PSC – klia2.info

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

Tough terrain for Malaysia’s tourism industry

6 June 2019 In 2016, an Indian national’s 8 days/7 nights holiday to Malaysia with his wife, parents and a child through klia2 would have cost him RM160 in passenger service charge (PSC). Today, the same holiday would cost the five-member family from India RM505 in PSC and Tourism Tax. And from Sept 1, the … Continue reading Tough terrain for Malaysia’s tourism industry

Revised PSC shoud be between RM25 – RM30, says Fernandes

3 June 2019 AirAsia Group Bhd is hopeful that the new passenger service charge (PSC) will be revised to RM25-RM30 for passengers travelling via the low-cost terminal in Sepang. The new PSC rate is scheduled to be published by October this year, according to the Malaysian Aviation Commission (MAVCOM). The PSC charges are currently at … Continue reading Revised PSC shoud be between RM25 – RM30, says Fernandes

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

AirAsia, AirAsia X file judicial review against Mavcom

15 May 2019 AirAsia Bhd and AirAsia X Bhd have filed a judicial review challenging the Malaysian Aviation Commission (Mavcom) for declining to decide its disputes with Malaysia Airport (Sepang) Sdn Bhd (MASSB) pertaining to the passenger service charge (PSC) and poor level of service at klia2. In a statement yesterday, AirAsia said the airlines … Continue reading AirAsia, AirAsia X file judicial review against Mavcom

MAHB looks to return to its heyday of rapid growth

13 March 2019 Malaysia Airports Holdings Bhd (MAHB) has just wrapped up its best financial year, suggesting that the airport operator is finally returning to a period of rapid growth last seen before FY2015. On Thursday, MAHB released data showing that it posted a record net profit of RM727.3 million and revenue of RM4.85 billion … Continue reading MAHB looks to return to its heyday of rapid growth

Govt to stay out of MAHB-AirAsia feud, says Loke

21 February 2019 The government said it will stay out of the commercial spat between Malaysia Airports Holdings Bhd (MAHB) and AirAsia Group Bhd over the collection of the passenger service charge (PSC) at the Kuala Lumpur International Airport 2 (klia2). Transport Minister Anthony Loke said both parties should re-negotiate an amicable solution, and the … Continue reading Govt to stay out of MAHB-AirAsia feud, says Loke

MAHB-AirAsia feud: EPF wants amicable solution

19 February 2019 The Employees Provident Fund (EPF) is expected to hold discussions with AirAsia Group Bhd soon, pertaining to its ongoing legal tussle with Malaysia Airports Holdings Bhd (MAHB) on the collection of passenger service charge (PSC) at the Kuala Lumpur International Airport 2 (klia2). The pension fund, which holds major stakes in both … Continue reading MAHB-AirAsia feud: EPF wants amicable solution

Mavcom on wait-and-see mode over MAHB-AirAsia spat

12 February 2019 The Malaysian Aviation Commission (Mavcom) will not involve itself in the ongoing spat between Malaysia Airports Holdings Bhd (MAHB) and AirAsia Group Bhd, over the collection of passenger service charge (PSC) at the Kuala Lumpur International Airport 2 (klia2). Mavcom chairman Dr Nungsari Ahmad Radhi (picture) said the regulator will instead wait … Continue reading Mavcom on wait-and-see mode over MAHB-AirAsia spat

MAHB tells AirAsia to remove online articles

11 February 2019 Airport operator issues letter of demand to stop low-cost carrier from making further ‘misleading statements’ on its portal A week after Malaysia Airports Holdings Bhd (MAHB) rejected AirAsia’s offer of mediation, the airport operator has served a letter of demand on the low-cost airline group to remove several articles published on the … Continue reading MAHB tells AirAsia to remove online articles