AirAsia urges regulator, policymakers to rescind PSC hike

KUALA LUMPUR: Regulators and policymakers in the airline industry have been urged to rebuff the additional RM23 passenger service charge (PSC), which AirAsia believes is an unfair and unreasonable attempt by Malaysia Airports Holdings Bhd (MAHB).

AirAsia Malaysia chief executive officer Riad Asmat said MAHB has argued it needs more profits to operate smaller loss-making airports on behalf of the government, but it is obvious from its exponential growth in profits over the last three years, even after taking into account losses in its Turkish operations, that this is not the case.