute: Let the courts decide

5 February 2019 After years of being at loggerheads, Malaysia’s dominant airport operator and Asia’s biggest budget airline group are taking their airport tax dispute to court for the first time. The airport tax, or passenger service charge (PSC), has been a point of contention between Malaysia Airports Holdings Bhd (MAHB) and AirAsia group for … Continue reading PSC dispute: Let the courts decide

AirAsia Malaysia’s CEO slams MAHB’s PSC clarification, calling it ‘duplicitous and disingenuous’

4 February 2019 AirAsia Malaysia chief executive officer (CEO) Riad Asmat has slammed Malaysia Airport Holdings Bhd’s(MAHB) statement on the passenger service charge (PSC) that was released yesterday, calling the airports operator’s arguments “duplicitous and disingenuous”. In a statement today, Riad said the seven-page statement by MAHB yesterday did not clarify on the PSC, but … Continue reading AirAsia Malaysia’s CEO slams MAHB’s PSC clarification, calling it ‘duplicitous and disingenuous’

MAHB-AirAsia feud undermines M’sian effort to be aviation hub

4 February 2019 The bad blood between Malaysia Airports Holdings Bhd (MAHB) and AirAsia Group Bhd continues to boil over. After being served with a notice by AirAsia claiming almost RM480mil for losses incurred from operating at klia2, MAHB said the low-cost carrier’s disparity of approach to the Passenger Service Charge (PSC) impacted its ability … Continue reading MAHB-AirAsia feud undermines M’sian effort to be aviation hub

Travellers against departure levy

4 February 2019 AS the feud intensifies between Malaysia Airports Holdings Bhd (MAHB) and AirAsia, so too the voices from air travellers against the imposition of a departure levy, as well as increase in passenger service charge (PSC). Malaysians, however, said they were determined to continue travelling. (File pix) Malaysians say the departure levy will … Continue reading Travellers against departure levy

MAHB says it does not set, fix or control passenger service charges (PSC)

3 February 2019 Malaysia Airports Holdings Berhad (MAHB) said that it does not set, fix or control passenger service charges (PSC), in response to civil suits between its subsidiary Malaysia Airports (Sepang) Sdn Bhd and AirAsia over hundreds of millions of ringgit in outstanding PSC. The airport operator said PSC partially covers the operating, improvement … Continue reading MAHB says it does not set, fix or control passenger service charges (PSC)

EPF urges AirAsia, MAHB to settle disputes through negotiations

2 February 2019 Employees Provident Fund (EPF), a common major shareholder in AirAsia Group Bhd and Malaysia Airport Holdings Bhd, has asked both companies to settle their differences without engaging in a court battle. Citing sources, The Edge reported that EPF had written to both parties to resolve their dispute through negotiations as prolonged litigation … Continue reading EPF urges AirAsia, MAHB to settle disputes through negotiations

MAHB’s record-breaking profits bring risks to the Malaysian economy and tourism industry: AirAsia

20 December 2018 Malaysia Airports Holdings Bhd`s (MAHB) record profits, which the group claimed to be attributed to an increase in passenger service charge (PSC) and growth in passenger numbers, come at a cost to the Malaysian economy and tourism industry, said AirAsia Group. MAHB`s net profit more than tripled in 2017 to RM237 million … Continue reading MAHB’s record-breaking profits bring risks to the Malaysian economy and tourism industry: AirAsia

MAHB could snuff out clients with unjustified hikes in airport charges, says AirAsia

19 December 2018 Malaysia Airports Holdings Bhd (MAHB) could eventually “squeeze” its clients out of business with unjustified increase in charges such as with the Passenger Service Charge (PSC), AirAsia claimed today. Benyamin described klia2 as a ‘passenger-unfriendly airport’ with inferior facilities that did not justify the high airport charges. — Picture by Saw Siow … Continue reading MAHB could snuff out clients with unjustified hikes in airport charges, says AirAsia