AirAsia seeks RM409m from MAHB over klia2, LCCT

KUALA LUMPUR: AirAsia Bhd is seeking RM409mil for alleged loss and damages incurred operating from klia2 as well as from the low-cost carrier terminal.

AirAsia said on Friday it had served a letter of demand on Malaysia Airports Holdings Bhd and Malaysia Airports (Sepang) Sdn Bhd for the alleged loss and damages.

In its letter of demand, it claimed “MAHB has failed and/or breached its contractual duties and duty of care which has caused AirAsia to suffer and continue to suffer losses as a result of MAHB’s breach”. 

AirAsia also claimed the MAHB's breaches damaged AirAsia's brand and reputation as the public perception is that the failings of the facilities are within the control of AirAsia being the single largest operator of klia2.

Meanwhile, MAHB announced to Bursa Malaysia that it was served with a letter of demand amounting to RM409mil from Air Asia "in regards to purported loss and damages incurred in its operation in klia2 and LCCT".

MAHB said the company and its solicitor were looking into the matter and would make further announcement in due course.

Article type: metered
User Type: anonymous web
User Status:
Campaign ID: 1
Cxense type: free
User access status: 3
Subscribe now to our Premium Plan for an ad-free and unlimited reading experience!

Next In Business News

World stocks upbeat on hopes for China re-opening, inflation peaking
Tabung Haji confident of registering competitive profits this year despite challenges
PETRONAS' net profit more than double in the first nine months
Capital A posts bigger loss in 3Q, maintains positive outlook
Axiata, Telenor complete Celcom-Digi merger
Bank Islam posts higher net profit of RM142.86mil in 3Q
Raja Teh Maimunah appointed as CEO of Aeon’s digital bank
Ringgit ends higher against US dollar on positive China sentiment
BCorp expects satisfactory performance in FY23
TCS wins RM119mil construction contract

Others Also Read