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