AirAsia jumps on KKIA Terminal 2 hope


KUALA LUMPUR: Share price in AirAsia Bhd climbed to its highest since Pakatan Harapan won the general election on May 9, bolstered by news that the government is looking into the budget carrier’s request to move its base in Kota Kinabalu to a dedicated low cost terminal.

At 3.30pm. the stock was up 12 sen at RM3.52 as at 3.30pm with 16.6 million shares changing hands.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

Powering on data centres
Medical insurance premiums on the rise
Blackstone, KKR mortgage REITs stung by office debt challenges
Making scents of success
Tesla’s plan for affordable cars takes page from Detroit rivals
Sapura Energy takes a step to turn the tide
Are there too many GPs and is the healthcare system overwhelmed?
Kelington to reap the benefits of a diversified business strategy
Investors brace for 5% Treasury yields
Singapore’s growth trajectory remains intact

Others Also Read