Incentives given to all airlines, not just AirAsia: Fernandes

  • Business
  • Wednesday, 25 Jul 2018

Tan Sri Tony Fernandes, in his latest Twitter post, said the airport regulator and operator should have supported the stakeholders -- both the airlines and passengers -- with fair treatment.

KUALA LUMPUR: AirAsia Group Chief Executive Officer Tan Sri Tony Fernandes in his latest tweet acknowledged all the incentives provided by Malaysia Airports Holdings Bhd (MAHB) to nurture low-cost travel growth, but pointed out that they were given to all airlines and not just AirAsia.

“Malaysia Airports press releases have given @AirAsia a great opportunity to reply to give our side of the story on Kota Kinabalu and incentives. Also the lack of support on developing low-cost travel and the lost billions to the Malaysian economy.

“Incentives are given to all airlines. Not just @AirAsia. We built a huge business for Malaysia Airports. In support, quite the opposite was given in giving us support. Klia2 was the last Thor of airport @AirAsia. Anything would have been better than that,” he said in a string of tweets in response to MAHB. 

Fernandes said the airline could have done so much more and created many more jobs if only MAHB had worked with AirAsia, their biggest customer.

“They are a monopoly and Malaysian Aviation Commission supposed to control that. Hopefully, that will happen in the future,” he said.

“Sandakan, Sibu, Tawau, Penang, Melaka and Kuching, all have huge potential with the right airport support,” he added.

MAHB had earlier said that it had been supporting the growth of low-cost travel and that the AirAsia group had up to last year benefited to the tune of RM376 million from its incentive programmes.

MAHB said it had provided not just the necessary infrastructure but also incentive programmes since 2002 that have benefited AirAsia.

The incentives included the Infancy Support Programme (2002-2007) and Enhanced Incentive Programme (2007-2009), which were given exclusively to AirAsia.

Subsequently, MAHB implemented three other incentive programmes such as the Airlines Recovery Plan to assist airlines to recover from the global financial crisis between 2009 and 2011. - Bernama

Article type: metered
User Type: anonymous web
User Status:
Campaign ID: 1
Cxense type: free
User access status: 3
Join our Telegram channel to get our Evening Alerts and breaking news highlights



Next In Business News

MUI Group's PMC to buy 51% stake in A&W Malaysia
Yinson reports third straight quarterly earnings growth
KPower posts RM37.4mil net profit in FY21, despite Covid-19 setbacks
FBM KLCI broadly higher on bargain-hunting activities
BNM's international reserves at US$116.2bil as at Sept 15
China stocks end higher, Evergrande's assurances lift real estate firms
Maybank, UOB to jointly underwrite RM2bil Islamic facility for Malayan cement
DFIs provide micro-SMEs with financing totalling RM8.1bil
Oil prices rise on tight supply, renewed risk appetite
Citi Malaysia bags multiple banking awards

Stories You'll Enjoy