PSC – klia2.info

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

MAHB seen well-entrenched on rising per capita income

4 November 2019 Malaysia Airports Holdings Bhd (Nov 1, RM8.02) Upgrade to outperform with a higher target price (TP) of RM9.50: The weighted average cost of capital (WACC) stays at 10.88%; regulated revenue per pax increased from RM42.90 to RM43.50. The Malaysian Aviation Commission (Mavcom) reaffirmed the implementation of the regulatory asset base (RAB) model … Continue reading MAHB seen well-entrenched on rising per capita income

Analysts: RAB framework’s implementation still ontrack

2 November 2019 Analysts are positive that the Regulated Asset Base (RAB) framework is still in progress and expected to be finalised for implementation by January 1, 2020. Following a briefing by Malaysian Aviation Commission (MAVCOM) on the RAB framework, the research team at Kenanga Investment Bank Bhd (Kenanga Research) noted that MAVCOm reaffirmed the … Continue reading Analysts: RAB framework’s implementation still ontrack

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

Government, Mavcom look headed on a collision course

29 October 2019 THE signs are unmistakeable — the government is on a collision course with the Malaysian Aviation Commission (Mavcom). And with that comes renewed and unwelcome uncertainty for Malaysia Airports Holdings Bhd (MAHB) shareholders. At an investors’ forum in Kuala Lumpur last Thursday, Transport Minister Anthony Loke gave those in attendance a couple … Continue reading Government, Mavcom look headed on a collision course

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 Files Court Action Against Malaysia Airports

9 October 2019 AirAsia and AirAsia X have filed a fresh legal challenge against the operator of Kuala Lumpur International Airport at the Kuala Lumpur High Court. AirAsia claims that Malaysia Airports (MASSB) owes it $114.5 million for losses caused as a result of negligence relating to the maintenance of Kuala Lumpur International Airport. The … Continue reading AirAsia Files Court Action Against Malaysia Airports

Transport Ministry in legal quandary over PSC cut

8 October 2019 THE Ministry of Transport (MoT) may miss a Cabinet-agreed deadline to reduce airport tax for passengers departing from all airports, except Kuala Lumpur International Airport (KLIA), to destinations beyond Asean on Oct 1. Mere days before the lower airport tax — also known as passenger service charge (PSC) — takes effect, the … Continue reading Transport Ministry in legal quandary over PSC cut